How to allow member guarantors on a loan product and set how many

Loans Updated 19 Aug 2026 Version 1

Summary

Let members guarantee each other's loans on a product, and set how many guarantors each new loan needs. About 3 minutes · 7 steps. Also called: surety, co-signer, number of guarantors.

Prefer to listen? This topic is also a short podcast episode, Opening a loan product to member guarantors — and setting how many, in the Podcasts section.

Prerequisites

  • A CAMS sign-in with Settings and product rights.
  • The name of the loan product you are changing.
  • How many guarantors your credit committee wants on each loan.

Step-by-step

  1. Sign in to CAMS. If you are not sure how, see How to sign in and navigate CAMS Admin.
  2. In the left menu, click Settings, then Products. The Product Setup page opens on the Loan Product tab.
    The Product Setup page on the Loan Product tab, with Settings expanded and Products highlighted in the left menu
    Figure 1: The Product Setup page on the Loan Product tab, with Settings expanded and Products highlighted in the left menu
  3. Type the product's name into Search and find it in the list.
  4. Click the small menu button at the end of the product's row, then click View. The Loan Product Details page opens.
    The row menu open on a loan product, with View highlighted
    Figure 2: The row menu open on a loan product, with View highlighted
  5. Click Edit and scroll to the Guarantors and Collateral section. Change Guarantors from Self to Self, Member.
    The Guarantors and Collateral section on Loan Product Details, showing the current Guarantors setting and the minimum number
    Figure 3: The Guarantors and Collateral section on Loan Product Details, showing the current Guarantors setting and the minimum number
  1. Set Minimum Number Of Guarantors to the number each loan must have, for example 2.
  1. Click Save, then open the product again and check the section shows your new setting.

Note: The setting takes effect on loans created after you save. Staff then add the actual guarantors on each loan's Guarantors tab — see How to add collateral and guarantors to a loan.

Common pitfalls & FAQ

  • There is no Edit button. Your role may be view-only on products. Ask an administrator for product rights.
  • Is the number a minimum or a maximum? A minimum. A loan can carry more guarantors than the number you set, not fewer.
  • A guarantor could not be added on a loan. Some products block a guarantor's funds. That member's account needs enough money in it for the block to go through.
  • Does this change loans that already run? No. Existing loans keep the guarantors they have.