What is the way to avoid being a loan guarantor?
How can I avoid becoming a victim of fraud or cheating?
1 Answer
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Advocate By LEAD INDIA
Answered: 17 Apr 2025
If someone made you a guarantor without consent, immediately dispute it with the bank and file a police complaint for forgery. A guarantor is legally liable if the borrower defaults, so avoid signing without understanding the risks. Always check documents carefully before agreeing to be a guarantor. For further legal assistance contact us on our helpline number.
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