1. The risks of helping others borrow money to buy a car are as follows:

(1) affects my subsequent credit loans and credit reports;

(2) If the actual lender has a driving accident, the nominal lender shall bear the responsibility;

(3) If the driver hit and run and the actual lender commits mortgage fraud, I, as a nominal lender, will also bear certain legal responsibilities.

2. Legal basis: Article 240th of People's Republic of China (PRC) Civil Code.

The owner has the right to possess, use, profit from and dispose of his real estate or chattel according to law.

Article six hundred and eighty-eight

If the parties agree in the guarantee contract that the guarantor and the debtor shall be jointly and severally liable for the debt, it is a joint liability guarantee.

When the debtor of joint and several liability guarantee fails to perform the due debt or the circumstances agreed by the parties occur, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee.

Second, what materials should be provided for personal loans?

The application materials required for personal loans are as follows:

1, ID card, household registration book or valid residence certificate, residence address certificate and marital status certificate of the borrower and spouse;

2 proof of the borrower's spouse's commitment to repay the loan;

3, engaged in production and business license, engaged in licensed business, should provide the original and copy of the business license of the relevant administrative departments. The partnership enterprise or corporate enterprise shall also issue the original and photocopy of the partnership agreement or articles of association, capital verification report and capital contribution agreement;

4. Proof of loan use;

5, production and business activities of the tax certificate;

6. Proof of pledge right, list of collateral and ownership certificate required for the borrower to obtain pledge and mortgage loan amount, written documents of the owner and property agreed by someone to pledge and mortgage, etc.;

7. Collateral appraisal report issued by the appraisal department recognized by the bank;

8. Other information required by the bank.