With the growth of the economy and the boom in the financial sector, the personal credit system has become more and more sophisticated, and many people have been unable to lend for some reason. And then a lot of people would think, "What am I going to do when I'm tricked into signing a co-borrower?"

By someone else

At the legal level, mutual borrowing agreements are legal documents. However, if the document was signed by deception or other unlawful means, it would constitute an offence. If you have been deceived into signing a common loan agreement, you are advised to report it at the first time and to deal with the credit card and personal credit. In addition, if your co-borrower is a stranger, you can suggest to the bank that the co-borrower be changed or that the loan be paid in advance to avoid the continuation of the common debt。

From a consumer perspective, in order to avoid the risk of error, we should pay attention to the following:

1. Select formal financial institutions and do not place their fate on unreliable intermediaries or private lending companies as much as possible. Formal financial institutions generally obtain loans through legal channels, and customer information must also be protected within the legal framework. Unofficial intermediaries or companies may engage in false marketing or illegal operations。

2. Read the relevant documents, including the loan agreements, contracts, etc. Prior to signing the document, confirm that all provisions in favour of yourself are reflected in the relevant document and ask for specific questions and implementation deadlines. If there were any doubts at first, even at the behest of the other party, a decision should be taken after careful consideration。

To avoid, to the extent possible, the conclusion of borrowing agreements with strangers. There is no limit on the number of people to borrow together, and it can even be signed by multiple persons. At this point, it is possible to choose whom to know as a co-borrower and to avoid sharing the risk of the loan with strangers in order to avoid risks and disputes in the course of borrowing。

In short, being deceived into signing a co-borrower is a more problematic issue. Consumers should be carefully informed, secure and prepared before making loans and entering into co-borrowing agreements. In case of problems, the assistance of relevant agencies and professionals can be readily sought。