What are the main forms of consumer credit?

It is a RMB credit loan issued by the lender to solve the temporary needs of the borrower who handles the payroll business. The term is within one year, and the amount is between 2000 and 20000 yuan, which is not more than 6 times of the borrower's monthly salary, and no guarantee is needed. General loans cannot be extended.

2. Comprehensive consumer loans

It is a RMB loan issued by the lender to the borrower for unlimited specific consumption purposes, with the effective rights recognized by the lender as collateral or legal and effective real estate as collateral. The loan amount is 2,000 to 500,000 yuan, and the term is six months to three years.

3. Travel loans

It is a RMB loan issued by the lender to the borrower to pay the travel expenses, with the effective rights recognized by the lender as the pledge guarantee, or with the unit or individual with compensatory ability as the guarantor to repay the loan principal and interest and bear joint and several liabilities. The loan amount is 2,000 to 50,000 yuan, the term is 6 months to 2 years, and the down payment is not less than 30% of the actual quotation of the tourism project.

4. National student loans

It is also divided into general student loans and loans for poor students. It is a special RMB loan issued by the lender to full-time college students with financial difficulties to pay tuition and living expenses, and the education department sets up a "special account fund for student loans" to give discount.

5. Car loan

It is a special RMB loan issued by the lender to the borrower who buys a car at a special dealer. It is used to buy a car. The right recognized by the lender or the unit or individual with compensatory ability is used as the guarantor to repay the principal and interest and bear joint and several liabilities. The down payment is deposited in the loan bank, and the maximum loan amount is 70% of the car payment, and the longest period is no more than 5 years.

6. Housing loan

It is a special RMB loan issued by the lender to the borrower to purchase self-occupied ordinary houses or self-built houses for urban residents, and deposit the down payment in the bank by means of mortgage, pledge or guarantee recognized by the lender. The maximum loan amount is 70% of the house price and the longest term is 30 years. Individual housing loans are divided into individual housing loans, entrusted individual housing loans and individual housing portfolio loans.

Extended data

The significance of consumer credit

1, which can expand domestic demand

First of all, the development of consumer credit is conducive to improving consumption tendency and expanding domestic demand. Developing domestic market and expanding domestic demand are the basic foothold and long-term strategic choice of China's economic development, and effectively stimulating consumption is an important guarantee for China's long-term stable economic growth.

More importantly, China's economic operation is characterized by relative oversupply and deflation, and the consumer goods market has changed from a seller's market pattern to a buyer's market pattern; On the other hand, the household savings rate is increasing day by day, and the marginal propensity to consume is decreasing.

2. Provide impetus for economic growth.

Developing consumer credit is conducive to providing impetus for economic growth. The growth of consumption has always been the starting point and destination of economic activities, and consumption orientation is also the false truth of the development of market economy. The growth of residents' consumption and the upgrading of consumption demand structure are the fundamental driving forces for the expansion of economic scale and the evolution of economy to a higher level.

In fact, consumer credit is a sign that a person or even a nation has confidence-dare to spend the money earned in the future. Therefore, by developing consumer credit, we can fundamentally change the traditional policies and concepts of restricting consumption, organically combine consumption with labor production, stimulate workers' labor enthusiasm, improve labor productivity, and finally improve people's consumption and living standards.

3. It can optimize the social credit structure.

Developing consumer credit can optimize the social credit structure, organically combine creditor's rights and debts, thus improving the internal restraint mechanism of credit and improving the credit level of the whole society.

Developing consumer credit can optimize residents' asset structure and combine residents' income and risk through credit consumption. Consumer credit and savings have opposite effects on currency circulation. The former means using future income now, while the latter means that present income will be reused in the future.

Baidu encyclopedia-consumer credit