But in reality, due to the downward pressure of the economy, there are too many corresponding cases. In order to avoid a large-scale outbreak of non-performing loans, especially when individual borrowers only have temporary turnover problems, banks generally lend loans to others, or take measures such as borrowing new loans and returning old ones, and try to change space with time. However, the first requirement of lending is that the guarantee cannot be weakened (that is, the original guarantee measures cannot be lost, but the guarantee measures can only be increased and cannot be reduced), and some even require the principal to be compressed to a certain extent (for example, 5%) without increasing any credit.
If the original guarantor is unwilling to continue to guarantee, then your loan relationship with the bank cannot continue. At this time, if you can't find other effective guarantee measures or collateral (and it can't be weaker than the original guarantee measures), then this credit is overdue, and then it is the normal means to collect, recover and sue the subsequent non-performing assets.
General guarantee?
In theory, unless the guarantor signs a general guarantee responsibility, in reality, few guarantors will be unwilling to continue to sign in the loan. At present, bank guarantees are divided into general guarantees and joint liability guarantees. For general guarantee, the bank can only recover from the guarantor if there is still a difference after disposing of all the borrower's assets; If it is a joint and several liability guarantee, the bank can recover from the borrower or guarantor at any time as long as the borrower is overdue, and there is no requirement to give priority to the borrower. Therefore, under normal circumstances, the guarantor who signed the joint and several liability guarantee will not refuse to sign the loan. After all, the borrower's overdue is equivalent to his own overdue.
The problem is that the guarantor is not a fool. Seeing that the lender is unable to repay, he still helps to guarantee or even refinance in his own name, instead of staring at the rat poison. Therefore, it is normal to be unwilling to guarantee again. No matter how good a friend is, he doesn't want to guarantee or have any ideas.
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If you can't find any other guarantee to lend money, then at this time you can only borrow it from relatives and friends and try to return it to the bank as soon as possible. Of course, don't go online or borrow usury to repay. Remember, don't owe the bank, don't owe usury, and don't owe online loans. When you owe the bank, you still have to turn it over. Owning usury or online loans is basically equal to the abyss.