The Hidden Risks of Becoming a Loan Guarantor

Ashok Kakkar , Last updated: 08 April 2026 Share Follow on Google News

Introduction: A Risk Often Underestimated In the course of banking and financial dealings, one often encounters individuals who readily agree to act as guarantors for loans extended to friends, relatives, or business associates. Such decisions are frequently driven by trust, goodwill, or social obl

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About the Author

Ashok Kakkar

Advocate Insovencyprofessional

Ashok Kakkar (Professional Summary) Experienced banking and legal professional with over four decades of expertise in credit administration, loan documentation, recovery, and insolvency resolution. Retired from Punjab National Bank, he is a qualified M.Com, LL.B, LL.M, and CAIIB, and is currently practicing as an Advo ... Read more

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The Hidden Risks of Becoming a Loan Guarantor

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