Can you be a guarantor to your brother to secure a loan?

Niyi Briggs

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Nov 27, 2022
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The role of being a guarantor has it that if the person you stand in for fails to pay the loan, you would pay it for him or her. Can you be a guarantor for your brother to take a loan?
 

Springtime

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Dec 22, 2022
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I love my brother but I would hesitate to be the guarantor if my brother takes a loan because I am afraid there are situations beyond our control. If he really cannot repay the loan, I do not think I am capable to repay it for him.
 

Sawe

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May 14, 2024
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I can only be a guarantor if I know that they are capable of paying it back. That is why wouldn't do it for my younger brother who is still in school.
 

Shavkat

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Sep 7, 2022
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I can only be a guarantor if I know that they are capable of paying it back. That is why wouldn't do it for my younger brother who is still in school.
I can understand you. If my siblings cannot have the ability to do this, then it is better not to indulge in.
 

fcbetting

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Jun 16, 2022
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Maybe I will be guarantor to my brother in future but probably he will refuse it. Maybe I will ask from him part of owner ship and later just transfer rest on him. Also it would be not long loan.
 
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