ARTICLE · 09 NOVEMBER 2026
A guarantor is a person or entity that, typically, provides a lender with a contractual promise to be responsible for another party’s debt (a borrower) in accordance with the terms of the guarantee. In most instances, if a borrower defaults on an obligation covered by the guarantee, the lender may seek recovery from the guarantor, subject to the terms of the guarantee and applicable law. Thus, the lender, borrower and guarantor are connected through the lending transaction, each with their own distinct legal obligations.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
