Use your own company to help others get loans.

Legal analysis: First of all, a loan in the name of is equivalent to being a loan guarantor. If they don't get a loan, then the loan company is looking for repayment, not for them. If the lender takes the loan to court, the court can seal up the property under its name for auction, and the proceeds from the auction will be used for repayment. Secondly, the credit record will be blacked out, and it is no longer possible to borrow money to buy a house or a car, and it may even be listed as a breach of trust and restricted consumption.

Legal basis: People's Republic of China (PRC) Civil Code? Article 388? To establish a security interest, a security contract shall be concluded in accordance with the provisions of this Law and other laws. Guarantee contracts include mortgage contracts, pledge contracts and other contracts with guarantee functions. The guarantee contract is a subsidiary contract of the main creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law.

If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.