Legal analysis: the borrower refers to the party who undertakes the debt in the creditor-debtor relationship and needs to perform the debt within a reasonable period of time.

Legal basis: Article 518 of the Civil Code of People's Republic of China (PRC), if there are more than two creditors, and some or all creditors can request the debtor to perform the debt, it is a joint creditor's right; If there are more than two debtors, and the creditor can request some or all debtors to perform all the debts, it is a joint debt. Joint creditor's rights or joint debts shall be stipulated by law or agreed by the parties.

Second, what is a borrower?

Borrower: refers to a natural person, legal person or other organization that borrows money from a lender with its own credit or property as a guarantee or a third party as a guarantee in private lending activities.

In private lending activities, borrowers must abide by the principle of honesty and trustworthiness, promise to provide true and effective information to lenders, and must not intentionally conceal true information or provide false information, and return the loan in full to lenders at the agreed time and interest;

The borrower shall use the loan in accordance with the loan contract, and shall not change the purpose of the loan without authorization or use the loan for illegal activities;

If the borrower transfers all or part of the debt to a third party, it shall obtain the consent of the lender.

3. Who is the borrower?

What do borrowers and borrowers mean?

Borrower: a person who lends money to others

Borrower: A person who borrows money from others

4. What does co-borrower mean

Co-borrower generally signs the column of China borrower in the bank loan business, namely co-borrower. Co-borrower can be the co-owner of the purchased house or other natural persons who meet the loan conditions. As we all know, the co-ownership of houses is due to the convergence between the co-owners and co-borrower. However, due to various factors, other natural persons will also be regarded as co-borrower.

First of all, the concept of co-borrower.

In fact, co-borrower is very common in the loan business of banks. For example, when co-borrower, a well-known mortgage lender, applies for a loan from a bank, co-borrower can be the co-owner of the house and the subject of repayment obligations.

Co-borrower in private lending mainly refers to the relationship between two or more people who jointly borrow from the same creditor based on the common purpose of borrowing or the agreed purpose of borrowing, and the two people agree with the creditor that the common debt will be shared by the two people.

Through the concept of co-borrower, we can simply analyze the corresponding characteristics of co-borrower.

1. The borrower is two or more borrowers. Natural persons, legal persons and unincorporated organizations may jointly borrow from the same lender as co-borrower. The subject of joint borrowing is not necessarily two natural persons, but one natural person and one.

2. Lenders who jointly borrow money, that is, lenders, must be the same lender, that is, more than two lenders.

3. Only two or more borrowers can reach a loan intention with the lender if the loan purpose is the agreed loan purpose. For example, in the housing mortgage loan, the loan purpose of the same borrower is to buy a house together. Based on the common purpose of borrowing, it is possible to reach a common intention of borrowing.

4. After the loan intention is reached, the nature of the agreed joint loan right is creditor's right or joint creditor's right? A joint creditor's right is a sum of money, a joint commitment to the same creditor's right, and even a creditor's right is divided into different shares. Co-borrower agreed that everyone should bear a specific share, and the borrower should not bear joint and several liability for repayment.

Legal basis:

General principles of civil law in People's Republic of China (PRC)

Article 84 A debt is a specific relationship of rights and obligations between the parties according to the contract or the law. Creditors are creditors and debtors are debtors. The creditor has the right to require the debtor to perform the contract or

Article 86 Where there are more than two creditors, they shall share the rights according to the determined share. If there are more than two debtors, they shall share the obligations according to the determined share.

Article 87 Where there are two or more parties, each joint creditor shall perform its debts according to law; A person who is jointly and severally liable to repay all debts and has fulfilled his obligations.