That is BS - this is a secured loan. And if it was against the rules, there wouldn't be a process for the candidate to report it when it happens. I am amazed at how deceitful Trump and his supporters are on this issue. If they will lie over and over again about something small like this, even when the facts have been presented, what would they do if the Don was elected and got caught doing something illegal??? It would make the Hill and Bill Coverup look like amateurs in comparison!
You don’t know what you are talking about.
Here’s an article discussing it in more detail, there are multiple alleged violations.
A candidate CANNOT take out an unsecured signature loan for their campaign. Also, while the legalese can quickly get a person into the weeds, essentially a candidate’s spouse is similarly limited in contribution amount to the same principles as an unrelated campaign donor.
If a candidate could take out an unsecured signature loan, it opens the door wide open to corrupt exploitation by external influence.
In this case his assets put up for collateral were less than the loan value. And using his wife’s assets put her in the same class as a regular donor which is yet another violation.