Consumer loan transfer account is an electronic account. After the user successfully obtains the consumer loan, the system will automatically set up an electronic account for the user when using it, and the user can spend, transfer money or withdraw money through the electronic special account. Transfer refers to the process that the bank directly transfers the loan account issued to the deposit account established by the borrower in the bank according to the loan agreement. The above is the meaning of consumer loan transfer account.

Can I buy a car with a bank loan?

Bank consumer loans can be used to buy a car, which belongs to the purchase of large items and also belongs to a consumption purpose. In addition to buying a car, it can also be used for holiday travel, decoration, education and other consumption. For bank consumer loans, it is only forbidden to use loans to buy houses, invest in stocks and other high-risk investment behaviors and participate in punishment.

Are consumer loans the same as credit cards?

Consumer loans are different from credit cards. Consumer loans and credit cards have the following differences:

1, the loan amount is different: although credit card is also a kind of consumer loan, the amount is generally between thousands and tens of thousands, while the traditional consumer loan amount is as high as several million. Therefore, if users have a large demand for capital consumption, it is best to choose traditional consumer loans;

2. Different loan terms: after credit card consumption, the lender can apply for installment, but the installment period is generally only three years at most, while the traditional consumer loan period can reach five years at most;

3. Different application fields: when applying for consumer loans, lenders need to provide real proof of use, in other words, loans need to be transferred for special purposes, while credit cards have a wide range of applications and do not need to provide proof of use;

4. Different fees: Credit cards have a certain repayment period, up to 56 days. In other words, the user repays in full within the specified time, and the issuing bank does not deduct interest; The traditional consumer loan has no repayment period, so as long as the lender successfully obtains the loan, it needs to pay interest;

5. The application procedures are different: the application procedures for consumer loans are more troublesome, the bank review is stricter, and the next payment is slower; However, it is very easy to apply for a credit card. As long as you can provide good work certificates, personal income and identity documents, it is easy to get them and the examination time is short.

This paper mainly writes about the meaning of consumer loan transfer account and related knowledge points, and the content is for reference only.