Carefully read the contract of guarantee - the loan amount, interest rate, terms of loan repayments, as well as penalties for late payment of credit. After that, a guarantee agreement must be signed on each page and a copy of the contract to take with you and keep up the implementation of the borrower of its obligations.
Know that it is your right - to refine and modify the terms of the contract (think of the joint and vicarious liability), to ask questions if you have any terms and conditions are questionable.
You need to systematically monitor the payment of the loan and interest a friend of the borrower before the final repayment of the loan.
Be aware that late payment may be assessed substantial fines and penalties, and if the amount is insufficient to repay the debt, the court may impose a penalty on the property as surety .
