The guarantee method for applying for a credit card is a joint and several liability guarantee method. The ways of guarantee are divided into general guarantee and joint liability guarantee. ? The guarantor of general suretyship may refuse to undertake suretyship liability to the creditor before the dispute over the main contract has been tried or arbitrated and the debtor's property is enforced according to law.

in the joint and several liability guarantee, if the debtor fails to perform the debt at the expiration of the debt performance period stipulated in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee responsibility within the scope of its guarantee. It should be noted that if the parties fail to clearly stipulate the guarantor's guarantee method in the guarantee contract, the guarantor shall be deemed to bear joint and several guarantee liabilities.

Extended information:

Review

After receiving the application form and relevant materials submitted by the applicant, the issuing bank shall review the applicant's credit standing. The contents of the review mainly include whether the contents of the application form are true or not, evaluating the credit degree of the applicant, and reviewing the relevant information of the guarantor for the individual.

usually, the bank will examine the applicant's various information and economic situation according to the application materials to judge whether to issue a credit card to the applicant. The factors considered are the applicant's past credit history, the applicant's known assets, professional characteristics, etc. The specific factors and process of the issuer's audit are trade secrets, which are generally difficult for the outside world to understand.

the standards of different card-issuing banks are also different. therefore, different banks may issue different credit lines and different types of credit cards for the same materials, and even some banks will pass the examination and some banks will refuse to issue them.

Baidu encyclopedia-credit card