Bank loans usually have a relatively long loan term. Customers can apply for 60 loans, such as housing loans and car loans, and can apply for 60 loans. In general loans, the longer the loan term, the higher the risk that the lending institution needs to bear. Therefore, for consumers, applying for a 60-term loan requires good personal credit, pledge or loan guarantee to complete. The above loans can be divided into 60 installments.

How many years can bank loans last?

Whether it is a commercial loan or a personal provident fund loan, the housing loan cannot exceed 30 years. The general loan term can be divided into 10 years, 15 years, 20 years, 25 years, 30 years, etc. If you have enough money, you can choose 10 to 15, so the loan interest will be less. However, if you don't have many down payment or later repayment assets, you can choose 20 to 30 years. Although the loan interest is a little more, there is capital turnover for the later expenses. If the job is unstable or the income can't guarantee the normal daily living expenses and monthly payment, you need to adjust the term slightly. This article mainly talks about what loans can be divided into 60 related knowledge points for reference only.