Day: August 6, 2024

Finance

The Role of a Guarantor in Personal Loans

August 6, 2024
borrower’s outstanding amount
Co-Signer for the Lender
outstanding amount
Personal Loan

Every financial institution or bank asks for a guarantor while borrowing a personal loan. A personal loan guarantor is the individual who is solely responsible for paying the debts of the borrower in case he/she is unable to make payments as debts with interest rates. This person is like a financial backup on behalf of […]