Term of personal consumption loan of China Bank:

1. Term of personal unsecured consumer loan of China Bank: the longest term shall not exceed 1 year. For customers who meet one of the following conditions, the credit line may be appropriately extended for a maximum of 3 years:

(1) High-quality enterprise management and key employees with strong strength, well-known brand, standardized management and stable salary and benefits, mainly from China Bank;

(2) BOC wealth management, wealth management and private banking customers with good credit status;

(3) China Bank's existing mortgage customers with good credit status.

2. The term of personal mortgage consumer loan of China Bank: if the house is mortgaged, the longest period shall not exceed 30 years; If the commercial house is mortgaged, the longest period shall not exceed 10 years. The sum of the quota period and the construction period shall not exceed 30 years, and shall not exceed the remaining service life of the construction land occupied by the collateral. If the borrower applies for a credit line through multiple collateral combinations, the validity period of the credit line that a single collateral can apply for is the shortest.

The term of individual unsecured consumer loan of China Bank is determined according to the specific purpose of the loan. The longest loan term for different purposes is as follows: for buying automobiles, large-scale durable consumer goods, immediate family members and legal wards to study abroad, education and training, etc. , the longest not more than 3 years; Used for other general consumption purposes, with a maximum of 1 year. The term of a single loan shall not exceed one year after the expiration of the quota. For special customer groups such as corporate annuity partners of Bank of China, the loan term is still implemented according to the requirements of relevant management measures.

China Bank's personal housing mortgage consumer loan has a single term housing mortgage of no more than 65,438+00 years and commercial housing mortgage of no more than 5 years. And shall not exceed the term of the remaining right to use the construction land within the scope occupied by the collateral, and shall not exceed the expiration date of the quota.

The maturity date of the loan is generally not later than the date when the borrower retires/stops production and business activities. When the loan expires, the borrower shall not be over 65 years old, and the age may be appropriately relaxed to 70 years old for customers who meet the bank's private banking and wealth management standards.

The above contents are for your reference. Please refer to the actual business regulations.

How many years can consumer loans last?

The longest loan for consumption can be 65,438+00 years. Lending institutions have slightly different provisions on the term of consumer loans, and the provisions of the institutions that handle consumer loans shall prevail. The better the general consumer's credit information and qualification, the longer the loan period.

Based on the regulations of major banks on consumer loans, the term of general consumer loans is between 1- 10 years.

The longest loan term cannot exceed 10 years. Because the regulations of each bank are different, the loan term of different consumer products is also different, so this is only a general term range.

Extended data:

Consumer loans are also called "consumer loans".

Loans to consumers for purchasing durable consumer goods or paying various fees.

For a long time, commercial banks mainly provide loans to industrial and commercial enterprises or other institutions and groups, and generally do not provide subsidies for personal consumption expenditures.

After World War II, commercial banks began to carry out consumer loan business on a large scale, mainly because:

The competition in the financial industry is becoming more and more fierce. In order to seek development, commercial banks need to explore new business areas.

② After the war, the economic development in the western region was relatively stable, and individuals had relatively reliable monetary income.

(3) The emergence of more and more credit reporting agencies enables banks to know the credit status of borrowers at a lower cost and ensure the safety of loans.

In order to avoid the influence of general loan inflation, residents in western countries are also willing to use consumer loans. The rapid development of consumer loans has played an important role in selling products and promoting production development.

Consumer loans are divided into different types according to different standards.

From the perspective of repayment period, it can be divided into one-time repayment and multiple repayment;

Judging from the lending relationship between banks and consumers, it can be divided into direct loans and indirect loans;

According to the purpose of the loan, it is divided into automobile loan, residential loan, residential improvement or repair loan, education and study loan, small living loan, holiday and tourism loan, etc.

trait

1. has the characteristics of wide consumption purposes, high loan amount and long loan period.

2. High risk, high return, periodicity (long-term) and interest rate insensitivity.

kind

1. Residential mortgage loan

2. Non-residential loans

3. It mainly includes automobile loans, durable consumer goods loans, education loans and travel loans.

4. Credit card loan

Application conditions

(1) Original and photocopy of the borrower's valid identity certificate;

(2) Proof of local permanent residence or valid residence;

(3) The borrower's loan repayment ability certificate. Such as the income certificate issued by the borrower's unit, the borrower's tax bill, insurance policy, etc.

(4) Pledge right, list of collateral, ownership certificate required by the borrower to obtain the amount of pledge and mortgage, and written documents of the owner and the property * * * agreeing to pledge and mortgage;

(5) A written document that the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount;

(six) the guarantor's credit certification materials;

(7) Collateral assessment report issued by the socially recognized assessment department;

(8) Other documents and materials stipulated by commercial banks.

What is the longest period for personal consumption loan application?

The maximum application period for personal consumption loans is 20 years.

Extended data:

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. The simple and popular understanding is to borrow money with interest.

Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

interest rate

(1) interest rate

The proportion of interest in the total loan funds within a certain period is the manifestation of the loan price. Namely: interest rate = interest amount/loan principal interest rate is divided into daily interest rate, monthly interest rate and annual interest rate.

The lender determines the loan interest rate with the lending bank according to the benchmark interest rate and interest rate floating space announced by relevant laws and regulations of various countries.

(2) benchmark interest rate

The benchmark interest rate is a universal reference interest rate in the financial market, and other interest rate levels or financial asset prices can be determined according to this benchmark interest rate level. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the condition of interest rate marketization, financiers measure financing costs, investors calculate investment returns, and management regulates macroeconomics. Objectively, a universally recognized benchmark interest rate level is needed as a reference. Therefore, in a sense, the benchmark interest rate is the core of the formation of interest rate marketization mechanism. Simply put, you usually deposit money in the bank and he gives you interest. The greater the benchmark interest rate, the more interest; The smaller the benchmark interest rate, the smaller the interest.

How to get the lowest bank loan interest rate

First, choose the bank with the lowest interest rate to apply for a loan.

Although the central bank has introduced the benchmark interest rate, the interest rates of all banks will rise above the benchmark interest rate, and the specific floating situation is different from bank to bank. Therefore, in order to get the lowest bank loan interest rate, we must "shop around" and then choose the bank with the lowest interest rate.

Second, pay attention to personal credit reporting and maintain good credit reporting.

Bank loan interest rates are all calculated by computers based on personal credit information, income, work and other information. In other cases, you can only keep your credit information and try to repay your credit card on time to avoid overdue.

What is the longest term of consumer loans? You will never guess.

Now consumer demand can be said to be very strong, and subsequent consumer loans can be said to be the loan method chosen by many people. However, is it necessary to lend consumer loans as long as you want? That's definitely not true, so what's the longest term of a consumer loan? Let's answer this question.

Generally speaking, consumer loans, also known as consumer loans, are loans issued by commercial banks and financial institutions to consumers on the basis of consumer credit for purchasing durable consumer goods or paying other expenses.

The longest term of consumer loans

Generally speaking, the loan term of consumer loans is 1~ 10 years, so the longest term of consumer loans shall not exceed 10 years. At the same time, the minimum loan amount for consumer loans is 50,000 yuan per order.

Increase in loan interest rate

After 20 12, the interest rate of consumer loans generally rose. Including car loans and house decoration loans, the interest rates of state-owned banks such as ICBC, Agricultural Bank of China, Bank of China and China Construction Bank generally rose by 10% to 15%, while most joint-stock banks rose by 20% to 30%. As for the personal business loan interest rate, the floating rate will be even greater, reaching 30%-40%, while the personal credit consumption loan will rise to 50% on the basis of the benchmark interest rate.

If you think the longest period of consumer loans is acceptable, then you can also see if you meet the requirements of consumer loans, because you can only get loans if you meet the application conditions.

Conditions of consumer loans

1. Original and photocopy of the borrower's valid identity certificate;

2. Proof of local permanent residence or valid residence;

3 proof of the borrower's ability to repay the loan. Such as the income certificate issued by the borrower's unit, the borrower's tax bill, insurance policy, etc.

4. Pledge, list of collateral and ownership certificate required for the borrower to obtain the amount of pledge and mortgage, as well as written documents of the owner and the real estate agreeing to pledge and mortgage;

5. A written document that the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount;

6, the guarantor's credit certification materials;

7. Collateral appraisal report issued by the appraisal department recognized by the society;

8. Other documents and materials required by commercial banks.

Is the loan officer of the loan company easy to do? What are the problems with the loan officer's job?

Loan officers can obtain the customer resources of the following platforms for you to choose from.

Understand the longest term of consumer loans through introduction, and it is definitely not possible to exceed 10 years.

How long can a personal consumption loan last?

Different banks or financial institutions have different regulations. You need to choose according to your specific situation.

General personal mortgage consumer loans can be loaned for up to 20 years.

If it is a personal pure credit consumer loan, most financial institutions can generally lend for up to 5 years.