Because of wrong setting or long-term running of rotating machinery, the looseness may ouur in the bearing seats or bases. And also bring impact and rubbing of rotor-stator, That is the looseness and rub-impact coupling fault. In the paper,a mechanics model and a finite element model of a vertical dual-disk cantilever rotor- bearing system with coupling faults of looseness and rub-impact are set up. Based on the nonlinear finite element method and contact theory, the dynamical characteristices of the system under the influence of the looseness rigidity and impact-rub clearance is studied. The results show that the impact-rub of rotor-stator can reduce the low frequency vibration caused by looseness, and the impact-rub caused by looseness has obvious orientation. Also, the conclusion of diagnosing the looseness and rub-impact coupling faults is given in the end of the paper.