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What does it mean to be a guarantor on a loan 2024?
loan loan
Questioner:Lucas Patel 2023-05-07 09:38:01
The most authoritative answer in 2024
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Harper Bell——Studied at the University of Barcelona, Lives in Barcelona, Spain.
Guaranteeing a
loan or other credit contract makes you responsible for paying the debt should the borrower fail to keep up with their payments.
Being a guarantor is risky, so if you are considering this route make sure you know exactly what the implications are.
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