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Guarantee try a promise into the lender to find the finance owed according to the mortgage agreement

If the borrower doesn’t satisfy their/her personal debt or doesn’t satisfy them to a full extent, this new corresponding financial obligation is to be paid back at the cost of the new collateral. Guarantee shall be represented by domestic and low-home-based a residential property, motor vehicles, gold and silver, ties, an such like. But not, …

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