1. Credit history requirements: banks will review the applicant's credit history, including personal credit report and past repayment records. A better credit history increases the chances of getting a loan.
2. Liquidity requirements: Applicants are required to provide bank liquidity records for the last 6-12 months. This current record is used to assess the applicant's financial flows, including sources of income and expenditures.
3. Income Requirement: Banks usually require applicants to have a stable source of income, such as salary, income from business, etc. The applicant's income level needs to meet the requirements set by the bank. The applicant's income level needs to meet the minimum requirements set by the bank.
4. Indebtedness: Banks will consider the applicant's indebtedness, including other loans, credit card debts, etc. If the indebtedness is too high, it may affect the applicant's ability to get a loan. If the debt is too high, it may affect the chances of getting a loan.
Summary:
There are some requirements for bank current loans, including good credit history, normal current record, stable source of income and reasonable debt status. Meeting these requirements can increase the likelihood of successfully obtaining a loan.
Expanded Information:
Bank running loan is a loan that the borrower applies for by providing a record of bank running water. This type of loan is usually applicable to people who do not have proof of regular income such as self-employed businessmen, self-employed and freelancers. The bank analyzes the borrower's current records to assess his repayment ability and credit standing to decide whether to approve the loan application.