What Does It Mean If You Are A Guarantor?
Has anyone asked you to be their loan guarantor? This decision to become a loan guarantor should be considered carefully and today, we will look into the details that you should be aware of before taking on the responsibility of being someone’s guarantor. Being a guarantor for someone means agreeing to bear the responsibility of paying off the original borrower’s loan obligations if they default on their loan or are unable to pay. This essentially means that the legal obligation