Will co-borrower also receive a reminder message?

I won't. But you must take the initiative to repay. If you don't take the initiative to repay, then you will definitely send a message to co-borrower.

If you renew the loan, co-borrower will know, because this is a joint loan, and the other party will receive the news of your loan. If there is a short message with a verification code, it means that your loan renewal application has been successfully accepted.

1. co-borrower exists widely in bank loan business. The most typical example is in housing mortgage loan, where husband and wife or co-buyers of houses apply for loans from banks as co-borrower. The relevant personal loan system clearly stipulates that co-borrower can be the co-owner of the purchased house or other natural persons who meet the loan conditions. In practical work, the co-owner of the house, as co-borrower, is easy to understand and grasp because of its similarity with co-borrower. However, for other natural persons in co-borrower, there are many uncertainties because of the inconsistency between other natural persons and co-borrower, which often involves many factors such as motivation, background, complicated social and legal relations, information asymmetry and so on. Therefore, it is necessary to strengthen the prevention of risks arising from this kind of co-borrower.

2. On the contrary, China's General Principles of Civil Law has clear legal provisions on the general co-borrower model. Article 84 of the General Principles of Civil Law stipulates: "Debt is a specific relationship of rights and obligations between the parties in accordance with the contract or the law. The obligee is the obligee, and the obligor is the debtor. The creditor has the right to require the debtor to perform the debt according to the contract or in accordance with the law. " Article 87 of the General Principles of Civil Law stipulates: "If there are more than two creditors or debtors, each creditor with joint rights has the right to require the debtor to perform his obligations in accordance with the provisions of the law or the agreement of the parties; Every debtor with joint and several obligations has the obligation to pay off all debts, and the person who has fulfilled his obligations has the right to ask other people with joint and several obligations to pay off his share. " In the loan contract, the parent company and its subsidiaries are jointly signed as borrowers. Therefore, there is a relationship of rights and obligations between the bank and the parent company and its subsidiaries. The bank is the creditor and the parent company and its subsidiaries are the debtors. Therefore, it can be concluded that, under normal circumstances, the co-borrower model conforms to the provisions of the General Principles of Civil Law.

3. In addition, the General Rules for Loans of the People's Bank of China itself does not stipulate the number of borrowers, that is, the General Rules for Loans does not prohibit the existence of more than two borrowers in the same loan, so in general, the "co-borrower" model in bank loan business is not prohibited by Chinese laws.