Everyone will inevitably encounter financial problems. Choosing a loan can solve many problems. There are bank loans and private loans to choose from, and legal private loans are also protected by law. For the purpose of loans, many institutions have clear regulations and are not allowed to use them for gambling or illegal activities. When borrowing money, you need to issue a statement on the purpose of borrowing money. So how do you write it? Today I compiled a model essay for your reference.

Table of loan purposes

I _ borrow (in words) RMB from the lender for _ _.

I guarantee that the purpose of the loan is legal. If the purpose is illegal, all problems will be borne by me _ _, which has nothing to do with the lender and the service provider.

Note: This manual is in duplicate, one for the lender and one for the third party company.

Borrower:

Date: Year Month Day

The above are the basic instructions for the use of loans. If you go to bank financial institutions or private lending platforms for loans, it is recommended to consult customer service staff in advance to see if there is a prescribed template, otherwise you must submit it repeatedly if you find that it does not meet the requirements.

Provisions on loan purposes:

1. Speculation

2. high interest

3. Buy stocks, funds and so on.

4. Pay the house price in the name of consumer loan.

Everyone must use the loan according to the regulations, because banks also have regulations on post-loan management. Once it is found that the use is illegal, the bank will not only recover the loan in advance, but also ask you to pay liquidated damages. This kind of transaction is actually quite uneconomical!

To sum up, if the loan funds are misappropriated, especially for some prohibited purposes, the lending institution may recover the loan in advance and record it in the personal credit information system.