Legal analysis: Generally speaking, borrowing does not constitute a crime. Lending institutions will give you a loan in due course according to law. According to the loan contract and the mortgage or pledge contract, the loan will be brought to the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the loan guarantor and sealing up the collateral. After the judgment is made, the deposit auction will be enforced according to law to offset the pledged property, so as to pay off the loan losses of the bank, including the loan principal, overdue interest and penalty interest.

Legal basis: Obtaining loans, bill acceptance, letters of credit, letters of guarantee, etc. in Article 175 of the Criminal Law of People's Republic of China (PRC). Whoever defrauds a bank or other financial institution of funds, thus causing heavy losses to the bank or other financial institution or other serious circumstances, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also, or shall only, be fined; Whoever causes particularly heavy losses to banks or other financial institutions or has other particularly serious circumstances shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.