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What is the difference between commercial loans, provident fund loans and portfolio loans?
Commercial loan refers to a loan provided by commercial institutions such as banks to individuals and enterprises. Mainly used for commercial investment and unsecured consumption.

Provident fund loans refer to loans granted to individuals by provident fund institutions managed by the government, which are mainly used for purchasing houses, vehicles and other consumer purposes.

Portfolio loan refers to the loan that commercial institutions and government provident fund institutions participate in lending at the same time, and the loan is used to pay for large consumption such as buying a house.

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