I. Classification of loan purposes
1, daily consumption: such as buying a house, a car, expensive goods, decoration, studying abroad, traveling, beauty, etc. These are common loan purposes.
2. Investment and financial management: Some people lack investment funds, so they will apply for loans for stock trading, investment and financial management, and even gambling and high-interest loans.
3. Production and operation type: small and medium-sized enterprises or entrepreneurs apply for loans to purchase raw materials, goods, equipment and store decoration. In order to meet the normal demand.
4. Help others with loans: Some people will help those who are not qualified to apply for loans out of affection, such as relatives and friends.
5. Fake loans: For example, the fake mortgage of real estate, in order to obtain funds, developers use the fake identity of borrowers to defraud loans.
Second, what will happen if the loan purpose is inconsistent with the actual situation?
If it is only a small difference, it may be caused by the borrower's ignorance of the loan, or it may be that he applied for a product with a higher amount and lower interest. As long as it doesn't violate the bank regulations, the bank doesn't find it, and the impact is not great. It is enough to repay the loan on time and maintain a good reputation.
However, it is not allowed to apply for loans for investment and financial management, illegal activities, helping others with loans, false loans, etc. Once discovered, they may be required to settle in advance and bear certain legal responsibilities.