Personal loans from China Merchants Bank are all issued according to the purpose of the loan. When applying for a loan, you need to submit a written certificate of loan use. At present, loans can be used for the following purposes: car purchase, parking, decoration, teaching materials, bulk consumption, shopping, tourism and other legitimate personal or family consumption, as well as business turnover purposes. Whether you can apply for a loan for a specific purpose, it is recommended that you directly consult the personal loan department of the local outlet for confirmation.
2. What are the common types of bank loans?
Loans are classified according to different standards, mainly including the following: ① According to the loan term, loans can be divided into long-term loans, medium-term loans and short-term loans. Long-term loans are loans with a loan term of more than 5 years (excluding), medium-term loans are loans with a loan term of more than 1 year (excluding) and less than 5 years (including), and short-term loans are loans with a loan term of 1 year (including). (2) According to whether the loan is secured, the loan can be divided into credit loan and secured loan. Credit loan refers to the loan that the bank issues entirely by virtue of customers, without providing collateral or third-party guarantee. Credit loans are generally only granted to large companies with high reputation. Secured loan refers to a loan with certain property or credit as repayment guarantee. According to the different ways of repayment guarantee, it can be divided into mortgage loan and guaranteed loan.
3. What are the types of bank loans?
Now is an era of rapid development of the Internet. People can handle many things with their mobile phones and computers without leaving home. For example, bank loans, such as applying for bank credit cards, buying funds through stock trading, etc. When it comes to bank loans, everyone is interested. Mortgage and car loans are almost hot topics.
It is not surprising that a family is in debt. Even having debt can bring huge benefits to a family. Mortgage and car loan are only temporary. As long as you get through the most difficult period, you will have a good life. There are many kinds of bank loans. Do you know which ones? According to what classification?
1. Classification by loan object.
If bank loans are classified according to loan objects, they are divided into personal loans, corporate loans and so on. Not every enterprise and individual can successfully borrow money from the bank. Take personal loans as an example. Adults who need 18 years old or older have enough financial ability to repay bank loans and are not blacklisted by banks. At the same time, this person's debt should not be too high.
If a person is in high debt, even if his monthly salary is high, it does not mean that his salary is fixed and his job is risk-free. Therefore, when individuals borrow money from banks, banks will consider all aspects comprehensively, and debt is a very important one. Only by meeting these conditions can such individuals successfully apply for bank loans.
Corporate loans also need to submit relevant materials, and banks will look at a company. Balance sheet, income statement, cash flow statement, etc. It depends on the audit report of a company. If it is a fortune 500 enterprise, the audit report of bank loan is essential.
2. according to the length of time.
According to the length of time, bank loans can also be divided into short-term loans, medium-term loans and long-term loans. Among them, short-term loans refer to loans that will be repaid within one year. Medium-term loans refer to loans with a term of more than one year but not more than five years. Long-term loans refer to loans with a term of more than five years. The interest rate to be paid for different loan terms is different. Generally speaking, the longer the loan term, the higher the interest rate may be.
3. It can also be distinguished by repayment.
There are many ways to repay the loan. Some people choose to repay on demand, some choose to repay regularly, and some choose to overdraw. A demand loan means that when a person borrows a sum of money from a bank, if he can't pay it back in a short time, he can repay it in installments.
The term loan is just the opposite, that is, the one-time principal and interest are all returned to the bank. When it comes to overdraft, people will definitely think of bank cards. It is true that a bank card can be overdrawn by spending first and then repaying, but it is actually a loan method only by returning the overdrawn money on time.
Generally speaking, there are many types of bank loans, and different types of loans can be classified according to different classification standards. For example, according to the different loan objects, it can be divided into personal loans and corporate loans. According to the different repayment methods, it can also be divided into demand loans, term loans and overdrafts. According to the length of the loan period, it can also be divided into three different loan methods.
4. What is the five-level classification of bank loans?
Bank loans are divided into five categories: normal loans, concern loans, subprime loans, doubtful loans and loss loans.
Normal: Normal means that the borrower has applied for interest payment and the bank is completely satisfied that the borrower can repay the loan on time;
Concern category: Concern category means that the borrower's current repayment ability interferes with the repayment of Hailiao, which is judged by the bank.
Subgrade: Subgrade means that the borrower has obvious problems in repayment ability and needs to pay off the loan by mortgage or financing depending on its use. The loan loss rate is between 30% and 50%;
Suspicious: Even mortgage or guaranteed repayment will cause certain losses. The loan loss rate is between 50% and 75%, and the loan cannot be repaid in any case. The loan loss rate has reached 75% to 80%.