Legal analysis: It has legal effect. According to the law, as long as the signer has the corresponding capacity for civil conduct and is his own signature, his signature has legal effect. As for the font used by the signer, it does not affect the legal effect of the signature itself. Of course, to be on the safe side, the borrower's fingerprint is generally needed.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.

Article 670 Interest on a loan shall not be deducted from the principal in advance. If the interest is deducted from the principal in advance, the loan will be repaid according to the actual loan amount and the interest will be calculated.