Credit card holders lend their credit cards to others. Lending money is not from its own funds or other economic sources that meet the legal requirements, but from the funds in the credit card. The credit limit of credit card is issued by financial institutions based on the credit status of cardholders, allowing cardholders to overdraw the consumption limit within a certain period of time, so credit card funds also belong to credit funds.

Therefore, the cardholder lends his credit card to others for use, which belongs to the situation of "borrowing money from financial institutions for lending" as stipulated in the first paragraph of Article 13 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases (revised for the second time in 2020), so the private lending contract formed between the cardholder and the borrower is invalid.

legal ground

People's Republic of China (PRC) Civil Code

Article 157 _ Road _ Shangxing Road _ аааааааааааааааааааааааа

Chapter five hundred and seven _ Dequan аааабббббббббббббббб.