Is there a credit card (debit card) that can guarantee others?

having a credit card (debit card) can help others with loans, but it depends on the status of the credit card (debit card) and the amount owed. If the credit card (debit card) is in good condition, there is no overdue record, and the credit line is not very high, and the outstanding debts are relatively small, and there is a fixed job and a stable source of income, it is not much problem to meet the other conditions of the guarantor.

otherwise, the credit card (debit card) is seriously overdue, and there are many outstanding debts, which will lead to an increase in personal debt ratio, and the guarantee for others will be rejected.

can I be a guarantor if my credit card is not paid off? These conditions must be met

There are many people who need to go to the bank for loans urgently, but their qualifications are not up to standard, so they can only find someone to guarantee the loan. The loan also has requirements for the guarantor. Some people will ask if the credit card can be a guarantor if it is not paid off. Let's take a look.

First, let's look at the conditions that the loan guarantor must meet:

1. Age requirements: at least 18 to 65 years old, depending on the restrictions imposed on the guarantor by the lending institution, but it is certain that it is not easy to be too young or too old.

2. Credit request: At present, there should be no overdue records, and it is best to have a good credit, otherwise it will not work if the credit is not up to standard, and the credit institutions are not at ease.

3. Income requirements: To have a stable job, income is the guarantee of repayment ability, and income proof and bank running water are usually required.

4. Willingness to repay: Many loan guarantors are jointly and severally liable, and must have the subjective willingness to repay the borrower at any time after he has financial problems.

can I be a guarantor if my credit card is not paid off?

As a guarantor, there is no requirement that you cannot have debts, so you can be a guarantor if your credit card is not paid off.

However, the credit card debt should not be too high, and the personal debt should not exceed 5% of the income. If the debt is too high, it will be risky for the guarantor to repay himself. Where can there be money to repay when the borrower fails to pay the money, it will not be worthwhile not only to swindle the borrower, but also to put himself in. Even if you want, the lending institution is not willing to take risks.

The above is the introduction of "Can I be a guarantor if my credit card is not paid off?" I hope it will help you. In short, credit cards can be used as guarantors if they have outstanding debts, but the liabilities should not be too high, and they must meet the requirements of the above-mentioned guarantors.

there are several ways to apply for credit card guarantee.

the way to apply for credit card guarantee is the way with joint liability guarantee. The ways of guarantee are divided into general guarantee and joint liability guarantee. The guarantor of a general guarantee may refuse to undertake the guarantee liability to the creditor before 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.