Borrowers are also called borrowers, and lenders are also called creditors.

Detailed process of applying for a credit card online.

1. Log in to the bank credit card online banking and select your favorite card;

2. Click "Credit Card Application";

3. Choose the appropriate application process. At present, the bank has set up two application processes for new customers and existing customers;

4. Fill in personal information in order to apply for approval;

5. When submitting a credit card application, China Merchants Bank will review the reservation information and generally inform the processing result within 7 working days.

If you are already a bank credit card holder, you need to fill out the application form online, print it out and mail it to the bank credit card center.

To apply for a bank credit card online, you need to fill in personal valid certificates such as company phone number and mobile phone number. Please fill in the form accurately and keep it in mind in order to activate the use of credit cards in the future.

What is the difference between a borrower and a lender?

1. What do you mean by borrower and lender? What are their differences?

A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities. Lenders refer to people or financial institutions that use credit funds or their own funds to issue loans to borrowers in lending activities. There are the following differences between them:

1. Lenders refer to people or financial institutions that use credit funds or their own funds to issue loans to borrowers in lending activities, generally referring to commercial banks and central banks.

2. A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities.

Second, loans and related legal knowledge of loans

General principles of loans

Article 19, Obligations of the Borrower:

1. Truthfully provide the information required by the Lender (except those that cannot be provided according to the law), truthfully provide all deposit banks, account numbers and deposit and loan balances to the Lender, and cooperate with the investigation, review and inspection of the Lender;

2. Accept the lender's supervision over the use of its credit funds and related production, operation and financial activities;

Article 22 Rights of Lenders:

1. Ask the borrower to provide information related to the loan;

2. Understand the borrower's production and business activities and financial activities. "

What is the difference between a lender and a borrower?

First, funds operate in different ways.

Lenders refer to individuals or financial institutions that use credit funds or their own funds to issue loans to borrowers in lending activities, generally referring to commercial banks and central banks.

A borrower refers to an enterprise, institution or individual that borrows monetary funds from a lender with its own credit or property as a guarantee or a third party as a guarantee in credit activities.

Second, the rights and obligations are different.

1. Rights and obligations of the lender

(1) Ask the borrower to provide loan-related information;

(2) According to the borrower's conditions, decide whether to lend, loan amount, term, interest rate, etc. ;

(3) Understand the production and business activities and financial activities of the borrower;

(4) Transfer the loan principal and interest from the borrower's account as agreed in this Contract;

(5) If the borrower fails to perform the obligations stipulated in the loan contract, it has the right to require the borrower to repay the loan in advance or stop paying the loan that the borrower has not used;

(6) When the loan will suffer or has suffered losses, measures can be taken to protect the loan from losses according to the provisions of the contract.

(7) Lenders are obliged to provide loans; If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. Lenders have the right to inspect and supervise the use of loans. If the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract. Lenders are obliged not to deduct interest from the principal in advance.

2. Rights and obligations of the borrower

(1) The borrower shall not borrow from different branches of the lender in the same jurisdiction at the same time;

(2) the obligation to inform. The borrower shall not provide the lender with false production and operation information such as balance sheet, income statement, etc., so as to prevent the borrower from using false production and operation information to borrow loans that are not commensurate with its repayment ability and affect the capital security of financial institutions;

(3) The borrower shall not use the loan to engage in equity investment. Except for a few cases otherwise stipulated by the state, China's company law, relevant enterprise law and enterprise registration system clearly stipulate that the parties to establish a company or other enterprises (including as shareholders of the company) must have the statutory minimum registered capital, and at the time of registration, these funds must be accompanied by capital verification certificates from relevant banks and certified public accountants;

(4) The borrower shall not use the loan for speculative business activities in securities and futures;

(5) Except for borrowers who have obtained real estate business qualifications according to law. No other unit or individual may engage in real estate business with loans; Borrowers who have obtained real estate business qualifications according to law shall not use loans to engage in real estate speculation;

(6) The borrower shall not seek illegal income by borrowing loans. The General Principles of Loans stipulates that the borrower shall not raise the interest rate in the financing market by transferring the original loan price (interest rate), which will affect the stability of the financial market;

(7) The borrower shall not use foreign exchange loans in violation of the provisions of the State on foreign exchange control. Before the RMB is fully convertible in China, the state will still supervise foreign exchange funds and restrict the qualifications of foreign exchange institutions to ensure the orderly and safe flow of foreign exchange funds.

Extended data

Relevant laws and regulations

1. Article 199 of People's Republic of China (PRC) Contract Law stipulates: "When concluding a loan contract, the borrower shall provide the true information about the business activities and financial conditions related to the loan according to the requirements of the lender." Article 202 stipulates: "The lender may inspect and supervise the use of the loan in accordance with the agreement. The borrower shall provide relevant financial and accounting statements and other materials to the lender on a regular basis as agreed. "

2. Article 35 of the Law of People's Republic of China (PRC) Commercial Bank stipulates: "Commercial banks should strictly examine the loan purpose, repayment ability and repayment method of borrowers." Article 36 stipulates: "Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral."

3. Article 10 of the Loan Contract Regulations stipulates: "Lenders have the right to inspect and supervise the use of loans, and learn about the borrower's plan implementation, operation and management, financial activities and material inventory. The borrower shall provide relevant plans, statistics, financial accounting statements and materials. "

4. Article 19 of the General Rules for Loans stipulates: "Obligations of the Borrower:

1. The Lender shall truthfully provide the information required by the Lender (except those that cannot be provided by law), and truthfully provide the Lender with all bank accounts, account numbers and deposit and loan balances, and the Lender shall cooperate with the investigation, review and inspection;

Two, should accept the lender's supervision of its use of credit funds and related production, operation and financial activities; ? When intransitive verbs endanger the creditor's rights, they shall promptly notify the lender and take preservation measures. Article 22 stipulates: "Lender's rights:? 1. Ask the borrower to provide information related to the loan; ? Third, understand the borrower's production and business activities and financial activities. "

Before applying for a loan, the borrower must provide relevant information to prove its property foundation:

Company information

1. Business license, organization code certificate, account opening permit, tax registration certificate, articles of association, capital verification report and loan card.

2. The annual report, three-month financial statement and six-month company statement within three years before the company borrows money.

3. Business premises lease contract and proof of rent payment, and water and electricity charges for the past three months.

4. Various tax forms and signed purchase and sale contracts in the last six months (if any).

5. Proof of assets under the name of the enterprise.

personal data

1, ID card of borrower and spouse.

2. Identity cards of property owners and spouses.

3. Household registration books of the borrower and the property owner.

4. Marriage certificates of the borrower and the property owner.

5, personal assets, such as real estate, cars, stocks, bonds, etc.

6. Personal bank flow in the past six months or a year.