According to the contract law, handing over the loan to a third party is regarded as the borrower's loan obligation. If it cannot be repaid, the borrower needs to repay, and the third party will not bear joint liability.

This is called entrusted payment in operating loans. Entrusted payment is a payment method of loan funds, which means that the lender (a legally established banking financial institution) pays the loan funds to the borrower's transaction object according to the borrower's withdrawal application and payment entrustment.