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Can you transfer half of the tax loan money to buy a house?
Half of the tax loan can be transferred out to buy a house. If the amount of tax loan needs to be used for the purpose agreed in the contract, the purpose of personal loan shall comply with the provisions of laws, regulations and relevant state policies, and the lender shall not issue personal loans without specified purposes. According to Article 7 of the Interim Measures for the Administration of Personal Loans, the use of personal loans shall comply with the provisions of laws, regulations and relevant state policies, and lenders shall not issue personal loans without specific purposes. Lenders should strengthen the management of loan fund payment and effectively guard against personal loan business risks. Interim Measures for the Administration of Personal Loans Article 24 A loan contract shall conform to the provisions of the Contract Law of People's Republic of China (PRC), and clearly stipulate the promises of good faith of all parties, the purpose of the loan funds, the object (scope) of payment, the amount of payment, the terms and methods of payment. The loan contract should be set with relevant clauses to clarify the liabilities for breach of contract that the borrower should bear when it fails to perform or slowly performs the contract.