Legal analysis: it can be handled at the local bank. Conditions for applying for small loans: 1, Chinese mainland residents aged 18; 2. Have a stable address and work or business place; 3. Have a stable source of income; 4. There is no bad credit record, and the purpose of the loan cannot be used for stock trading and gambling; 5. Other conditions required by the bank.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.