Legal analysis
According to the relevant laws and regulations, those who have not obtained any corresponding qualifications to help others with loans are accomplices suspected of fraud. That is to say, there is no explicit legal prohibition. After all, private lending also exists. However, as far as the use of funds is concerned, if the organization knows this situation, it is likely to trigger a risk mechanism, because the risk of such behavior is very high. If the type of loan for others belongs to usury, it is definitely illegal, so you must be cautious when lending money for others. Even the closest relatives don't encourage them to borrow usury. If you have difficulties, you can borrow money from formal channels, which can help you choose, but it also depends on whether the helper has the repayment ability, otherwise you need to repay it yourself when it expires. In this case, it's not good. You need to handle it carefully and help others with loans, not just sign it casually. When helping others, we must do it without breaking the law.
legal ground
Article 197 of the Criminal Law of People's Republic of China (PRC) uses forged or altered treasury bills or other securities issued by the state for fraudulent activities. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; 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 not less than 50,000 yuan but not more than 500,000 yuan or confiscated property.