What should I do if I get caught after looking for a bank loan?
It depends on the specific situation. If it's a mortgage loan, the bank will ask someone for all the principal and interest of your property. If you can't return it, the bank will take back your collateral. If it is a secured loan, your guarantor will pay all the principal and interest of the loan. Legal basis: Article 699 of the Civil Code of People's Republic of China (PRC). If there are more than two guarantors for the same debt, the guarantors shall bear the guarantee liability according to the guarantee share agreed in the guarantee contract; If there is no agreement on the share of guarantee, the creditor may require any guarantor to bear the guarantee responsibility within the scope of its guarantee.