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

[Niyi Briggs]

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]

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.

 

[Fidelia]

The kind of brother that I have, I don't think I would be able to be a guarantor for any loan for him because he is very extravagant.

 

[Shavkat]

Yes, it is fine with me. I did this not for my younger brother, but for my younger sister before.

 

[Sawe]

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]

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.

 

[nomad]

I do not have a problem being a guarantor for my own brother. I have done this once.

 

[eldavis]

If my brother is the trustworthy kind of person, then this should not be an issue for me.

 

[freelancermaria]

I can't agree to be his guarantor. He is not responsible with his finances, so I can't take that risk.

 

[Stardom22]

For me l am very willing to be the guarantor for anyone because they would too guarantee my loans

 

[Shavkat]

I do not have a problem being a guarantor for my own brother. I have done this once.

I have not tried with my siblings. But I will do it because I know that they can pay it. For now, it will be a reserved idea for them to ask this favor.

 

[King Belieal]

I wouldn't guarantee my brother. Not as of he can't pay back but he drags his foot when it comes to repayment of debts.

 

[Hate2Wait]

Yes, why not, we all know if our brother is trusted or not and if they are then there is no harm in helping them getting a loan

 

[fcbetting]

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.

 

[King Belieal]

It would really take so much for me to guarantee anyone for a loan. What if uncertainties happen and you are stuck with having to repay a loan because you are the guarantor.

 

[You]

Absolutely. I'd be happy to be a guarantor for my brother's loan. I trust him and know he's responsible with his finances.

 

[Sanjeev]

I will. Who else will take his guarantee if I won't take. I know it will be risky but I will do that.

 

[cherry123]

Not my brother maybe my sister. My brother is not fantastic with money so it would be a no for him lol

 

[Niyi Briggs]

Not my brother maybe my sister. My brother is not fantastic with money so it would be a no for him lol

It is always good that we know the personalities of people before sticking out our necks for them in financial matters.

 

[Stardom22]

For me l don't have problems with being guarantors for my brother while taking loans provided that they repay back the loans.