Use of personal consumption loan of China Bank:

Personal consumption loans can be used for all legitimate personal consumption expenses, but excluding house purchase, production and operation, personal expenses without specific purposes, and any purposes prohibited by laws, regulations, regulatory provisions and national policies (including stock and securities investment, etc.). ). Due to the differences in business in individual regions, please consult the acceptance outlets of BOC for details.

The above contents are for your reference. Please refer to the actual business regulations.

What is the purpose of applying for a personal loan?

When encountering financial problems, many people will choose to apply for personal loans. However, when banks apply for loans, there are restrictions on the use of loans. So, what is the purpose of personal loan? I'll introduce it to you today.

1. Personal consumption loan refers to the behavior that citizens with a certain income apply for a loan from the bank for the purpose of consumption, provide certain guarantees, repay the loan at maturity and pay interest. It mainly includes: personal durable consumer goods loans, personal housing decoration loans, personal student loans, personal travel loans, automobile consumption loans and other business varieties.

2. Personal comprehensive consumption loans refer to loans that are not specified for specific purposes and are granted by banks to individuals to further meet their increasingly diversified consumption needs.

3. Credit card overdraft loan means that when the credit card account balance is less than the amount required for consumption or shopping, the credit card holder will automatically give the required loan amount according to the limit agreed by the bank and the cardholder in advance.

4. Personal housing loans refer to loans issued by banks to borrowers for the purchase of ordinary housing.

5. The individual refers to the loan that the borrower provides the corresponding pledge as the guarantee to the bank according to the loan amount. When the borrower's cash flow is insufficient to repay the loan, the bank will exercise the right to dispose of the pledge.

6. Personal credit loans refer to RMB credit loans issued by banks or other financial institutions to borrowers with good credit without providing guarantees. Based on personal credit and repayment ability, the loan amount will generally not exceed 1-200,000, and the loan term is1-2 years.

What is the purpose of personal comprehensive consumption loan?

First of all, answer directly.

There are mainly the following kinds.

Second, the specific analysis

1, buy furniture and appliances

Such as TV, refrigerator, sofa, bed, wardrobe, tables and chairs, air conditioner, water heater, etc. It can also be used for home decoration.

Step 2 buy a car

In the use of consumer loans, it is ok to buy a car, but it cannot be used to buy a house.

Step 3 use it for education

For example, studying abroad and re-education after employment. The loan funds can be used to pay tuition, accommodation and living expenses.

4, used for marriage

For example, hire a wedding company, hold a banquet, buy a wedding dress, buy jewelry and so on. You can apply for a consumer loan if the short-term expenses are large.

Step 5 travel abroad

It can be domestic tourism or foreign tourism. The longer the planned travel time, the greater the demand for consumer loans.

6. Medical beauty

Medical treatment refers to all kinds of medical treatment for colds, diseases and accidents. Medical beauty generally refers to the treatment and plastic surgery of the mouth and eyes.

7. Purpose of production and operation

For example, if the demand is small, you can also apply for consumer loans for production and business purposes such as expanding the factory building, purchasing business equipment, purchasing raw materials, and accounting turnover.

8. Other daily consumption

For example, shopping for dinner, buying food and cooking, buying clothes and shoes, and paying the basic expenses of daily life such as water, electricity and transportation.

Note that consumer loans are explicitly prohibited, that is, they may not be used in areas prohibited by law such as house purchase and investment.

Pay attention to personal credit at ordinary times, and don't blindly apply for loans. Otherwise, once big data is spent and you want to apply for loans, you will be refused loans because of insufficient comprehensive scores. You can get a big data report in Beijian and clearly know your situation in online lending big data. The database cooperates with more than 2,000 online lending platforms, and the queried data is relatively accurate and comprehensive.

3. What are the consumer finance loans?

There are many consumer finance loans, such as Gitzo consumer finance commodity loans and consumer loans, instant consumer finance comfort loans, good-term loans for consumer finance, full-time loans and privileged loans for Xiaoman Finance's rich flower platform, Suning Finance's willful loans, Jingdong Finance's gold bar loans, Ant Financial's loan treasures, and Lexin's installment music.

In addition, other consumer finance institutions also provide various credit consumer loans, such as Zhongyuan Consumer Finance, China Post Consumer Finance, Haier Consumer Finance, Yin Chang Consumer Finance, Huarong Consumer Finance, Yin Hang Consumer Finance, Jinshang Consumer Finance, Shengyin Consumer Finance and Happiness Consumer Finance.

As long as more attention is paid to maintaining personal good credit, there is no bad record in the credit report; And can provide stable income proof, have the ability to repay on time, and generally can successfully borrow money from the above-mentioned consumer financial institutions.

Of course, if the credit is bad, you can't borrow money temporarily.

It should also be noted that there are many unknown small loan platforms in the loan market. Although the application threshold is low, it is not recommended to borrow money because there is no financial license.

What's the difference between personal consumption loan and mortgage? What are the uses of consumer loans?

What's the difference between personal consumption loan and mortgage?

According to the current types of personal loans, banks can basically be divided into personal credit loans and credit loans. Consumer loan is a kind of personal credit loan, or a mainstream product; Housing loan is essentially mortgage loan, that is, the bank pays the loan you handle to the real estate developer, but you mortgage the house to the bank and repay it according to the loan method. These two are the most important loan types that I have come into contact with at present.

From the name point of view, consumer loans are mainly used for transactions, such as house decoration, car purchase, home appliances and furniture purchase, as well as expenditures on culture, education, holiday travel and weddings. , and can't be used to buy a house; Generally speaking, the amount of my consumer loan does not exceed 500,000 RMB, and the interest rate is usually between 8%- 18% according to my credit rating, and the repayment date generally does not exceed 4 years at most.

At present, some financial companies are gradually involved in consumer loans. Housing loan is a key loan, and its credit limit is judged according to the qualification level of personal income and property. Credit lines range from hundreds of thousands to millions, and loan interest rates are generally adjusted according to changes in China's policies, and the longest loan period can reach 30 years. All three can take equal principal repayment or equal principal and interest repayment.

What are the uses of consumer loans?

1, buy a large amount of durable consumer goods or luxury brands. Nowadays, many people want to buy expensive products, but they are not enough, so they will choose consumer loans to solve the financial problem, such as car purchase, digital appliances, jewelry and so on.

2. Get married. Getting married now costs a lot of money, ranging from tens of thousands to tens of millions. Some families can't afford that much money for the time being, so they can choose to apply for consumer loans to pay most of the expenses.

3. Cultural education. Whether wage earners improve their continuing education or send their children to study abroad, consumer loans can solve the difficulties.

4. Travel on holiday. Now some popular tourist attractions have been visited for a long time. If you spend more money, you can also use consumer loans.

Requirements for the use of funds for housing mortgage loans and consumer loans

The use of mortgage loan funds generally includes buying a house, buying a car, home improvement, studying abroad, medical tourism, buying large and medium-sized durable goods, etc., and can be used for business purposes, such as the company's funds for starting its own business. The following are some relevant regulations of banks on the use of loan funds.

Yinlv. com shows that banks have certain requirements for the use of loan funds by borrowers when handling mortgage consumer loans. When applying for a loan, the lender shall explain the purpose of the loan funds to the bank. In addition, when loans are allowed, lenders are required to provide corresponding certificates for the use of loan funds, in order to improve the supervision of the inflow of loan funds.

Avoid all possible loans, loan funds entering the stock risk field and other capital uses, loan discount period and interest rate products implementation standards. Generally speaking, the discount of housing mortgage loan is the housing evaluation coefficient, and the loan term is the annual interest rate of the loan, which should be increased by 10% on the premise of the standard annual interest rate.

The introduction of the purpose of personal credit consumption loan and what personal credit consumption loan can only be used for ends here. I wonder if you found the information you need from it?