As a guarantor needs to bear certain responsibilities, please be sure to consider clearly whether to guarantee for others. If he doesn't pay, you need to pay back.
1. Maintenance methods of credit information
1. When lenders or credit card holders change important information, they need to update bank information in time. Take the credit card as an example. If the cardholder's billing address and mobile phone number change, go to the bank to modify the address and mobile phone number, and then you can receive the credit card confirmation letter and statement on time, and you can receive the bank reminder message in time to ensure the security of the account.
2. If the credit card holder's funds are insufficient to repay the full bill amount and he doesn't want to affect his credit history, he can contact the bank in time to choose to repay the minimum repayment amount or handle the installment repayment.
3. Some people think that personal bad records can be eliminated by eliminating credit cards. In fact, the credit record is accompanied by the personal identity information of the cardholder, and simply canceling the card cannot eliminate the bad record. At this time, we should continue to maintain the long-term benign use of the card, in order to return the personal credit record to "innocence" through good credit transactions in the future. Of course, the "Regulations on the Administration of Credit Information Industry" stipulates that the retention period of personal bad information is limited to 5 years, and it will be deleted after 5 years, but this is on the premise of paying off the loan. Don't think that it can be eliminated without paying back the money!
2. Guarantor
1. Definition: The third party and the creditor agree that when the debtor fails to perform the debt, the guarantor will perform the debt or assume the responsibility according to the agreement. The third party here is the guarantor, including legal persons, other organizations or citizens who have the ability to pay off the debt on their behalf.
2, the law stipulates
1) Article 388
The relationship between the guarantee contract and the main contract establishes a security interest, and a guarantee contract shall be concluded in accordance with the provisions of this Law and other laws. Guarantee contracts include mortgage contracts, pledge contracts and other contracts with guarantee functions. The guarantee contract is a subsidiary contract of the principal creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, except as otherwise provided by law.
after the guarantee contract is confirmed invalid, if the debtor, guarantor and creditor are at fault, they shall bear corresponding civil liabilities according to their faults.
2) Article 391
Legal Consequences of Transferring the Debt Without the Guarantor's Consent If a third party provides a guarantee and the creditor allows the debtor to transfer all or part of the debt without its written consent, the guarantor will no longer bear the corresponding guarantee liability.
3) Article 49
Mortgagee may give up the mortgage or the ranking of the mortgage. The mortgagee and the mortgagor may agree to change the mortgage order and the amount of secured creditor's rights. However, the alteration of the mortgage right shall not adversely affect other mortgagees without the written consent of other mortgagees.
if the debtor mortgages his own property, and the mortgagee abandons the mortgage, the sequence of the mortgage or changes the mortgage, other guarantors shall be exempted from the guarantee liability to the extent that the mortgagee loses the priority of compensation, except that other guarantors promise to still provide the guarantee.
4) article 435
waiver of pledge the pledgee may waive the pledge. If the debtor pledges his own property and the pledgee waives the pledge, other guarantors shall be exempted from the guarantee liability within the scope of the pledgee's loss of priority rights and interests, except that other guarantors promise to still provide guarantee.