It depends on what you signed at the time. There are two types of guarantees. The first type is a general guarantee, and the second type is called a joint guarantee.

You are responsible for compensation during the guarantee period.

Guarantees are divided into general guarantees and joint guarantees;

Article 17 If the parties agree in the guarantee contract that when the debtor cannot perform the debt, the guarantor shall bear the guarantee liability, it is a general guarantee .

The guarantor of a general guarantee may refuse to assume guarantee liability to the creditor until the main contract dispute has not been tried or arbitrated and the debtor's property is enforced in accordance with the law and the debtor cannot perform the debt.

Article 18 If the parties agree in the guarantee contract that the guarantor and the debtor shall bear joint and several liability for the debt, it is a joint liability guarantee.

If the debtor under a joint liability guarantee 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 guarantee liability within the scope of its guarantee.

Article 19 If the parties have not agreed on the guarantee method or the agreement is unclear, they shall bear the guarantee liability in accordance with the joint liability guarantee.

Article 25 If the guarantor of a general guarantee and the creditor have not agreed on a guarantee period, the guarantee period shall be six months from the expiration of the principal debt performance period.

Article 26 If the guarantor of a joint liability guarantee and the creditor have not agreed on a guarantee period, the creditor has the right to require the guarantor to assume the guarantee liability within six months from the expiration of the debt performance period.

Currently, you need to open corresponding financial accounts when going to banks or securities companies for financial management. Generally speaking, savings products, bank financial products and fund products can be handled through financial accounts opened by banks. Large banks can also purchase treasury bonds through the banking system. Since bank branches are widely distributed, investment and financial management accounts opened through bank channels can be processed at bank counters. [7]

Financial management accounts opened by securities companies can be used for stocks (including A shares, B shares, H shares, etc.), bonds (including treasury bonds, corporate bonds, corporate bonds, etc.), futures (including financial Futures such as stock index futures, foreign exchange futures, etc., commodity futures such as gold futures, agricultural product futures, etc.) and a series of investment and financial management tools. The opening of a securities account can be done at the business department of each securities company and needs to be done within the trading day.

The procedures for investment companies are relatively convenient. Generally, you only need to provide copies of your ID card and bank card. Investment companies will also customize exclusive financial plans for customers.