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

Article 11? Personal 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:

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

Nineteenth loan risk assessment should be based on the analysis of the borrower's cash income, using quantitative and qualitative analysis methods, comprehensive and dynamic loan review and risk assessment.

The borrower's independent payment means that the lender directly pays the loan funds to the borrower's account according to the borrower's withdrawal application, and the borrower independently pays the borrower's transaction object that meets the purpose agreed in the contract.

Article 20? The lender shall, in accordance with the provisions of laws and regulations and the provisions of the loan contract, investigate the liability for breach of contract for the borrower's failure to provide true and complete information as promised in the contract and to use and pay the loan as agreed in the contract.

Baidu Encyclopedia-Interim Measures for the Administration of Personal Loans