Consumer Loan Agreement

Contract No.: _________________________
Place of Signing: ______________________
Date of Signing: ____ / __ / ____

Article 1. Parties to the Agreement

Party A (Lender): ___________________________
Unified Social Credit Code / Business License No.: _______________________
Registered Address: _________________________________________________
Contact Person & Contact Information: _________________________________

Party B (Borrower): ___________________________
ID Card No. / Passport No.: _______________________
Address: _________________________________________________
Contact Information: _________________________________

Article 2. Loan Amount and Purpose

  1. Loan Amount: RMB ______ (or USD ______).
  2. Purpose of Loan: Party B undertakes to use the loan for consumption purposes, including the purchase of goods, services, or personal living expenses, and shall not use the loan for any other purpose.

Article 3. Loan Term

  1. Start Date: ____ / __ / ____.
  2. Maturity Date: ____ / __ / ____.
  3. Loan Term: ______ months/days, commencing from the actual date of disbursement.

Article 4. Interest Rate and Fees

  1. Interest Rate: Annual rate ______% (or monthly rate ______%), calculated on an actual day basis.
  2. Service Fee and Other Charges (if applicable): RMB ______ or equivalent costs.
  3. Payment of Interest and Fees: □ Lump sum with principal □ Installments □ Monthly (as agreed by both parties).

Article 5. Repayment Method

  1. Repayment Method:
    • □ Lump sum repayment of principal and interest
    • □ Equal principal and interest
    • □ Monthly interest payment with principal at maturity
    • □ Other: _______________________
  2. Repayment Account (designated by Party A):
    • Bank Name: _______________________
    • Branch: _______________________
    • Account Holder: _______________________
    • Account Number: _______________________
  3. Party B shall make repayment of principal and interest on schedule to the above-designated account.

Article 6. Early Repayment

  1. Party B may repay all or part of the loan in advance. Interest shall be calculated based on the actual days of loan usage.
  2. Early repayment requires ____ days’ prior written notice to Party A and confirmation of the settlement amount by both parties.

Article 7. Guarantee (if applicable)

  1. This loan may be secured by mortgage, pledge, or a guarantor. Specific arrangement: _______________________.
  2. The scope of guarantee includes principal, interest, and any costs arising from default.
  3. Information of the collateral or guarantor: _______________________.

Article 8. Liability for Breach of Contract

  1. Overdue Repayment: If Party B fails to repay on time, a penalty of ______% per day shall be applied to the overdue portion. Party A has the right to demand immediate repayment of the entire loan and interest.
  2. Any collection costs, litigation costs, and related expenses due to Party B’s default shall be borne by Party B.
  3. If Party A fails to provide the loan as agreed, Party A shall bear the corresponding liability.

Article 9. Rights and Obligations of the Parties

  1. Party A (Lender):
    • Provide the loan in accordance with this Agreement;
    • Collect interest and fees as agreed;
    • Supervise the use of the loan to ensure lawful use.
  2. Party B (Borrower):
    • Use the loan strictly for the agreed purpose;
    • Repay principal and interest on schedule;
    • Provide true and accurate information, and cooperate with Party A’s supervision.

Article 10. Dispute Resolution

  1. This Agreement shall be governed by the laws and regulations of the place of signing.
  2. Any disputes arising during the performance of this Agreement shall first be resolved through negotiation; if negotiation fails, either party may submit the dispute to the arbitration commission or the People’s Court at the place of signing.

Article 11. Miscellaneous

  1. Matters not covered in this Agreement shall be supplemented in writing, and such supplements shall have the same legal effect as this Agreement.
  2. This Agreement is executed in two (2) originals, with each party holding one, and shall take effect upon signing and/or sealing by both parties.
  3. Both parties confirm that electronic signatures and paper signatures are equally valid.

Signatures

Party A (Lender): ___________________ (Seal/Signature)
Date: ____ / __ / ____

Party B (Borrower): ___________________ (Signature)
Date: ____ / __ / ____