Legal subjectivity:

The harm of fake loans is reflected in: personal credit. With the establishment of the personal credit information system, personal credit records will be networked with financial institutions across the country, and individuals can check their credit records and status nationwide. Therefore, when an impostor fails to repay a loan overdue, the person being impersonated will have a bad credit record. The law is objective:

Article 193 of the "Criminal Law": Under any of the following circumstances, anyone who defrauds a bank or other financial institution of a loan for the purpose of illegal possession, and the amount is relatively large, shall be punished with a prison sentence of not more than five years Fixed-term imprisonment or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, the sentence is not less than five years but not more than 10 years of fixed-term imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; If the amount is particularly huge or there are other particularly serious circumstances, the person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) Making up false reasons for introducing funds, projects, etc.; (2) Using false economic contracts; (3) Using false certification documents; (4) Using false property rights certificates as guarantees or repeating guarantees exceeding the value of the collateral; (5) Using other methods to defraud loans.