sir will my cibil score affected if a person fail to repay the debt where i signed sureity for him kathirvel
KATHIRVEL N 21 October 2024
sir will my cibil score affected if a person fail to repay the debt where i signed sureity for him kathirvel
T. Kalaiselvan, Advocate (Advocate) 21 October 2024
If you are only a guarantor then there will be no effect on your CIBIL rating provided you also don't default in repayment in the event the borrower fails to repay the loan amount.
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