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  2. Personal guarantee - Wikipedia

    en.wikipedia.org/wiki/Personal_guarantee

    A personal guarantee is a promise made by a person or an organization (the guarantor) to accept responsibility for some other party's debt (the debtor) if the debtor fails to pay it. In the case of a personal guarantee made by an individual on behalf of another, the person who makes the personal guarantee is usually referred to as a co-signer ...

  3. Do Personal Guarantees Affect Credit Scores? - AOL

    www.aol.com/finance/personal-guarantees-affect...

    A personal guarantee means you personally promise that a debt will be paid back. If you sign a personal guarantee on a business loan, you are responsible for paying back the money if the business ...

  4. Guarantee - Wikipedia

    en.wikipedia.org/wiki/Guarantee

    A personal guarantee, by contrast, is often used to refer to a promise made by an individual which is supported by, or assured through, the word of the individual. In the same way, a guarantee produces a legal effect wherein one party affirms the promise of another (usually to pay) by promising to themselves pay if default occurs.

  5. Alternatives to unsecured business loans - AOL

    www.aol.com/finance/alternatives-unsecured...

    A personal guarantee is a legal promise that you will make good on the loan if you default on payments, even if it means having your personal assets seized.

  6. Loan guarantee - Wikipedia

    en.wikipedia.org/wiki/Loan_guarantee

    A loan guarantee, in finance, is a promise by one party (the guarantor) ... An unsecured personal loan that is popular with borrowers who have a poor credit rating.

  7. Business loan personal guarantee: Read this before signing - AOL

    www.aol.com/finance/business-loan-personal...

    Personal guarantees require a person to take responsibility if a business defaults.

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