Personal housing loan. Personal loans refer to loans granted by banks to individuals to meet their various financial needs. Personal housing loan is the main body of personal loan business in China. Since the reform and opening up, with the rapid and stable development of China's economy and the improvement of residents' consumption demand, the personal loan business has initially formed a loan system with personal housing loans as the main body, personal car loans, personal education loans and personal business loans.
Who is the subject of the loan? Can institutions borrow money?
The subject of the loan, that is, the subject of the loan contract, refers to the borrower and the lender. Borrowers refer to legal persons, other economic organizations, individual industrial and commercial households and natural persons who have obtained loans from Chinese-funded financial institutions engaged in loan business. First of all, the borrower should be an enterprise (institution) legal person, other economic organization, individual industrial and commercial household or natural person with China nationality and full capacity for civil conduct approved and registered by the administrative department for industry and commerce (or competent authority). Secondly, to apply for a loan, the borrower should have basic conditions such as marketable products, profitable production and operation, no misappropriation of credit funds, and abiding by credit, and should meet the following requirements: 1. The borrower has the ability to repay the principal and interest on schedule, and the original loan interest payable and the loan due have been paid off; If there is no repayment, a repayment plan approved by the lender has been made. 2. Except for natural persons and enterprise legal persons who do not need the approval and registration of the industrial and commercial department, the industrial and commercial department shall handle the annual inspection procedures. 3. basic account or general deposit account has been opened. 4. Unless otherwise stipulated by the State Council, the cumulative overseas equity investment of limited liability companies and joint stock limited companies shall not exceed 50% of their total net assets. 5. The borrower's asset-liability ratio meets the requirements of the lender. 6. To apply for medium and long-term loans, the ratio between the owner's equity of the new project enterprise as a legal person and the total investment required for the project shall not be lower than the capital ratio of the investment project stipulated by the state. Lenders refer to Chinese-funded financial institutions legally established in China to engage in loan business, excluding national policy banks and foreign-funded financial institutions (including foreign capital, Sino-foreign joint ventures and branches of foreign financial institutions). Lenders must be approved by the People's Bank of China, hold the Legal Person License for Financial Institutions or the Business License for Financial Institutions issued by the People's Bank of China, and be approved and registered by the administrative department for industry and commerce before engaging in loan business.
What is the difference between the loan subject and the subject qualification? What elements are included?
The main body of the loan refers to the main body that handles the loan, such as family, enterprise or group.
Subject qualification refers to whether a person has the qualification to apply for a loan as a subject. The most basic thing is whether a person with full capacity, valid documents and economic strength can meet the loan requirements.
Let's stop here for the introduction of what the loan subject means.