Article 52 of the Contract Law is invalid under any of the following circumstances:
(1) One party enters into a contract by means of fraud or coercion, which harms the interests of the state;
(2) Malicious collusion that harms the interests of the state, the collective or a third party;
(3) Covering up illegal purposes in a legal form;
Harm the public interest;
(5) Violating the mandatory provisions of laws and administrative regulations.
The application conditions for loan processing are as follows:
1. China citizens with permanent residence, permanent residence or valid residence certificate at the place where the loan bank is located, aged 18-65 years old (inclusive) and with full capacity for civil conduct;
2. Have a proper occupation and stable income, and have the ability to repay the loan principal and interest on schedule;
3. Have a good credit record and willingness to repay, and have no bad credit record;
4. Being able to provide legal, effective and reliable guarantee recognized by the bank;
5. There is a clear loan purpose, and the loan purpose is in compliance with relevant regulations;
6. Other conditions stipulated by the bank.
The loan application materials prepared by the Lender are as follows:
(1) loan application approval form; (The lender shall fill in directly at the lending institution)
(2) Personal identification materials; (ID card, household registration book, proof of marital status, etc. )
(3) proof of residential address; (Certificate issued by neighborhood committee or invoice for water and electricity payment)
(4) proof of work income;
(5) Other information required by the bank.