How to know your credit information?
1. Debt
Loans other than mortgages are considered liabilities, and the higher the liabilities, the more money they lack (banks will also evaluate the assets under the customer's name).
Step 2 expire
Divided into historical overdue and current overdue. If it is overdue now, it will be over. Loan sharks don't have to borrow money, let alone banks. History is overdue for no more than six times or three consecutive times in two years, which is what we often call "three consecutive six"
3. Number of queries
The number of inquiries refers to the number of loan applications. Every loan application, including Alipay's loan, is based on the bank's credit card. If there are too many inquiries in a certain period of time, it means that the borrower is short of money, which is what we often call "spending money" on credit information.
Generally, the condition for applying for a bank credit loan is that the number of inquiries in the past three months should not exceed 9 times, which is extremely difficult.
After confirming that there is no problem with credit information, you need to recognize your actual situation.
People are divided into three classes, and meat is five flowers and three layers. This is especially true in the eyes of banks. The bank's determination of whether a borrower is suitable for lending often depends on the nature of the borrower's work unit, personal income and the value of assets under his name. Together, these factors all point to one direction "repayment ability"
1. The nature of the work unit
The better the nature of the borrower's work unit, such as state-owned enterprises, institutions, top 500 in the world, top 500 in China, etc. It means that the more stable a borrower's job is, the more stable his repayment ability will be.
2. Personal income
The higher the borrower's income, the higher the borrower's repayment ability.
(Personal income is mainly reflected in personal punching wages)
3. Assets in your name
The assets under the borrower's personal name are also a guarantee for the bank. In the case that the borrower is unable to repay the loan, the bank can also apply to the court to execute the assets under the borrower's name to offset the borrower's arrears.
4. Payment of provident fund
The longer the provident fund is paid, the longer the borrower works, the more the amount is paid and the more the borrower earns. These conditions all point to the borrower's repayment ability.
After understanding your personal situation, you need to analyze your needs in detail.
First, the repayment method
There are two ways to repay the loan:
1. Equal principal and interest
The repayment method of equal principal and interest is to repay the principal and interest together every month, and the interest will decrease with the decrease of the principal. This repayment method is generally suitable for long-term use. Not suitable for prepayment.
2. Interest first, then capital.
The repayment method of interest before principal is to repay the principal after the expiration of each month, which has little repayment pressure and is suitable for short-term turnover.
Second, the amount.
Different banks have different quotas. The maximum amount of a single bank is generally within 300,000-500,000, and individual banks can reach 800,000.
You need to choose the corresponding banking products according to your own needs.
If the demand for credit line is high, exceeding 654.38+0 million, at this time, multiple banks need to apply at the same time, and the application order cannot be wrong. At this time, you need to strictly control your "query times".
Different banks have different access conditions, one of which is the number of inquiries. For example, Bank A requires the borrower to make no more than one inquiry in the last two months, and Bank B requires the borrower to make no more than two inquiries in the last two months. At this time, you need to apply for the products of Bank A first.
Third, interest rates.
Different banks have different interest rates on loan products.
By comparing one's own needs with one's personal qualifications, while meeting one's own needs, choosing the bank product with the lowest interest rate can save the interest rate cost of the loan.
In order to show the access conditions of banks more clearly, the following are the basic conditions and materials to be prepared for applying for credit loans.
(1) Basic information
1. Credit investigation
Good credit record, no excessive debt, no current overdue, no above.
Your income must cover 1.5 times of the monthly repayment amount of all loans. (The higher the better)
4. Work situation
Work for more than 6 months (a few banks can work for 3 months)
5. Age
Between the ages of 22 and 55
6. Nationality
Chinese mainland residents
7. No negative information such as criminal cases and bad records.
8. Non-high-risk occupations or other prohibited industries
(2) Prepare materials
1. Original ID card
2. The original work income certificate, so as to affix the personnel or financial seal of the unit;
3. All the details of the running water in the past year are printed on the salary card, and the bank seal is required (not just the salary).
4. Joint provident fund card
5. Master's degree, the real estate licenses of all the houses under his name, if any, are unnecessary, because more assets can cover liabilities. Providing the original can increase the quota.
After preparing the materials, you can go to the bank to sign in person. The process is simple. After signing, you can go home and wait for the quota.
Some banks are fast, others are slow. Generally, the loan can be released within 7 working days.
Ok, that's all for this issue. I wish you all a smooth loan application and full payment! Full payment! Full payment!
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