1988 belongs to the Year of the Loong, and 2022 is the Year of the Tiger. Can I give a friend a loan as a guarantee?
Of course. Guarantee is a measure taken to ensure the realization of a debt, which is the main legal relationship and the guarantee is the subordinate legal relationship. Guarantee, including life insurance, property insurance and money guarantee. There is no maximum age limit for the guarantor. As long as they are at least 18 years old and have full capacity for civil conduct, all natural persons can act as guarantors and bear the guarantee responsibilities in accordance with the relevant provisions of the guarantee contract. So 1988 belongs to the Year of the Tiger in 2022, and it is ok to give a friend a loan as a guarantee.