Tag loan guarantor

Should you become a Loan Guarantor?

While being a loan guarantor you may be helping a friend or relative but do you know any default by the primary borrower can land you in serious trouble and you may need to repay the outstanding amount.

Things to Keep in Mind Before You Sign Up as a Loan Guarantor

Basically a loan guarantor is someone who is legally liable to pay off the loan or the outstanding loan amount, in case if the primary applicant is unable to repay it. A guarantor can be anyone from your family, friends… Continue Reading →

Watch out before Becoming a Loan Guarantor

Nowadays banks have the facility to get all credit information of the applicants, thus it is not easy to hide anything from banks. All banks have access to access any type of credit data through CIBIL ratings and remarks. This… Continue Reading →

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