Will the guarantor be affected if I am late? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Will the guarantor be affected if I am late?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Your delay could trigger a claim against the guarantor, depending on the scope of the guarantee.

If the problem arises, inform the guarantor and don't let them be surprised by a bank action.

Review the debt statement together.

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