As long as you meet the conditions for bank loans, you can borrow from two banks, but if you borrow more from the previous bank, the amount of loans from the second bank may be much less.
Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.
Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.
Borrower's requirements
1.1natural person aged 8-60 (Hong Kong, Macao, Taiwan, mainland China and foreigners are also allowed)
2 have a stable occupation, stable income and the ability to repay the principal and interest of the loan on schedule.
3. The borrower's actual age plus the loan application period shall not exceed 70 years old.
Information to be provided by the borrower
1. Couple ID card, household registration book/temporary residence permit, and foreigner household registration book.
Two copies of marriage certificate/divorce certificate or judgment/single certificate.
3 proof of income (format specified by the bank)
4. Copy of the business license of the unit (with official seal)
5. Credit certificate: including education certificate, other real estate, bank running water, large deposit certificate, etc.
6. If the borrower is an enterprise legal person, it must also provide the annual business license, tax registration certificate, organization code certificate, articles of association and financial statements.
Note: From May, 20 10, foreign residents who want to buy a house in Beijing must also provide the tax payment certificate of recent 1 year or the social security certificate of 1 year and other materials that can prove that they have worked in Beijing for 1 year.
Credit terms: 1. Author's name or source note
The credit line is the maximum amount that borrowers are allowed to borrow in the agreement signed between borrowers and banks.
2. Working capital credit agreement
Revolving credit agreement is a loan agreement that banks promise to provide enterprises with no more than a certain maximum amount according to law.
3. Compensatory balance
The compensatory balance is the minimum deposit balance that the bank requires the borrower to keep in the bank according to the loan limit or a certain proportion of the actual loan amount (generally 10% to 20%).
Does applying for loans from two banks at the same time have an impact on personal credit?
Applying for loans from two banks at the same time has no effect on personal credit. A person can only apply for one kind of credit loan in one bank, and doing it at the same time in two banks does not affect each other. As long as an individual's loan application can meet the access conditions of bank loans, it will generally be accepted. Banks mainly review personal credit status, family annual income, family assets, personal repayment ability and so on.
Application conditions:
Borrower's requirements
1, natural person aged 18-60 (Hong Kong, Macao, Taiwan, mainland China and foreigners are also allowed)
2. Have a stable occupation, stable income and the ability to repay the loan principal and interest on schedule.
3. The borrower's actual age and loan application period shall not exceed 70 years old.
Information to be provided by the borrower
1, ID card of both husband and wife, household registration book/temporary residence permit, and household registration book for foreigners.
2. Two copies of marriage certificate/divorce certificate or judgment/single certificate.
3. Proof of income (format stipulated by the bank)
4. Copy of the business license of the unit (with official seal)
5. Credit certificate: including education certificate, other real estate, bank running water, large deposit certificate, etc.
6. If the borrower is an enterprise legal person, it must also provide the annual business license, tax registration certificate, organization code certificate, articles of association and financial statements.
Extended data:
According to the general principles of loans:
Article 45 A borrower shall not illegally evade bank debts or misappropriate credit funds by means of merger, bankruptcy or shareholding system reform. It is not allowed to evade the lender's credit supervision by contracting or leasing, and repay the loan principal and interest.
Article 46 The lender has the right to participate in the debt restructuring of the borrower in the process of merger, bankruptcy or shareholding system reform, and requires the borrower to fulfill the obligation to repay the principal and interest of the loan.
Article 47 The lender shall require the borrower engaged in contracting and leasing business to clearly implement the repayment responsibility of the original loan debt in the contracting and leasing contract.
Article 48 The lender shall require the borrower who implements the shareholding system reform to re-sign the loan contract, and clarify the repayment responsibility of the original loan debt.
For borrowers who implement the overall shareholding system reform, it should be clear that the loan debts they owe will be borne by the reformed company; For borrowers who implement partial shareholding system reform, the reformed joint-stock company is required to bear the loan debt of the original borrower according to the proportion of capital or assets occupied by the borrower.
Article 49 The lender shall require the borrower who forms a new enterprise legal person after the joint venture to implement the loan debt to the new enterprise legal person according to the proportion of the capital or assets it occupies.
Article 50 The lender shall require the merged borrower to pay off the loan debt or provide corresponding guarantee before the merger.
If the borrower fails to pay off the loan debt or provide the corresponding guarantee, the lender shall require the merged (merged) enterprise or the newly established enterprise to undertake the obligation to repay the loan to the borrower and re-sign the relevant contract or agreement with it.
Article 51 The lender shall require the borrower who has a joint venture (cooperation) relationship with the foreign investor to continue to bear the repayment responsibility before the joint venture (cooperation), and require him to give priority to repaying the loan with the proceeds. When a borrower uses mortgaged or pledged property as a loan for joint venture (cooperation) with foreign investors, it must obtain the consent of the lender.
Article 52 The lender shall require the divided borrower to pay off the loan debt or provide corresponding guarantee before the division.
If the borrower fails to pay off the loan debt or provide corresponding guarantee, the lender shall require all enterprises after the division to bear the repayment responsibility for the loan owed by the original borrower according to the proportion of funds or assets agreed upon at the time of division or agreement. For borrowers who set up subsidiaries, their subsidiaries are required to bear and repay the corresponding loan debts of the parent company in proportion to the capital or assets obtained.
Article 53 The lender shall require the borrower who transfers the property right with compensation or applies for dissolution to pay off the loan debt before the property right transfer or dissolution.
Article 54 The lender shall participate in the identification of the bankrupt property of the borrower and the handling of creditor's rights and debts according to law. The bankrupt borrower has set up the loan creditor's right of property mortgage, pledge or other guarantee, and the lender enjoys the priority of compensation according to law. The loan creditor's rights without property guarantee shall be compensated according to legal procedures and proportions.