Purpose of loan: 1. Buying a house: Few people can buy a house in full, so they will choose to pay part of the down payment and repay the rest in installments through bank loans. 2. Decoration: Under the pressure of today's environment, many people basically spend all their savings when buying a house, so decoration can also be relieved by taking out a loan to relieve financial pressure. 3. Buy a car: Car loans and mortgage loans are similar in nature. They both pay a down payment first and then pay in installments. 4. Personal consumption: used to purchase furniture and home appliances or to temporarily solve life difficulties. 5. Enterprises: Mainly to solve the financial problems encountered in the operation process of enterprises.

Things to note when applying for a loan

1. Borrowing amount: When applying for a loan, the amount applied for should not be too high. The larger the loan amount, the higher the possibility of being rejected. . At the same time, borrowers must apply for a loan amount based on their repayment ability to avoid financial pressure caused by too high monthly payments.

2. Borrowing information: Borrowers must ensure that the information they provide to the lending institution is true and complete. Once it is found to be suspected of fraud, the lending institution will directly refuse the loan.

3. Loan purpose: When the borrower fills in the loan purpose, the borrower should write down the loan purpose frankly and clearly, which can make it easier to pass the review.