Some people have no collateral to apply for loans, so they can only choose unsecured loans (credit loans). Unsecured loans can be applied to banks or loan companies, but many people don't know what to pay attention to when applying. Let me introduce you today.

First, we must choose formal banks and loan companies.

Nowadays, many people cheat in the name of loan companies, and people who lack safety awareness can easily fall into the trap and cause losses. So remind you, you must go to a regular bank or loan company to consult and apply, and don't trust small advertisements on the Internet easily. No formal bank or loan company will charge fees before lending.

Second, shop around.

If you are going to apply for unsecured loans in banks, compare Chinese and foreign banks, compare state-owned banks and regional banks, understand the loan products of each bank, understand the expected annualized interest rate, comprehensive loan cost and difficulty of each bank, and choose the right bank to apply for unsecured loans according to your own situation. If you are going to apply in a loan company, you should also shop around and choose the loan company that is most beneficial to you.

Through the introduction, I believe everyone has a certain understanding of the matters needing attention in applying for unsecured loans from banks or loan companies. I hope the introduction can bring you some help.