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Hi Fishes,
What is the fixed pay in this

I guess I also need another source 😐

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Your cibil should not get impacted, i am not aware of such thing, no one can hold you accountable for any default by someone else
It is impacted. I can see in Cibil report. Also bank's authorities told me the same while applying for the loan.
Are u guarantor cos u have ownership in property mortgaged or are you partner or have any interest in business?
No ownership. He has Taken a loan against his dad's property for the business. He needed 2 guarantor (Salaried) that time