Four-year consumer loans take longer than three-year loans and have higher interest. Consumer loans are personal loans, which can be used to buy consumer goods or pay personal expenses. The term of consumer loans is usually three or four years. The main difference between a three-year consumer loan and a four-year consumer loan lies in the length of the loan period. The four-year loan period is longer than three years, which means that the borrower has longer time to repay. However, due to the long loan term, four-year consumer loans are usually more expensive than three-year consumer loans because the interest is higher. On the other hand, the repayment period of a three-year consumer loan is short, so the borrower must repay it faster. However, due to the shorter repayment period and usually lower interest, a three-year consumer loan may be more affordable than a four-year consumer loan. Therefore, the borrower must decide whether to choose a three-year consumer loan or a four-year consumer loan according to his personal situation and financial situation, as well as the consideration of repayment period and interest.