Current location - Loan Platform Complete Network - Loan intermediary - Two teachers, a 56-year-old and a 54-year-old, secured a loan of 500,000. Is it illegal?
Two teachers, a 56-year-old and a 54-year-old, secured a loan of 500,000. Is it illegal?
As long as the bank is willing, this is not illegal.

Who do they vouch for? Aren't you afraid of bad things in the future

If the lender's family refuses to repay the loan,

Or if they are unable to repay, they will suffer.

If the bank can't find a lender, it will go to them.

Ask them to pay back the money, or seal up their property if they don't pay back.