The guarantor’s signature is required to confirm the loan re-lending when the rural credit cooperative loan expires. Because the contract has been changed, the original loan contract will be replaced by the new loan contract. Otherwise, the guarantor will not guarantee the re-lending. responsibility!
The four conditions for rural credit cooperative loans to be refinanced, that is, to borrow new and repay old ones, are that the borrower's repayment ability is not weakened, the guarantor's guarantee ability is not weakened, the collateral is of sufficient value, and the loan risk is controllable.