Lenders insist on a guarantor where the primary borrower is applying for a loan amount which is higher than his eligibility with high default risk, has a Cibil score of less than 650, is of advanced ...

Stepping in as a loan guarantor for those unable to avail a loan on their own is a serious financial commitment. Any default or delay in the repayment of the guaranteed loan can have a long-term ...

Acting as a loan guarantor can seem like a helpful gesture, but it can significantly impact your financial profile, credit score, and borrowing capacity. By agreeing to guarantee a loan, you take on ...