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Borrowing money from another country

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pbeale24

Junior Member
What is the name of your state (only U.S. law)? Maine

Can a US Citizen borrow money from an individual or a bank in a foreign country, especially China?
 


Antigone*

Senior Member
What is the name of your state (only U.S. law)? Maine

Can a US Citizen borrow money from an individual or a bank in a foreign country, especially China?

A foreign bank will not lend to someone they have no jurisdiction over, or I should say they would be stupid to do so.
 

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