Legal analysis: it should be judged according to the specific situation. The term grades of the benchmark interest rate for RMB loans of financial institutions are divided into three grades: within one year (including one year), from one year to five years (including five years) and above five years.

Legal basis: Article 11 of the Interim Measures for Personal Loans An application for personal loans shall meet the following conditions:

(a) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.