When the loan of rural credit cooperatives expires, the guarantor needs to sign for confirmation. Because the contract has changed, the original loan contract will be replaced by the new loan contract, otherwise the guarantor will not assume the guarantee responsibility for the loan!

The four conditions for rural credit cooperatives to refinance are that the borrower's repayment ability is not weakened, the guarantor's guarantee ability is not weakened, the collateral is sufficient, and the loan risk is controllable.