1), short-term loans with a term of 1 year or 1 year are characterized by short term, low risk and low interest rate. They are usually issued in the form of "borrowing" and are mainly used to meet the borrower's demand for short-term funds.
2) The term of medium and long-term loans is longer than 1 year, which is characterized by long term, high interest rate, poor liquidity and high risk.
Second, housing loans, the longest loan period should not exceed 30 years, you can choose to pay off within 5 years according to your repayment ability.
The loan term plus the age of the lender shall not exceed 65 for men and 60 for women.