Legal analysis: Campus loan is illegal in theory. Illegal "campus loans" are suspected of fraud and extortion. Unscrupulous lenders usually trick students into signing false loan slips or loan contracts, which will greatly exaggerate the loan amount and forge the "flow direction" of capital banks. This kind of behavior conforms to the constitutive requirements of fraud and is punished as fraud.

Legal basis: Article 266 of the Criminal Law defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.