How to change a loan product's guarantor setting to Self only

Loans Updated 19 Aug 2026 Version 1

Summary

Stop other members guaranteeing loans on a product, so borrowers back their loans with their own savings only. About 3 minutes · 7 steps. Also called: surety, security, co-signer, guarantor rules.

Prefer to listen? This topic is also a short podcast episode, Switching a loan product's guarantors to Self only, in the Podcasts section.

Prerequisites

  • A CAMS sign-in with Settings and product rights.
  • The name of the loan product you are changing.
  • The change agreed with your credit committee.

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. It shows Guarantors and Minimum Number Of Guarantors.
  1. Change Guarantors from Self, Member to Self.
  2. Click Save, then open the product again and check that Guarantors now reads Self.
    The Guarantors and Collateral section on Loan Product Details, with Guarantors reading Self
    Figure 3: The Guarantors and Collateral section on Loan Product Details, with Guarantors reading Self

Warning: The change applies to loans created after you save. Loans that already have member guarantors keep them. Agree the change with credit operations before you save.

Common pitfalls & FAQ

  • There is no Edit button. Your role may be view-only on products. Ask an administrator for product rights.
  • What happens to running loans with member guarantors? Nothing. They keep the guarantors recorded on them; only new loans follow the new setting.
  • What does Self mean? The borrower's own accounts stand behind the loan. No other member can be added as a guarantor on new loans from this product.
  • I want the opposite. See "How to allow member guarantors on a loan product and set how many".