The difference between a lender and a borrower:

1. Lenders refer to individuals or financial institutions that use credit funds or their own funds to issue loans to borrowers, generally referring to commercial banks and central banks.

2. A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities.

According to the relevant laws and regulations of China, the lender mentioned in these General Rules refers to a Chinese-funded financial institution legally established in China to engage in loan business. The borrower mentioned in these General Rules refers to legal persons, other economic organizations, individual industrial and commercial households and natural persons who have obtained loans from Chinese-funded financial institutions engaged in loan business. The term "loan" as mentioned in these General Rules refers to the monetary funds provided by the lender to the borrower to repay the principal and interest at the agreed interest rate and time limit. The loan currencies in these General Rules include RMB and foreign currency.

legal ground

"General Principles of Loans" Article 3 The issuance and use of loans shall comply with national laws, administrative regulations and management regulations issued by the People's Bank of China, and follow the principles of efficiency, safety and liquidity.

What is a lender and what is the difference from a borrower?

Lender refers to the person who issues loans to the party in need of funds, generally referring to commercial banks and central banks.

The main difference between the borrower and the borrower is that the borrower borrows funds and the lender borrows funds, which is the lender. The two are mutually beneficial.

According to the general principles of loans

Article 19 The borrower shall provide the lender with relevant information required by the lender in a timely manner according to law, and shall not conceal or provide false information.

Article 20 The borrower shall accept the lender's supervision over its financial status and loan use according to law.

Extended data:

According to the general principles of loans

Article 17 A natural person borrower shall meet the following basic conditions:

(1) Having a legal identity document or a valid residence certificate in China;

(2) Having full capacity for civil conduct;

(three) good credit, stable income or assets, and the ability to repay the principal and interest on schedule.

(4) Unless otherwise provided by the administrative organ.

Article 23 The borrower shall not use the loan for the following purposes:

(a) production, operation or investment in products or projects prohibited by the state;

(two) in violation of the relevant provisions of the state to engage in equity investment, in violation of the provisions of the state to use loans as registered capital, capital verification or capital increase and share expansion;

(3) Investing in stocks, futures and financial derivatives in violation of relevant state regulations;

(4) Budget revenue and expenditure;

(5) Other prohibited uses as stipulated by the state.