Hitelcélok

Hitelcélok (loan purposes) are the intended uses of funds borrowed under a loan agreement. They are usually stated by the borrower and reviewed by the lender, and they help define the risk and terms associated with the credit. The stated hitelcél is often reflected in the contract and can influence how funds are disbursed and monitored.

Common hitelcélok include housing-related financing (such as purchasing, building, renovating, or refinancing a home), vehicle purchases, consumer or personal loans for everyday needs, education expenses, debt consolidation, and business-related investments or working capital. In many cases, lenders classify hitelcélok to assess credit risk and to tailor interest rates, repayment plans, and collateral requirements to the specific use of the funds.

The hitelcél meghatározása affects the lending process in several ways. It guides the appraisal of collateral, determines documentation needs, and can influence the availability of disbursement tranches. If funds are used for purposes other than those approved, the lender may view this as a breach of the agreement, potentially triggering remedies such as early repayment, penalties, or legal action.

Not all loans require a strictly defined hitelcél, especially unsecured consumer loans, but many credit products include a designated use to align expectations between borrower and lender. The concept supports risk management and ensures funds are applied to the intended economic activity or asset.