If you’ve ever agreed to be a guarantor for someone’s loan, you might have unknowingly taken on a massive financial responsibility. While the intention may have been to help a friend or relative, the ...

The scenario is fairly common. A bank makes a loan to a business. The owners of the business guarantee the loan. The business defaults. The owners blame each other for the failure of the business.

For loans and mortgages, they are a means of aiding anyone in making money because they fail to get borrowers ‘ approval —someone with a bad credit history. The creditor and guarantor have risks ...

Education today in India has become more expensive, especially for those who enrol in prestigious universities or take higher education abroad. Education loans sometimes act as a financial lifeline ...