What is the difference between a financing guarantee company and a financial service company?

The main differences between the two are as follows.

The business scope of 1 is different: the business scope of financing guarantee companies is loan guarantee; A financial service company refers to a company that conducts business activities and provides customers with financial services including financing, investment, savings, credit, settlement, securities trading, commercial insurance, financial information consultation, etc.

2 Different types of industries: Financial service companies are service companies that provide customers with some solutions to choose from.

3 Different legal liabilities: financing guarantee refers to the act that the guarantor agrees with creditors such as banking financial institutions that the guarantor shall bear the guarantee liabilities agreed in the contract according to law when the guaranteed fails to perform the financing debts owed to the creditors; Financial service refers to the activities that financial institutions use currency transactions to finance valuable commodities and provide benefits and satisfaction for financial participants and customers.