Each of us can they become. For example, if you ask for some sort of a relative to come with you to the bank and put a few labels with the premise of help – you give up? Probably not. And you know what commitments in case of no payment on the loan can go to the borrower for you? When you make a loan guarantor not just put their initials as a signature in the documents, and to become a full participant in the transaction between the bank and the borrower. In case of no payment by the borrower on the loan amount the bank in its right to recover the money from you. Sometimes two types of sponsorship. In the case when not paid by the borrower, the guarantor pays the full cost of the loan with interest and premiums penalties.
The second case is when the guarantor will be required to pay a certain amount of credit. Banks see an active fight against defaulters and to see a black list of defaulters, getting in the future that you will hardly be able to get a loan at all. Better not spoil your credit history and no stavat on the side of the guarantors in general. For all we are given a god's head – so that in making, any decision sevenfold think.