Being a guarantor for others will not affect your credit card limit.

But there may be other impacts, especially after the new credit reporting system is launched, vouching for others will affect your own credit reporting record.

Except if you had already signed a deduction agreement with the bank when you were providing guarantee to others. Your credit card will not be charged. If your friend cannot repay the money, you will have to pay it back. Being a guarantee can also affect your credit record.

There are also many disputes arising from guarantees. There are many cases where the debtor disappears and the guarantor takes responsibility. There have been cases in other places where debtors ran away and guarantors' deposits and salary accounts were frozen and deducted. In real life, people often act as guarantors for others because of their feelings. If the debtor fails to pay the debt when it is due, the guarantor will have to bear the repayment obligation. Therefore, you must think twice before vouching for others.