Can I sue the lender if three of the five guaranteed loans are not paid back to me?

For example, if one household doesn't repay the loan, then the other co-sponsors can't either, and only five households will repay it together. This is because the bank requires other co-sponsors to recover the arrears from the non-repayment lenders, that is, share the responsibility.

Expand knowledge:

Loan needs are divided into four categories:

1, personal identification: ID card, residence permit, household registration book, marriage certificate and other materials;

2. Provide proof of stable income source: bank flow sheet, labor contract, etc.

3. Provide stable proof of address: such as house lease contract, water and electricity bill, property management and other relevant certificates;

4. Other information stipulated by the bank.