Preferred loan is an institution that provides personal credit loan services. Applicants should be aged between 20 and 60, and provide necessary materials such as ID card, real-name registration system mobile phone number, bank card and emergency contact person. Different from the traditional mortgage loan, the preferred loan does not require the borrower to provide any form of collateral or conduct credit inquiry. For the first application, the next paragraph will give an initial amount, which is 1000-3000 yuan in the preferred loan. This initial limit will be gradually adjusted and increased according to the borrower's performance in paying off debts and paying interest on time. How much money you can get depends on each borrower's own good performance in paying back the money and the accumulation of credit records.