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Is my brother a possible guarantor?

I cannot apply for a loan anymore because I have done too many inquiries regarding loan and they already black listed my name. I planned on putting my brother's name under it but wouldn't it be illegal because it was still for me? But there is no law about using other's name to loan. There will be no laws violated so I think it was okay?

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    No Name

    Your brother will be a guarantor and it is anyone who will be liable or someone who is willing to pay other's debt. That will be the job of your brother. He will have no choice but to pay your debts if you cannot. In this case, your brother is your guarantor but not legally, comparing it to the jobs a guarantor should have.

    2020.03.24 15:44

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