Personal consumption loans, commonly known as consumer loans, are secured loans issued by banks to borrowers for designated consumption purposes. Uses include house decoration, purchase of various kinds of large durable consumer goods, travel, study and other personal consumption, and may not be used in high-risk areas such as house purchase and stock trading.
Consumer loans are also called "consumer loans". Loans to consumers for purchasing durable consumer goods or paying various fees. For a long time, commercial banks mainly provide loans to industrial and commercial enterprises or other institutions and groups, and generally do not provide subsidies for personal consumption expenditures.