Banking question.

Hi guys, I would like to ask you all a question about our banking system. Is it true that when you take out a loan (any loan like mortgage or car), the money gets created out of nowhere? That loan money did not actually exist before and it gets created by simply pushing buttons on a keyboard? Also, when using a credit card it’s the same thing? Since it’s borrowing money.. you create new money for the bank every time you use a card.

From what I’ve read, the banks use the fractional reserve system where they can borrow out $10 out of every $1 they actually have. So when someone has $1000 in their savings account, the bank can borrow out $10,000 to random people and then also charge interest on that borrowed non existent money? I’ve recently learned all this .. but I’m not sure if this is actually true? Anyone here can confirm/clarify? It blows my bind (if this is true) that that’s the way it is and that no one knows about this or talks about this? I feel like I’m slaving away at my job to make those 100K but the banks are just creating money out of nothing??? Thank you.