Legal subjectivity:

1. Whether it is necessary depends on the conditions. People with normal credit and no problem do not need a guarantor to apply for a credit card. People with average credit records often ask the handler to provide one or two guarantors when applying for a credit card. If the credit card holder fails to repay the amount in the credit card in time in the future, the guarantor will need to bear responsibility. 2. If the guarantor of a general guarantee and the creditor do not agree on a guarantee period, the guarantee period shall be six months from the expiration of the main debt performance period. During the guarantee period stipulated in the contract and the guarantee period stipulated in the preceding paragraph, if the creditor has not filed a lawsuit against the debtor or applied for arbitration, the guarantor shall be exempted from the guarantee liability; if the creditor has filed a lawsuit or applied for arbitration, the provisions on the interruption of the statute of limitations shall apply during the guarantee period. Legal objectivity:

Article 394 of the Civil Code defines mortgage rights as guaranteeing the performance of debts. If the debtor or a third party does not transfer possession of the property and mortgages the property to the creditor, If the debtor fails to pay its due debts or the situation agreed by the parties to realize the mortgage rights occurs, the creditor has the right to receive priority payment for the property. The debtor or third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property providing guarantee is the mortgaged property.