What should I do if my friend buys a car and I am the guarantor, and the financial company asks me t

Hello friend, buy a car and find you as a guarantor financial company, let you repay the money, then you plant yourself, you become a guarantor, you have this kind of mental preparation, if your friend does not repay the money, it will definitely look for you, so you have to find your friend to repay the money.

If your friend became a guarantor and your friend can't repay the money normally, you need to be held legally responsible. I suggest you negotiate with a friend and let him find a way to pay it back.

When a friend buys a car, you are the guarantor, and the financial company asks you to repay the money, you have no choice, you have to repay the money, what is the guarantor is the person who has to be responsible for everything.

When a friend buys a car, you act as a guarantor, and the financial company asks you to repay the money, in this case, you can only negotiate with your friend and ask him to pay back the money quickly, otherwise you are jointly and severally liable.

A friend buys a car, he is the guarantor, and the financial company asks him to repay the loan, which is understandable in this case.

You can recover from your friend, otherwise you do have an obligation to compensate as a guarantor.

Then you can only repay the money, you are the guarantor for your friend to buy a car, and if your friend does not repay the money, you can only repay the guarantor, and you will be responsible.

Being a guarantor is risky, of course, if the financial company asks you to repay the money, it generally requires the court to sue and pronounce a judgment before it can take effect.

If your friend doesn't pay it back, contact you to repay it, you still contact your friend to ask him to pay it back, if the loan is not on the credit report, it's okay, the credit report is overdue, and your credit report is ruined.

Since you have been the guarantor for your friend, you should pay him back if your friend is not short of money. That's where the guarantor comes in.

Even if you are the guarantor, you should pay off the debts of the financial institution on behalf of the parties before the parties repay the money.

The most effective way is to find your friend and ask him to pay it back.

You go to a friend who asks you to vouch for you and ask him to pay it back. Otherwise, you may have to go through the legal process.

Don't do anything like that, because don't buy a car without money.

What should I do if my friend buys a car and I am the guarantor, and the financial company asks me to repay the money? When the guarantor is like this, there is a certain risk to find you, and you have no choice but to go to your friends.

It is legitimate for people to ask you for money, but in fact, the guarantor of the guarantor is someone else, and if you can't pay back the money, you have to ask for it.

If this is the case, the financial company will ask you to repay the money, because you are the guarantor, then you should hurry up and find your friend to repay the money.

You have acted as a guarantor for your friend, that is, if he has no way to repay the debt, you need to bear his debt.

But you can't help it, what kind of person are you? If you can't afford it, you have to pay it back.

If you are a guarantor, you are responsible for paying back your friend's money.

If a friend buys a car and you become a guarantor, and the financial company asks you to repay the money, then you should think of this consequence when you guarantee for others, and no one else is to blame.

Legal analysis: to bear joint and several liability, the buyer does not repay the loan and needs the guarantor to repay.

Legal basis: Civil Code of the People's Republic of China Article 687 If the parties agree in the guarantee contract that when the debtor fails to perform the debt, the guarantor shall bear the liability of the guarantee certificate, it is a general guarantee.

The guarantor of a general guarantee has the right to refuse to bear the guarantee liability to the creditor before the main contract dispute has not been tried or arbitrated, and the debtor's property is still unable to perform the debt in accordance with the law, except in any of the following circumstances:

1) The debtor's whereabouts are unknown and there is no property available for enforcement;

2) the people's court has accepted the debtor's bankruptcy case;

3) The creditor has evidence to prove that the debtor's property is insufficient to perform all debts or that it has lost the ability to perform debts;

The guarantor waives its rights under this paragraph in writing.

Summary. You can take out a loan with someone else's ID card, but the ID card owner needs to be aware and present to confirm it. ID card is very important, do not easily lend to others for loans, firstly, you will become the debtor of the loan, and secondly, if the loan is not repaid, your personal credit may be affected.

ID card is very important, do not lend to others for loans. In daily life, it should also be kept properly, once lost, it will cause a great risk.

Therefore, if you want to apply for a loan, but your ID card is lost, the borrower can consider applying for a loan by other methods, or you can use a temporary ID card to apply for a loan, and the borrower needs to consult in detail in advance to understand the specific situation.

If someone uses my ID card and driver's license to ask me to take out a loan to buy a car for him, he will take the car before the loan is repaid.

Hello, I am a partner lawyer of the platform and have received your question.

You can take out a loan with someone else's ID card, but the ID card owner needs to be informed, cautious and present to confirm. ID card is very important, do not easily lend to others for loans, one will be Kuan Meng become a debtor of the loan, and if the loan is not repaid, it will also affect one's personal credit.

ID card is very important, do not lend to others for loans. In daily life, it should also be kept properly, once lost, it will cause a great risk.

Therefore, if you want to apply for a loan, but your ID card is lost, the borrower can consider applying for a loan by other methods, and you can also use a temporary ID card to apply for a loan.

Hello, I want to consult, someone else used my ID card and driving chain to let me give him a guarantor loan to buy a carport, and he sold the car without paying off the loan, at this time the bank pulled me into the blacklist What should I do.

In this case, does the bank loan need to be repaid by a guarantor?

If you can win the lawsuit.

You need to pay it back yourself.

Go to court to defend your interests.

There's a good chance of it.

Even if there is a lawsuit, do you still need a guarantor to repay the bank loan?

If you have a lawsuit, how will you sue, whether you can win it, and what are the odds.

If you have a lawsuit, how will you sue, whether you can win it, and what are the odds.

What happens if the guarantor does not repay this bank loan.

If the guarantor does not repay the loan, he will generally not go to jail. However, the creditor may apply to the arbitration institution for arbitration in accordance with the law, or file a lawsuit with the court to protect its rights. After obtaining a favorable award, if the guarantor does not repay the loan, the creditor can also apply to the court to enforce the guarantor's property.

Guarantor's Responsibilities:

According to China's General Principles of Civil Law, Property Law, Guarantee Law, and Interpretation of Guarantee Law, under different circumstances, the liabilities that the guarantor needs to bear are: civil liability, civil joint and several liability, guarantee (guarantee) liability, and compensation liability.

Article 6 of the Guarantee Law The term "guarantee" as used in this Law refers to the act of agreeing between the guarantor and the creditor that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the responsibility in accordance with the agreement.

Article 18 If the parties agree in the guarantee contract that the guarantor and the debtor shall be jointly and severally liable for the debt, it shall be a joint and several liability guarantee.

If the debtor of the joint and several liability guarantee fails to perform the debt upon the expiration of the debt performance period specified in the main contract, the creditor may require the debtor to perform the debt, and may also require the guarantor to bear the guarantee liability within the scope of the guarantee.

Article 79 of the Interpretation of the Supreme People's Court on Several Issues Concerning the Application of the Security Law of the People's Republic of China stipulates that when a legally registered mortgage right of the same property coexists with the chain right of the pledgee, the mortgagee shall have priority over the pledgee to be compensated. Therefore, the premise that the mortgage has priority over the pledge is that the mortgage is validly created and the mortgage is registered in accordance with the law. An unregistered mortgage shall not have priority over the pledge.

If you have already registered the mortgage, the guarantor company has the right to be repaid first, and the part of the loan that cannot be repaid can be asked to continue to be repaid.