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Can someone else’s missed EMI damage your borrowing prospects? What happens to credit score after becoming a guarantor?

Mint 36 min ago·15 Nov 2026, 8:07 am

Can a borrower's missed EMI affect a loan guarantor's credit score? Understand how loan defaults can impact creditworthiness, future loan eligibility and repayment liability, along with essential precautions to take before signing a loan guarantee agreement.

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  • Category: Stocks.

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Summary & analysis by DocStoX. Full story at Mint.

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Can someone else’s missed EMI damage your borrowing prospects? What happens to credit score after becoming a guarantor?