Personal travel consumption payment ratio

No more than 70% of total consumption. According to Hualu.com, personal consumption loans refer to loans carried out by banks, in addition to housing mortgage loans, that borrowers apply to banks for purchasing other items, such as personal car loans, personal decoration loans, student loans, etc. For loans for personal consumption, consumer loan applicants must also have a contract or agreement to purchase consumer goods, or have needs for personal consumption such as education, tourism, etc.; in principle, the loan amount shall not exceed 70% of the total consumption; and have a loan approved by Bank of China Mortgage or pledge guarantee, or a unit or individual with sufficient repayment capacity as a guarantor, etc.