no. Consumer loans mainly refer to personal consumption loans other than mortgage loans and car loans, which are divided into cash loans and consumption installments. Consumer loans can only be used for daily consumption, and banks will also track the use of consumer loans. Once it is found that consumer loans are used for non-consumer purposes, risk control will be carried out, so don't repay credit cards with consumer loans.

what is a bank consumption loan?

Bank consumption loans refer to loans issued by banking institutions to consumers for purchasing durable consumer goods or paying for other consumption. For example: housing decoration, cars, home appliances, color TV sets, refrigerators, computers, etc., you can also apply for bank consumer loans to travel and vacation, and pursue further studies. Bank consumption loan allows people to release their consumption in advance, which can not only improve their quality of life, but also force borrowers to work harder because of their responsibility, which is a change of consumption concept.