But let's discuss it according to the situation. For example, loan guarantees are divided into ordinary guarantees and joint liability guarantees. If it is a joint and several liability guarantee, you need to bear the repayment responsibility.
And the bank will consider your income and repayment ability to decide whether to apply for relevant loans for you.
When the bank gives us a loan, we mainly consider three factors: 1. Personal debt ratio 2. Personal credit problem 3. Personal income flow.
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out by means of loans, which can meet the needs of social expansion and reproduction for supplementary funds.