What is the maximum loan period for personal consumption loans?

The maximum loan period shall not exceed 20 years (taking personal housing mortgage loans as an example, commercial loans generally have a maximum period of 20 years); at the same time, a property mortgage, pledge or third party recognized by the lending bank must be provided Guarantee (some banks only accept mortgage or pledge) as a loan security condition.

Application conditions

1. A natural person with full capacity for civil conduct, and the applicant is over 18 years old and generally not over 55 years old on the loan maturity date;

< p>2. Have permanent residence or valid residence status in the city where the loan bank is located;

3. Have legal and stable economic income, good credit, and the ability to repay the principal and interest of the loan;

4. Have clear consumption intention or have signed a relevant consumption contract;

5. Be able to provide a guarantee recognized by the lender.

Relevant information

1. Provide valid ID and household registration certificate, marriage status certificate, personal income certificate;

2. Corresponding information confirming consumption behavior or Documents (sales contract, agreement or other valid documents);

3. Personal consumption loan application form (can be obtained from the sales outlet of the applying bank);

4. Information required by the bank other materials.

Extended information:

At present, personal consumption loans of commercial banks in my country are in their infancy, and there are not many types. The main ones are:

1. Personal short-term credit loans . It is issued by the lender to meet the temporary needs of the borrower for whom the bank handles salary payment business. The period is within one year, the amount is between 2,000 yuan and 20,000 yuan, and does not exceed 6 times the borrower's average monthly salary income. No need Provide guaranteed RMB credit loans. The loan generally cannot be extended.

2. Personal comprehensive consumption loan. It is a loan issued by the lender to the borrower without limiting specific consumption purposes, and is pledged with valid rights recognized by the lender or can be secured with legal and valid real estate. The loan amount is between 2,000 yuan and 500,000 yuan, and the term is between six months and three months. years of RMB loans.

3. Personal travel loan. It is issued by the lender to the borrower to pay for travel expenses, with valid rights recognized by the lender as pledge guarantee, or a unit or individual with the ability to repay the loan provides a guarantee as a guarantor for repaying the principal and interest of the loan and taking joint and several liability. The loan amount is within RMB loans ranging from 2,000 yuan to 50,000 yuan, with terms ranging from six months to two years, and providing no less than 30% of the down payment of the actual quotation of the tourism project.

4. National student loans. It is also divided into general student loans and loans for extremely poor students. They are issued by lenders to undergraduate and junior college students with financial difficulties in full-time colleges and universities to pay tuition and living expenses. The "student loan special account funds" are set up by the education department. "Grant special RMB loans with discounted interest rates.

5. Personal car loan. It is a guarantee issued by a lender to a borrower who purchases a car at a special dealer for the purpose of purchasing the car. A unit or individual who pledges the rights recognized by the lender or has the ability to repay the loan acts as a guarantor for the repayment of the principal and interest of the loan and is jointly and severally liable. Deposit the first installment of the car payment in the lending bank, with a maximum borrowing amount of 70% of the car payment and a special RMB loan with a maximum term of no more than 5 years.

6. Personal housing loan. It is issued by the lender to the borrower for the purchase of ordinary houses for self-use or for urban residents to repair or build houses for themselves. The first installment of the house payment is deposited in the bank with a mortgage, pledge or guarantee approved by the lender, and the maximum borrowing amount is the house payment. 70% of RMB special loans with a term of up to 30 years. Personal housing loans are divided into three types: self-operated personal housing loans, entrusted personal housing loans and personal housing portfolio loans.

In addition, there are personal small loans, personal durable consumer goods loans, personal home decoration loans, wedding loans, labor loan and various special loans derived from the above loans.

Baidu Encyclopedia-Personal Consumption Loan