"I want to buy XXX, but I need a "guarantor" in order to get my loan approved. Could you please help me to be my "guarantor"? I really need to have XXX in my life. Please help me."
What your answer will be? To help or not to help?
Are you familiar with the above question and demand from you by somebody close to you in your life?
Example 1*
A: Hello, I want to buy XXX. Am I qualified to get the loan?
B: Based on your information and details proven by your documents submitted, you should be qualified to get the loan. However, the approval is depend on the checking and evaluation of the computer system first. Please wait for the loan approval after the checking and evaluation.
After a few days,
A: Has my loan been approved?
B: Sorry. Your loan has been rejected.
A: Why? I have the required amount of income, and I didn't owe anybody any money!
B: It's true that you have fulfill the basic requirement for the income category. However, after the checking by computer system, it was found out that you are a guarantor to your family member. And, your family member had not repay his loan for more than 3 months. In another word, you are not qualified to apply any loan for the mean time.
A: It's not my fault. I was just trying to help my family member to get the loan. Alright, forget about that. Now, please tell me, how can I get my loan approved.
B: There are 2 ways. The first way is, ask your family member to pay back the loan. The second way is, you pay back your family member's loan. After the loan is fully paid back, then, your loan application will be considered (not straight away approved).
A: What? He owed more than ten thousands! He already can't pay anymore! And I don't have that much of money!
At this moment, A looked very sad, dissapointed and helpless...*
*The example 1 above does not refer to anybody in real life.
What would you do if you were A in the first place?
Would you be a guarantor to anybody?
Could you bear, handle, or overcome the possible outcomes of being a guarantor?
Please CONSIDER these questions SERIOUSLY, as I've seen many of these outcomes of being a guarantor!
