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Correct. If the car lease is worth $48,000.00 of lease payout, the guarantor should have $48,000 of your money deposited in a trust account, in case you walk away.
Edmontonian18 发表于 2015-8-19 00:27! B' ^$ g6 }3 C# Y5 @- _8 V; [& y
Correct. If the car lease is worth $48,000.00 of lease payout, the guarantor should have $48,000 ...
f' I0 \4 K/ U( ~' qif buyer has $48000 cash to buy, why he/she needs 担保?
# ~, i" O# w6 x ; J: S8 o" p C" O查了一下, If you're a guarantor, you're simply a spectator; a guarantor agrees to take over the debt if the other person does not pay. However, a guarantor won't be called to action until the lender has exhausted all other means of collection from the original borrower.