BobKamman
Level 15

@taxproDE  No repayment schedule required.  That's where people get hung up, thinking "debt" is the same as "promissory note."  It includes much more than that.  And "guarantee" involves a co-signer, that's a separate set of rules if the guarantor has to pay the debt.  Your word is your bond.  You say you will do something, it's your personal guarantee that it will be done.