I. Application conditions
1. A natural person with full capacity for civil conduct, and the applicant is over 18 years old on the maturity date of the loan, generally not over 55 years old.
2. Have permanent residence or valid residence status in the town where the loan bank is located.
3. It has legal and stable economic income, good credit and the ability to repay the principal and interest of the loan.
4. Have a clear consumption intention or have signed a relevant consumption contract, and can provide a guarantee recognized by the lender.
Second, the application materials
1. Provide valid identity documents and household registration certificate, marital status certificate and personal income certificate.
2. Relevant materials or documents confirming consumption behavior, including sales contracts, agreements or other valid documents.
3. The personal consumption loan application form can be obtained at the sales outlets of the applicant bank.
4. Other materials required by the bank.
Third, the bidding process
1. The borrower shall fill in the application form at the loan processing outlet with valid ID, pledge certificate, mortgage certificate and guarantor guarantee. The bank will reply to the borrower within 15 days after investigating the borrower's guarantee and credit.
2. After the borrower's application is approved, it shall sign a loan contract and corresponding guarantee contract with the bank.
3. During the validity period of the credit line and the available credit line, the borrower can use it at any time. When using it, he should fill in the loan to use a single loan. The bank transfers the loan funds to the account agreed in the contract.
4. The borrower can recycle the loan within the validity period of the line, and the available line is the difference between the line approved by the bank and the principal balance of each loan under the line. After the borrower withdraws the loan every time, the available amount will be deducted accordingly, and after the borrower repays the loan principal every time, the available amount will increase accordingly.
5. Before the limit expires, the borrower shall pay off all the loan principal and interest under the limit, and go through the formalities of mortgage and pledge registration cancellation at the bank within 20 days after paying off the loan principal and interest, and the Loan Contract signed by the borrower and the bank will automatically terminate.
What kinds of personal consumption loans are there?
1 Personal short-term credit loan
It is a RMB credit loan issued by the lender to solve the temporary needs of the borrower who handles the payroll business. The term is within one year, and the amount is between 2,000 yuan and 20,000 yuan, and it does not exceed 6 times of the borrower's monthly salary, and no guarantee is required. Under normal circumstances, loans cannot be extended.
2. Personal comprehensive consumer loans
Personal comprehensive consumption loan is a RMB loan issued by the lender to the borrower, which is not limited to specific consumption purposes, and is guaranteed by the effective rights pledged by the lender or legal and effective real estate. The loan amount is 20 million to 500 thousand yuan, and the term is six months to three years.
3. Personal travel loans
Personal travel loan is a RMB loan issued by the lender to the borrower to pay the travel expenses. The effective rights recognized by the lender are used as pledge guarantee or units or individuals with compensatory ability are used as guarantors to repay the loan principal and interest and bear joint and several liabilities. The loan amount is 2,000 to 50,000 yuan, the term is 6 months to 2 years, and the down payment is not less than 30% of the actual quotation of the tourism project.
4. National student loans
National student loans are divided into ordinary student loans and poor student loans. They are special RMB loans issued by lenders to full-time college students with financial difficulties to pay tuition and living expenses, and the education department has set up a "special account fund for student loans" to give discount.
5. Personal car loan
Personal car loan is a special RMB loan issued by the lender to the borrower who buys a car at a special dealer for buying a car. The right recognized by the lender or a unit or individual with compensatory ability is used as the guarantor to repay the principal and interest and bear joint and several liabilities, and the down payment of the car is deposited in the loan bank. The maximum loan amount is 70% of the car payment, and the longest period is no more than 5 years.
6. Personal housing loan
Personal housing loan is a special RMB loan issued by the lender to the borrower for the purchase of self-occupied ordinary housing or urban residents' housing for repair or self-construction, and the down payment is deposited in the bank by mortgage, pledge or guarantee approved by the lender. The maximum loan amount is 70% of the house price, and the longest term is 30 years. Individual housing loans are divided into individual housing loans, entrusted individual housing loans and individual housing portfolio loans.
7. Online consumer loans
Internet consumer loans, not only e-commerce platforms and P2P platforms have launched products one after another, but also traditional banking financial institutions have discovered new business hotspots and launched characteristic consumer loans one after another. With the payment records of the provident fund, payroll records, social security cards, etc. They can apply for personal consumption loans, which can be used for decoration, car purchase, tourism and other consumption. Some banks even launched Internet loan products, and cancelled the troublesome approval procedures such as "collateral" and "credit qualification" to allow more consumers to participate.
8. Decoration loan
Decoration loan is the main product type of personal consumption loan, which has little to do with mortgage loan and has its own relative independence. The main amount of the loan can only be used for decoration and cannot be used for other purposes.