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Sede Legale: Via Manzoni, 120A - 80123 Napoli

Sede Operativa: Via Coroglio, 57D c/o Citta della Scienza - 80124 Napoli

P.IVA e C.F. 07156040631 - REA NA 686598

Capitale Sociale Euro 36.000 i.v.

Pec apssrl@legalmail.it

T +39 081 741 12 08

payday cash advance loans

About becoming a guarantor, it’s important to become fully aware of the situation and potential effects. Whenever in doubt, seek legal counsel. Below are a few different ideas:

Bring a created deal

Create a simple composed contract with all the borrower expressing the way you like to speak, how frequently you should get posts, and also in just what situations they ought to email your. This implies you’re going to be ready in case you have to start paying the loan back once again.

Restrict your debts

Guarantee that the promise is limited compared to that specific financing which the debtor cannot use your guarantee for other financing such as for instance mortgage loans or credit card debt. You might also have to offer a “secured guarantee” such as for instance a car or discount. Be certain that not to ever include any items which may be valued at above the borrowed funds, like a house, like.

Keep all paperwork

Whenever agreeing to-be a guarantor, you’ll obtain a duplicate of this contract, the debtor’s payment routine and also the assurance deal.