Many people ask about the reliability of Visa Guarantee Co., Ltd., in fact, this question is difficult to answer, because no matter what kind of guarantee company, there will be some disputes more or less, and these disputes belong to the guarantee company, no matter which side, so it is difficult to define whether Visa Guarantee Company is reliable.
If you want to find a reliable guarantee company, it is actually very simple. We need to know all the background of this guarantee company, whether there are too many disputes, what is the economic situation of this guarantee company, who is the legal person, whether the company was established through formal channels and so on. We all need to know clearly, and we must choose the guarantee carefully.
We need to know what guarantee means. Guarantee refers to the system in which the law urges the debtor to perform the debt with the credit or specific property of the debtor or the third party to ensure the realization of the creditor's right. Guarantee in the guarantee law, also known as creditor's right guarantee, debt guarantee and debt guarantee, is an all-encompassing concept with rich connotation and extensive extension, and it is a commitment and constraint to the guarantor and his behavior. Guarantee generally includes oral guarantee and written guarantee.
Legal liability of loan guarantor. If there are more than two guarantors for the same debt, the guarantors shall bear the guarantee liability according to the guarantee share agreed in the guarantee contract. If there is no guarantee share, the guarantor shall be jointly and severally liable, and the creditor may require any guarantor to bear all the guarantee responsibilities, and the guarantor has the obligation to ensure the realization of all the creditor's rights. The surety who undertakes the suretyship liability has the right to recover from the debtor, or ask other sureties who undertake joint liability to pay off their share.