Personal credit loan refers to a certain amount of credit granted by banks or financial companies through customers' credit status and repayment ability. Generally speaking, people with good credit, fixed residence, stable income and sufficient repayment sources can apply.

Personal credit loans can be used for car purchase, house decoration, tourism and other consumption. , but generally can't be used to pay the purchase price.

The general bank will stipulate that the loan applicant shall not use the loan funds in the production, operation and investment fields explicitly prohibited by the CBRC, and the borrower shall provide proof or statement on the use of the funds.