1. Classification of loan purposes 1. Daily consumption: such as buying a house, buying a car, buying expensive goods, decoration, studying abroad, traveling, beauty, etc. These are relatively common loan purposes. 2. Investment and financial management type: Some people lack investment funds, so they will apply for loans for stock trading, investment and financial management, or even gambling and high-interest loans. 3. Production and operation type: Small and medium-sized enterprises or entrepreneurs, in order to meet normal needs, apply for loans to purchase raw materials, goods, equipment, store decoration, etc. 4. Help others with loans: Some people will help people around them who do not meet the conditions, such as relatives and friends, to apply for loans out of sympathy. 5. False loans: For example, fake mortgages for real estate properties. In order to obtain funds, developers use the borrower's false identity to purchase a house to obtain loans.
2. What are the consequences if the purpose of the loan does not match the actual purpose? If it is just a small difference, it may be caused by the borrower's lack of understanding of the loan, or it may be because he is applying for a product with a higher limit and lower interest rate. As long as it does not violate bank regulations and the bank does not find out, the impact will not be big. , just pay back on time and maintain good credit. However, applying for a loan for investment and financial management, illegal activities, lending to others, false loans, etc. are not allowed. Once found, you may be required to settle the loan in advance, and you will also bear certain legal liabilities.