1, it is ok for my parents to borrow money to buy a car in my name. As long as parents meet the conditions of car loan. But in that case. The vehicle needs to be settled in the name of parents, and the owner and lender should be consistent. According to the law, the current interest of private lending cannot exceed 15.4%, which is online judicial protection. As long as the interest rate is below 15.4%. If the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, except that the interest rate agreed by both parties exceeds 4 times the market quotation of one-year loan at the time of the establishment of the contract.

2. Legal basis: Article 19 of the Civil Law of People's Republic of China (PRC) * * * Minors over the age of eight are persons with limited capacity for civil conduct, and they are represented by their legal representatives or recognized and ratified by their legal representatives; However, civil legal acts that are purely beneficial or suitable for their age and intelligence can be implemented independently.

Second, registered in the name of parents?

1. Before marriage, one parent paid a down payment for the child to buy a house, and the wedding room was registered in the name of the parents.

2. If this scheme is adopted, the house will be recognized as the property of parents, the loan will also be recognized as the debt of parents, and the corresponding appreciation or depreciation will also be enjoyed or borne by parents.

3. However, if the husband and wife repay the loan with their own income after marriage, and the two parties divorce, one party cannot claim the ownership of the house, but can claim the right to pay the principal and interest of the loan to the parents on the grounds of borrowing, and ask them to return it and divide it equally.