A difference between a surety and a guarantor is that the guarantors:

A) must be paid for their services.
B) should enter into a deed of trust with the creditors.
C) should keep a collateral with the creditors.
D) become liable only if the principal debtor first defaults.

Surety

A person or entity that takes responsibility for the performance of another's obligations, such as fulfilling the terms of a contract or repaying a loan.

Guarantor

An individual or entity that agrees to be responsible for another's debt or obligations if the original party fails to meet their commitments.