Does it matter that the purpose of recruiting financial loans does not meet the requirements?

If, after receiving the loan funds, the actual use of the borrower is inconsistent with the purpose agreed in the contract and beyond the agreed scope of use, once it is discovered by the loan handling bank, lending institution and platform, the loan handling bank, lending institution and platform are likely to immediately recover the money and require the borrower to pay off the loan as soon as possible and pay a certain penalty. At that time, the borrower may bear greater repayment pressure, and if the circumstances are serious, it will be suspected of fraudulent loans, which will also have a negative impact on handling credit business in the future.