Being a guarantor for others to buy a house may have an impact on future home purchase and personal credit reporting.

When the borrower fails to repay the loan on time, the guarantor shall bear the repayment responsibility. When borrowing again as a guarantor, the bank will also check the credit record of the guarantor, and the guarantor's serious bad record will be affected.

The bank's requirements for the guarantor are generally that it must be a local account, with a good economic foundation and stable income. As a guarantor, the borrower should bear the repayment responsibility when he fails to repay the loan, so once he agrees to guarantee the lender, he agrees to bear the repayment risk for him. In general, when you borrow money as a guarantor, the bank will also check the credit history of the guarantor. The serious bad record of the guarantor will affect the credit information of the guarantor.

According to the different ways of guarantee, China's guarantee law divides guarantee into general guarantee and joint liability guarantee.