When making a bank loan, you should truthfully fill in the loan purpose according to the actual situation, so as not to resort to deceit and affect the credit. Under normal circumstances, loans are used for business operation, consumption, decoration, education, wedding, tourism and so on.
The purpose of the loan refers to the specific destination of the loan. It reflects which aspect of capital demand the loan is used to solve in production and business activities, which production factors the loan is combined with, and which part of the reproduction process the loan is used for.