* * * Will the borrower also receive a reminder message?

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

If you renew the loan, the borrower will know, because this is a loan made by two borrowers, 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.*** The same borrower is common in bank loan business. The most typical example is that in the housing mortgage loan, both husband and wife or the same buyer of the house apply for a loan from the bank as the same borrower. The relevant personal loan system clearly stipulates that the same borrower can be the owner of the purchased house or other natural persons who meet the loan conditions. In practical work, the * * * owner of the house as a * * * borrower is easy to understand and grasp because of the similarity between the * * * owner and the * * * borrower. However, for other natural persons who are borrowers of * * *, the inconsistency between other natural persons and borrowers of * * * often involves many factors, such as motivation, background, complicated social and legal relations and asymmetric information, so there are many uncertainties. Therefore, it is necessary to strengthen the prevention of risks arising from such borrowers.

2. On the contrary, China's General Principles of Civil Law has clear legal provisions on the same borrower model in general. Article 84 of the General Principles of Civil Law stipulates that "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 its obligations in accordance with the provisions of the contract or the law. " Article 87 of the General Principles of Civil Law stipulates that "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 debts 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 debts to pay his share. " In the loan contract, both the parent company and the subsidiary company are borrowers, so there is a relationship of rights and obligations between the bank and the parent company and the subsidiary company. The bank is the creditor and the parent company and the subsidiary company are the debtors. Therefore, it can be concluded that, on the whole, the * * * borrower model conforms to the provisions of the General Principles of Civil Law of China.

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 generally speaking, the "* * * same borrower" model in bank loan business is not prohibited by Chinese laws.