When it comes to the use of loans, we must first understand the types of loans. Different loan types have different loan purposes. In order to prevent illegal use of loan funds, some lending institutions may occasionally ask users to upload consumption vouchers and inquire about the whereabouts of loan funds. So, what is the purpose of the loan? Let's take a look together.
What is the purpose of the loan?
1. Purchase houses, commercial and residential houses or commercial houses.
Either primary or secondary, you can apply for personal housing loans or personal commercial housing loans. In this case, the loan funds are generally paid directly by the bank to the bank card account of the developer or seller.
Step 2 get a loan to buy a car
When applying for a personal car loan, the purpose of the loan is naturally to buy a car, and the loan funds can be directly transferred to the car dealer's account by the bank.
3, used for home decoration, furniture and electrical appliances and other household consumption purposes.
Some banks are linked to housing loans, and some can apply for decoration loans, personal home consumption loans and personal comprehensive consumption loans. These have a clear purpose.
4, for shopping, education and training, tourism, wedding, medical care, beauty and fitness, club activities, etc.
This is a personal consumption loan. Some banks can directly apply for personal comprehensive consumer loans without subdivision, and their consumption purposes are not limited to these. You can consult your local bank for details.
5 for production and operation, business assistance, entrepreneurship and other business purposes.
Apply for personal business loans, etc. Loan funds can be used for daily business turnover, repayment of operating debts, purchase of equipment, expansion and renovation, decoration of business premises, etc.
6. Help students with financial difficulties to complete their studies.
Applying for a national student loan is a welfare given by the state to students at school to help them pay tuition, fees and living expenses. It can be paid directly by the bank to their school. The loan interest generated by students during their school days is paid by the state financial subsidies, and the loan principal can be repaid after graduation.
The above is about "what is the purpose of the loan". Please note that the loan shall not be used for gambling, stock trading and other purposes prohibited by national laws and regulations.
The intended use of the loan
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.
Basis for determining loan use
1. The utilization of credit leverage by the state
Financial funds and credit funds are two main channels for the state to mobilize and allocate funds. If the state mainly uses financial means to raise and distribute funds, the use of loans will be narrow; If the country mainly uses credit to raise and allocate funds, the use of loans will expand. In order to give full play to the leverage of bank credit, under the condition of ensuring the comprehensive balance between financial funds and credit funds, changing the capital distribution channels of economic construction funds mainly based on free distribution will help enterprises save funds, promote enterprises to improve their management and improve economic benefits. Bank credit has become an important channel to raise and allocate funds for economic construction, which is the requirement of the national economic development strategy.
2. The objective requirements of economic development
When the supply capacity of credit funds allows, the expansion of loan use also depends on the objective needs of economic development in various periods. With the increasing role of finance in the national economy, bank credit has become an important channel for the redistribution of social funds. Adjusting industrial structure, developing basic industries and realizing rationalization and optimization of industrial structure are the basic conditions for economic coordination, stability and sustainable development, effective allocation and efficient utilization of social resources, and also an important symbol of economic modernization. Bank credit should meet the objective requirements of economic development and determine the purpose of loans in different periods.
3. The business nature of the enterprise
In the national economy, different industries and enterprises have different business nature, and their capital occupation and turnover characteristics are also different. So the purpose of the loan is different. For example, in the process of product production, industrial production enterprises have to go through three links: supply, production and sales. Bank loans must meet the needs of both working capital and fixed capital of enterprises. Commercial retail enterprises should undertake the task of commodity reserve, work hard and sell quickly to ensure market supply, and bank loans should solve their liquidity needs. Therefore, according to the nature of enterprise operation, determining the appropriate loan purpose and solving its capital demand will not only promote the development of enterprise production and operation, but also help to allocate credit funds reasonably and improve the efficiency of use.
What are the uses of personal loans?
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 loan refers to the loan issued by the bank to the borrower for the purchase of self-occupied 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 the loan?
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.
Loans are divided into consumer loans and commercial loans. Commercial loans have short service life, high interest rate and long service life. Mainly used for personal consumption, including personal car purchase, decoration, travel, going abroad, buying furniture, etc.
What is the purpose of the loan?
The compliance purposes of loans are generally divided into these categories: business operation, consumption, decoration, education, wedding, tourism and others. But also need to provide the corresponding invoices, contracts, receipts or other supporting materials.
1. It is forbidden to forge false loan purposes. When filling in the purpose of the loan, we should adhere to the principle of honesty and trustworthiness, truthfully fill in the transaction background and the purpose of the loan, and submitting false materials will be suspected of "defrauding the loan"
2. It is forbidden to borrow money for stock trading, gambling and gambling. Stock trading, gambling, lending and other loan purposes are prohibited by the state, and gambling is obviously risky and harmful, which is very undesirable.
3. It is forbidden to use consumer loans for house purchase and business purposes. Consumer loan is a special loan method, which clearly stipulates that loans can only be used for daily consumption, such as decoration, home appliance purchase, tourism and so on. , but not for real estate speculation or business needs.
Do not fill in the loan purpose casually, but fill it in. Don't cheat and take chances. Once it is discovered, it is necessary not only to recover the loan, but also to investigate the responsibility.
What is the purpose of personal consumption loan?
The purpose of consumer loans does not mean that all consumers can apply for loans. The most common purchase of real estate, although also a consumer behavior, can not apply for consumer loans. Consumer loans have the following three purposes.
First, buy big durable goods or luxury goods. For example, buy cars, home appliances, jewelry or gold and so on. This kind of products can be preserved or used for a long time, and generally you can apply for a consumer loan.
Second, study abroad or travel. With the improvement of living standards, more and more friends choose to study abroad or travel abroad. You can apply for personal consumption loans under these circumstances.
Third, business needs. At present, many micro-enterprises want to apply for corporate loans, but they can't meet the requirements of lending institutions. Then you can choose to apply for a personal consumption loan, which is also possible.
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Personal consumption loans refer to personal loans issued by banks to borrowers who apply for purchasing "reasonably used consumer goods or services". Personal comprehensive consumption loans refer to RMB-guaranteed loans issued by banks to borrowers who do not have specific consumption purposes. Customers apply for loans from banks in the form of "consumer goods or services for reasonable purposes", which are mainly used for personal housing, automobiles, general student loans and other consumer personal loans.
The longest loan period is no more than 20 years (taking personal housing mortgage loans as an example, the longest term of commercial loans is generally 20 years); At the same time, it is necessary to provide property mortgage, pledge or third-party guarantee recognized by the loan bank (some banks only accept mortgage or pledge) as loan guarantee conditions.
Loan trap:
1. Among consumers who are willing to lend more than one price, many people choose banks according to the recommendation of intermediaries. In fact, there may be many bank loans to choose from, with lower interest and faster approval.
2. Pay attention to the invisible costs. Credit cards are very convenient, and installment payment makes many people realize their consumption dreams in advance. Many credit card holders often receive phone calls from bank customer service, asking whether large-scale consumption requires installment payment, and giving preferential conditions of "zero interest". However, zero interest does not mean zero cost. Nothing for nothing.
3. Beware of the overlord clause. Car loan is very common, and it is more common for dealers to charge car loan fees. Bundled insurance has become an industry rule.
Personal consumption loan Baidu Encyclopedia
Use of loans
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.
I. Use of corporate loans:
The current loan is mainly used for the capital demand of inventory and fixed assets renovation. From the liquidity point of view, industrial enterprise loans are mainly used for raw material reserves, in-process products and finished goods inventory capital needs. Commercial enterprise loans are mainly used for the capital needs of commodity inventory and the capital needs of industrial and commercial enterprises in the process of commodity sales. From the point of view of fixed funds, it is mainly used for the capital demand of enterprise's technological progress and equipment renewal, the capital demand of enterprise's new construction, transformation and expansion, and the capital demand of enterprise's scientific and technological development (including part of working capital). In the field of consumption, it is mainly used for the capital demand generated by the purchase of civil commercial housing and automobiles.
Two. Personal loan purpose:
What is the purpose of personal loan?
When encountering financial problems, many people will choose to apply for personal loans. So, what is the purpose of personal loan? I'll introduce it to you today.
[If! SupportLists] 1, [endif] Personal consumption loan refers to the behavior that citizens with certain income apply for a loan from the bank for the purpose of consumption, provide certain guarantee, 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.
[If! Support list ]2. [endif] Personal comprehensive consumption loan refers to the loan that banks give to individuals without specifying specific purposes in order to further meet their increasingly diversified consumption needs.
[If! Support list ]3. [endif] Credit card overdraft loan means that when the credit card account balance is less than the amount needed for consumption or shopping, the credit card holder automatically gives the required loan amount according to the limit agreed by the bank and the cardholder in advance.
[If! Support list ]4. [endif] Personal housing loans refer to loans issued by banks to borrowers for purchasing ordinary housing for their own use.
[If! Support list ]5. [endif] Individual refers to the loan that the borrower provides the corresponding pledge to the bank as a guarantee 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.
Copyright statement: This article is taken from the online article: the use of loans.