Selling used cars by loan is a civil legal act between equal subjects and does not constitute a crime or fraud. However, it is illegal and criminal if there are acts of forced acquisition and forced price reduction in the process of acquisition.

The following acts are all crimes of fraud:

1, the perpetrator committed fraud for the purpose of illegal possession;

2. Fraud makes the other party fall into a wrong understanding;

3. Dispose of property after the victim falls into a wrong understanding;

4. After the victim disposed of the property by fraudulent means, the actor obtained the property, thus damaging the victim's property.

The online forms of fraud methods are as follows:

1, brush the bill. The victims of this kind of fraud are mainly college students, company employees and housewives. Criminals first set up various part-time groups to release information, steps and wages to defraud victims of money. In order to gain the trust of the victims, the first few orders will be fully refunded with commission. 99.99% of online brushing is fraud, and brushing is illegal;

2, online shopping, fraud under the guise of low-cost promotion. Induce the victim to click on the refund fake link. Pretending to be online shopping customer service, adding members by mistake, and defrauding bank card numbers, passwords and other information in the name of canceling the refund of members. Induce victims to log on to phishing websites to defraud information.

Legal basis:

Article 226 of the Criminal Law of People's Republic of China (PRC)

Crime of forced trading commits one of the following acts by violence or threat. If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or only be fined; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined:

(1) buying or selling goods by force;

(2) Forcing others to provide or accept services;

(three) forcing others to participate in or withdraw from the tender and auction;

(4) Forcing others to transfer or purchase stocks, bonds or other assets of companies or enterprises;

(5) Forcing others to participate in or withdraw from specific business activities.