Skip to main content

Timeline for Who is actually receiving the loan?

Current License: CC BY-SA 4.0

9 events
when toggle format what by license comment
Mar 27 at 15:33 comment added Nosjack What is the loan for? (house, car, etc.)
Mar 27 at 14:03 comment added Grade 'Eh' Bacon @starlene These are absolutely valid questions, but consider the reverse of the situation - what guarantee does the guarantor have, that you will pay back the loan? After all, if you fail to pay it back, the guarantor will be equally responsible to pay it back.
Mar 27 at 13:59 history edited mhoran_psprep CC BY-SA 4.0
added 33 characters in body
Mar 27 at 7:29 comment added Vicky Although it's not something we can answer as it stands, per @littleadv's comment, I wanted to commend you for reading and seeking to understand the small print. Too many people would not bother with that.
Mar 27 at 4:27 review Close votes
Apr 1 at 3:06
Mar 27 at 4:08 comment added littleadv This is not something we can answer. Where are you? What country's laws apply? Who is the lender? Who's the guarantor? What's the situation? It could be a perfectly valid scenario, or could be a complete scam, there's no way for us to know.
Mar 27 at 2:36 comment added keshlam If you don't trust your guarantor, find someone else to take that role. See also answers about cosigned loans, since I think that's what this amounts to.
S Mar 27 at 1:41 review First questions
Mar 27 at 4:46
S Mar 27 at 1:41 history asked Starlene CC BY-SA 4.0