Baixin bank asked to upload the loan use certificate.

Banks or other financial institutions require users to upload consumption vouchers after borrowing.

1. Provisions on the use of consumer loans

Consumer loans are loans issued to consumers for purchasing durable consumer goods or paying other expenses. Therefore, in the loan contract, there are usually explicit clauses that stipulate which consumption areas the loan can be used for and which areas it is forbidden to use.

For example, large-scale consumer goods, home improvement, tourism and so on. Are common consumable areas, while stocks, funds, futures, real estate and so on. It is a typical field in which consumer loans are prohibited.

Judging from the provisions on loan purposes, users are obliged to use the loan funds reasonably according to the contract, and lenders will also monitor the flow of funds through the inspection of the use certificate and the return visit after the loan.

2. Regulatory requirements of CBRC

The China Banking Regulatory Commission has always had relevant regulatory requirements, requiring banks to strengthen the review and supervision of consumer loans. One of the most important reasons is to prevent users from using consumer loan funds for housing mortgage down payment. According to the relevant regulations, the down payment must use its own funds, and the use of leverage to buy a house is contrary to the existing property market policy.

Consequences of not uploading consumer vouchers

For the behavior of not uploading consumer vouchers, or the use of funds is not standardized, the most direct consequence is that lending institutions recover loans in advance and collect illegal funds in advance.

Brief introduction of baixin bank

1. baixin bank (full name "CITIC baixin bank Co., Ltd.") was established on 20 17, and was jointly established by CITIC Bank and Baidu. It is the first state-controlled Internet bank specially approved by the State Council and led by China Banking and Insurance Regulatory Commission.

2. baixin bank has positioned itself as an AI-driven digital universal bank, bearing the mission of China's banking transformation and development experimental field, and is committed to exploring financial technology and opening up banking innovation through artificial intelligence, big data, cloud computing and other technologies. Twice selected as a sandbox innovation project supervised by the central bank, and obtained a long-term credit rating of AAA-level entities for three consecutive years.

3. baixin bank's business covers consumer finance, wealth management, auto finance, micro-loans and financial peers, and has successively released digital financial products such as Club Flower, Wallet Plus, Baidu Flash Payment Card, Hundred Cars Loan, Hundred Merchants Loan, Hundred Banks Loan and Hundred Tickets Sticker.

4.5438 June +065438+2020 10, China Banking Regulatory Commission officially approved baixin bank's capital increase and share expansion plan, and agreed to introduce Canadian pension funds as new strategic investors. "Let people enjoy a simple and reliable financial life" is our development mission.