多头贷款是现代企业和个人常用的一种财务策略,在市场经济条件下有其必然性、合理性,也具有内在的积极性。但多头贷款容易导致过度消费、过度授信、盲目投资、资金挪用、恶意透支、资产重复抵押等问题,其危害同样也不容小觑。本文在考察我国多头贷款演变路径的基础上,分析了其对借款人自身、商业银行、区域金融稳定的危害,并利用信息不对称理论、委托代理理论、要挟理论、动态竞争理论、金融生态理论等研究了多头贷款产生的原因,进而提出从完善金融法律法规、加强金融债权司法保护、强化机构监管和行为监管、促进监管协调和信息共享、推动征信宣传和诚信教育、规范信息披露和中介机构、发展直接融资和民间融资、鼓励行业协作和银行创新等八个方面加强对多头贷款风险的治理。 Long loan is a kind of financial strategy commonly used by modern enterprises and individuals. It has its inevitability, rationality and inherent enthusiasm in the market economy. However, long loans can easily lead to over-consumption, over-credit, blind investment, misappropriation of funds, malicious overdraft, duplicate mortgage and other issues. The same should not be overlooked. On the basis of reviewing the path of the evolution of China’s long-term loans, this article analyzes its harm to the borrower itself, commercial banks and the regional financial stability. By using information asymmetry theory, principal-agent theory, the theory of threat, dynamic competition theory, financial ecology theory And other reasons for the study of the long loan, and then proposed to improve the financial laws and regulations to strengthen the judicial protection of financial claims, strengthen the supervision of institutions and behavior supervision, and promote regulatory coordination and information sharing, promotion of credit promotion and integrity education, standardize information disclosure and intermediary Institutions, the development of direct financing and private financing, to encourage industry collaboration and bank innovation to strengthen the governance of the risk of bull loans.