1. How old can a bank loan be?
Loan conditions:
1. Chinese citizens who have a fixed residence or a valid residence certificate in the location of the loan, are aged 18 to 60 years old (inclusive) and have full capacity for civil conduct;
2. Have the ability to repay the principal and interest of the loan on time;
3. Have a good credit record and willingness to repay, and no bad credit record;
4. There must be no bad records left in the content bank
5. If your monthly income is more than 2,000 yuan
You can apply for a loan if you meet the above conditions.
2. What is the age limit for loans?
1. Chinese citizens aged 18-65 who have a fixed residence in China, permanent residence in local cities and towns; abide by laws and regulations, have no illegal activities or bad credit records; have legitimate and stable economic income Good occupation and the ability to repay the principal and interest of the loan on time; other conditions specified by the bank.
2. As long as you are over 18 years old, you can apply for a bank loan. If you are over 60 years old, the bank will not grant a loan. However, some banks can relax the loan limit up to 65 years old. Also note that you The age plus the loan term cannot exceed 65 years old. For example: if a 55-year-old person goes to the bank for a loan, the maximum term of his loan is 10 years, because 5510=65.
3. Loan age limit How old
Legal subjectivity: There are age limits for bank loans. According to bank personal loan regulations, the age limit for loans in China is over 18 years old and under 65 years old. Individual banks may be different. Please consult the relevant bank staff for specific circumstances. Personal mortgage loan application conditions: 1. A natural person who is 18 years old (inclusive) or above and 65 years old (inclusive), has a legal and valid identity certificate, residence certificate, income certificate, no bad credit record, and has full civil capacity; 2. Application The sum of the person's age and the loan period does not exceed 70; 3. There is a housing purchase contract or agreement, and the borrower pays a down payment that meets the regulations; 4. The borrower's career and economic income are stable, and he has the ability to repay the principal and interest of the loan; 5. Have an effective guarantee approved by the handling bank; 6. Open a personal settlement account at the handling bank, and handle settlement business such as loan disbursement and repayment through the natural life family financial card; 7. Other conditions stipulated by the handling bank.
4. What is the loan age limit?
The loan age limit is 60 years old for men and 55 years old for women. Of course, some banks have extended the mortgage loan age from 65 to 70 years old, but only a few banks can use this age to apply for a loan. In most cases, if the upper age limit for loan application is met, the loan application will not be approved.
As for the minimum age limit for loans, users are generally required to be over 18 years old, and some loans require applicants to be 22 years old or above.
Loan means that banks, credit unions and other institutions lend money to units or individuals who use the money, and generally stipulate interest and repayment dates.
A general term for lending funds in a broad sense. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Microcredit
1. Review risks
The occurrence of loan risks often occurs in comprehensive judicial practice. It can be seen that loan risks will arise in the following links.
(1) Credit risk is omitted from the review content. Loan review is a detailed work that requires investigators to conduct systematic inspection and investigation of the asset and property status of the loan subject.
(2) In practice, some commercial banks do not conduct due diligence, but the loan review personnel often only pay attention to it. In this way, it is difficult to identify fraud in loans and it is easy to cause credit risks.
(3) Many erroneous judgments are caused by banks not seeking expert opinions on the relevant content or having professionals make professional judgments. During the loan review process, it is not only necessary to ascertain the facts, but also to make professional judgments on the relevant facts in legal, financial and other aspects. In practice, most loan review processes are not very rigorous and in place.
Repayment method
(1) Equal repayment of principal and interest: a method of equal repayment. Housing provident fund loans and commercial personal housing loans from most banks adopt this method. This method monthly
(2) Equal principal repayment: that is, the borrower divides the loan amount equally and pays off the previous transaction at the same time. In this way, the monthly repayment amount decreases month by month;
(3) Monthly interest payment and principal repayment when due: that is, the borrower’s principal [applicable to loans with a term of less than one year (including one year)] ), the loan accrues interest on a daily basis, and the interest is returned on a monthly basis;
(4) The bank can apply to repay part of the loan amount in advance. The general amount is 10,000 or an integral multiple of 10,000. After repayment, at this time The lending bank will issue a new repayment plan, in which the repayment amount and repayment period will change, but the repayment method will remain unchanged. After the original loan period
(5) Repay all in advance Loan: The borrower applies to the bank and can repay the entire loan amount in advance. After repayment, the lending bank will terminate the borrower's loan and handle the corresponding cancellation procedures.
(6) Borrow and repay at any time: The interest after borrowing is calculated on a daily basis, and one day is used to calculate the interest. You can settle the payment in one go at any time without penalty