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Is illegal loan illegal?
Yes, it is illegal to obtain loans in violation of laws and regulations, and it also belongs to the category of financial crimes. Obtaining loans in violation of laws and regulations refers to obtaining loans by deception, bribery, false guarantee or other illegal means, which mainly includes the following situations:

1. Fraudulent loan: The borrower fraudulently obtains loans through false statements or forged certification materials, such as false financial statements and false balance sheets.

2. Bribery loan: The borrower obtains loans by bribing bank staff or intermediary personnel, including bribery and bribery.

3. False guarantee: the borrower uses false financial statements or other false information as a guarantee to obtain a loan.

4. Fake loan: the act of obtaining a loan by using another person's name or forging other people's identification materials.

These behaviors seriously infringe on the legitimate rights and interests of banks and financial institutions, undermine the fair competition environment in the financial market, and also lead to the instability of the financial system. Therefore, all countries have strictly supervised and cracked down on illegal loans, and regard them as financial crimes, and will impose criminal penalties on the perpetrators, such as imprisonment and fines. At the same time, banks and financial institutions will also investigate and punish illegal acts.