Most of the loans transferred to other people's cards are special loans, and the purposes of such loans are clearly defined and must be used for designated purposes. For example, common mortgage loans, car loans, decoration loans and so on. After the loan comes down, it will be directly sent to the card of the borrower's transaction object, with the purpose of compliance and reducing the risk of misappropriation of the loan. This situation is generally called entrusted payment, that is, according to the borrower's withdrawal application and payment entrustment, the lending institution directly pays the loan funds to the borrower's transaction object that meets the purpose agreed in the contract. For example, mortgage loans will give money to developers, car loans will give money to dealers, and decoration loans will give money to decoration companies. For this reason, if someone else's loan is transferred to his own card first, it is largely because the other party filled in his own account number as the counterparty's account number when applying for the loan, which is equivalent to borrowing his own account number to hide the real use of the funds, so the bank will transfer the money to his own account number, and then transfer it to others after the money arrives. It should be noted that although the loan funds were not paid to the borrower, the loan contract was signed by the borrower and the lending institution, so the repayment was made by the borrower. The borrower must repay the arrears of the previous period within the specified time, otherwise the overdue repayment or overdue repayment will affect the borrower himself.
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.