Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee.

Guaranteed loan refers to a loan issued by a third party in the form of guarantee stipulated in the Guarantee Law of People's Republic of China (PRC), with the promise that the borrower will bear joint liability according to the agreement when it fails to repay the loan on time.

Mortgage loan refers to the loan issued with the property of the borrower or a third party as collateral according to the guarantee method stipulated in the Guarantee Law of People's Republic of China (PRC).

Pledged loan refers to the loan issued with the movable property of the borrower or a third party as collateral according to the guarantee method stipulated in the Guarantee Law of People's Republic of China (PRC).