Economic disputes, if lost, have adverse effects, which will affect personal bank loans. When issuing loans, banks will examine the lender's credit status and repayment ability. If you are sued and lost because of private lending, your personal information can be found in the banking system of the Public Security Bureau, and your personal credit will be reduced, which will affect the success rate and loan amount.

Basic conditions for handling personal bank loans:

1.

Having legal and valid identification (resident ID card, household register or other valid identification) and proof of marital status;

2.

Have a good credit record and willingness to repay;

3.

Have a stable source of income and the ability to repay the loan principal and interest in full and on time;

4.

It can provide effective guarantee for the lenders.