The Interim Measures for the Administration of Personal Loans has corresponding provisions:

Article 11 An individual loan application shall meet the following conditions:

(1) 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.

? Extended data:

?

Relevant laws and regulations of Interim Measures for the Administration of Personal Loans:

Article 50 If the sales amount of an enterprise fails to enter a special account, misappropriates closed loans or evades bank debts, the lender has the right to stop issuing loans and deduct the original loans; For loans that cannot be repaid, they have the right to ask the guarantee unit to assume the guarantee responsibility.

During the period when the lender issues the closed loan, the enterprise shall provide the lender with the necessary operating conditions and relevant statements in time; It is necessary to cooperate with the lender's inspection of closed loans and provide the required information truthfully.

Fifty-first government departments should regularly inspect and supervise the closed operation of enterprises; In violation of the provisions on the management of closed loans, measures should be taken in time to supervise enterprises to correct immediately.

Baidu Encyclopedia-Interim Measures for the Administration of Personal Loans