Legal analysis: It is illegal to lend a credit card to others. Once a bad debt occurs, the cardholder must bear all the consequences; if you must borrow, the loan amount or credit limit, and interest must be stated on the IOU. The rate, settlement method and cycle, the annual interest rate shall not exceed 24. If you want it to be higher, you can increase it with handling fees or management fees, and control the annual fee within 6. It is recommended to borrow money in the form of a loan contract, and indicate each month repayment matters.

Legal basis: "The People's Republic of China and the Civil Code"

Article 667: The loan contract means that the borrower borrows money from the lender and returns the loan and pays when due interest contract.

Article 668: A loan contract shall be in written form, unless otherwise agreed upon for a loan between natural persons.

The content of a loan contract generally includes terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669: When entering into a loan contract, the borrower shall provide the true situation of business activities and financial status related to the loan as required by the lender.