Asked to be a friend’s loan guarantor? Know these financial risks before you agree to help, and when to avoid saying yes(Soban News)

A loan guarantor may be responsible for a borrower’s debt, interest and penalties after default. Before signing, one should consider certain risks and know when to decline the arrangement.

​A loan guarantor may be responsible for a borrower’s debt, interest and penalties after default. Before signing, one should consider certain risks and know when to decline the arrangement. by Soban News (international And National News)