The question asked is "Don't social security loans depend on credit and not on liabilities?" Social security loans do not depend on credit, but do depend on liabilities.

The application conditions for social security loans are relaxed. The borrower can apply as long as he has paid social security continuously for more than 6 months and has no bad records on his personal credit report. Credit record is not the main consideration, but banks or financial institutions will still pay attention to the borrower's liabilities. This is because high existing liabilities affect repayment ability and repayment risk.