Loan against loan means repayment by borrowing money, to meet the following conditions:
First of all, the borrower should have a good repayment record and credit rating to show the repayment ability and willingness;
Second, the borrower needs to have a stable source of income, enough to repay the loan principal and interest;
Third, the borrower should understand the terms of the loan contract, including interest rate, repayment cycle, etc., and be able to fulfill the repayment obligation on time;
Finally, borrowers should choose formal financial institutions or platforms for borrowing to ensure that borrowing is safe and legal.