When the loan is fraudulently signed, the contract is invalid and not legally binding. According to the law, a civil juristic act that meets the following conditions is valid:

1, the actor has corresponding capacity for civil conduct;

2. The meaning is true;

3, do not violate the mandatory provisions of laws and administrative regulations, do not violate public order and good customs.

What information does a personal loan need to provide?

1, identification information. First of all, to apply for a credit card, I need to bring my ID card to the local bank counter, fill out the relevant application and apply for a credit card; If it is from other countries, it is necessary to provide a copy of the mainland pass and a residence permit for more than one year;

2. Proof of work and income. The position provided by the specific company and the income certificate stamped with the seal of the company's financial department;

3. Materials that can prove good economic strength. For example, a copy of the real estate license, a small bank deposit, a copy of the car driving license, etc.

Legal basis: Article 148 of the Civil Code of People's Republic of China (PRC).

If a party commits a civil legal act that goes against its true meaning by fraudulent means, the injured party has the right to request the people's court or an arbitration institution to cancel it.

Article 149

If a third party commits fraud, causing one party to commit a civil legal act against its true meaning, and the other party knows or should know about the fraud, the defrauded party has the right to request the people's court or an arbitration institution to cancel it.