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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. Loan guarantee - Wikipedia

    en.wikipedia.org/wiki/Loan_guarantee

    A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt.

  5. Unsecured guarantor loan - Wikipedia

    en.wikipedia.org/wiki/Unsecured_guarantor_loan

    In personal finance, a guarantor loan is a type of unsecured loan that requires a guarantor to co-sign the credit agreement. A guarantor is a person who agrees to repay the borrower’s debt should the borrower default on agreed repayments.

  6. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    The guarantor might extend the guarantee to all or a portion of the loan. The guarantee protects the lender, not the borrower. ... Specifically, a guaranteed mortgage loan means:

  7. 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. Do business loans require a personal ...

  8. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

  9. What is an unsecured business loan and how does it work? - AOL

    www.aol.com/finance/unsecured-business-loan-does...

    This is a promise to pay the loan back out of personal funds if the company defaults on the loan. Other types of unsecured business loans have more relaxed eligibility requirements and limited ...

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