The main difference between the borrower and the borrower is that the borrower borrows funds and the lender borrows funds, which is the lender. The two are mutually beneficial.
According to the general principles of loans
Article 19 The borrower shall provide the lender with relevant information required by the lender in a timely manner according to law, and shall not conceal or provide false information.
Article 20 The borrower shall accept the lender's supervision over its financial status and loan use according to law.
Extended data:
According to the general principles of loans
Article 17? If the borrower is a natural person, it shall meet the following basic conditions:
(1) Having a legal identity document or a valid residence certificate in China;
(2) Having full capacity for civil conduct;
(three) good credit, stable income or assets, and the ability to repay the principal and interest on schedule.
(4) Unless otherwise provided by the administrative organ.
Article 23? The borrower shall not use the loan for the following purposes:
(a) production, operation or investment in products or projects prohibited by the state;
(two) in violation of the relevant provisions of the state to engage in equity investment, in violation of the provisions of the state to use loans as registered capital, capital verification or capital increase and share expansion;
(3) Investing in stocks, futures and financial derivatives in violation of relevant state regulations;
(4) Budget revenue and expenditure;
(5) Other prohibited uses as stipulated by the state.
General rules for loans of China Banking Regulatory Commission.
Baidu encyclopedia-borrower
Baidu encyclopedia-lender