According to the law, if the lender knows that the borrower is borrowing money for illegal activities, its lending relationship will not be protected. Therefore, if the purpose of the loan is illegal, it can also be deemed invalid. In addition, if the creditor knows that the other party will use the loan for illegal activities, such as gambling, the law will not protect the interests of the creditor. If the creditor knows that the other party is using it for criminal conduct, it may constitute a crime of complicity or other crimes.

Legal Basis

Article 675 of the Civil Code The borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return the loan at any time; the lender may urge the borrower to return the loan within a reasonable period of time.