In other words, as long as you want to borrow money, you can borrow as many platforms as you want.
Generally speaking, as long as the credit is good, the income is stable, and the loan principal and interest can be repaid on time, the loan can usually be successfully approved.
Of course, if an individual borrows too much under his name and frequent applications lead to long-term borrowing, the platform will give more consideration when borrowing again, and he may be worried about unstable economic life and insufficient repayment ability. If the debt is too high, it is also possible to refuse to issue loans.
Therefore, it is recommended to borrow money according to actual needs, and not to borrow money frequently.
If you apply for loans from more than a dozen platforms, it will be even more difficult to borrow in the future.
And if you don't pay on time, it will be overdue.
Once overdue, it will inevitably lead to personal credit damage. Then you won't want to borrow any more in the short term. Most platforms will directly refuse to approve loans because of credit problems.
Provide a more comprehensive credit file. It is suggested that you check your credit status through the "Pine Cone Check" before the loan, so as to better plan your personal finance and make full preparations for your financial planning.
Extended data:
What loan platform will you apply for in the next repayment?
Few loan platforms can make payments as long as they apply. Basically, they are small loan platforms that have not been approved by the China Banking Regulatory Commission and have no financial license. This kind of micro-loan application threshold is low, and many of them can pay as long as they provide their ID number or mobile phone number, even without review.
However, it is not recommended to apply, because most of them are informal, and it is easy to encounter usury and fraudsters if you are not careful.
As for formal licensed financial institutions, loans are basically subject to examination and approval before lending.
However, the conditions are not too harsh. Usually, if you maintain a good credit and have the ability to repay the loan on time, the loan will be approved smoothly.