I. Overview of unsecured microfinance in Shenzhen

Unsecured microfinance in Shenzhen is a kind of microfinance in Shenzhen, which refers to the way that individuals, families or enterprises obtain loans in Shenzhen without providing mortgage or other guarantees. Because the loan amount is small and there is no mortgage, unsecured microfinance is very popular and is a common financing method for many individuals or enterprises.

Second, the advantages of unsecured microfinance in Shenzhen

The advantages of unsecured microfinance in Shenzhen mainly include the following points:

1. Small loan amount: unsecured small loans are usually small, ranging from several thousand yuan to tens of thousands of yuan, which is more suitable for individuals or enterprises to solve short-term capital needs.

2. Simple approval: the approval of unsecured micro-loans is simple, only some basic information is needed, and no collateral is needed.

3. Low cost: The cost of unsecured microfinance is relatively low, which can effectively reduce the loan cost.

Three, Shenzhen unsecured microfinance application conditions

To apply for unsecured microfinance in Shenzhen, the applicant generally needs to meet the following conditions:

1. Have a Shenzhen hukou: Generally speaking, applicants need to have a Shenzhen hukou to prove their living conditions.

2. Have a good credit record: the applicant needs to have a good credit record, if there is no overdue record, to prove his ability to repay the loan.

3. Have a certain professional income: Applicants need to have a certain professional income to prove their ability to repay loans.

Four. Shenzhen unsecured micro-loan approval process

The approval process of unsecured microfinance in Shenzhen mainly includes the following steps:

1. Application: Applicants need to submit a loan application and provide relevant information, such as ID card, household registration book and work certificate.

2. Review: The lending institution will review the applicant's information, including personal credit records, professional income, etc.

3. Signing a contract: After approval, the applicant needs to sign a loan contract to specify the loan amount, term and interest rate.

4. Loan: The lending institution lends the loan amount to the applicant as agreed.

Verb (abbreviation of verb) Shenzhen unsecured small loan repayment method

There are mainly the following repayment methods for unsecured small loans in Shenzhen:

1. Matching principal and interest repayment method: Matching principal and interest repayment method means that the monthly repayment amount is the same, and the proportion of principal and interest in the monthly repayment amount is different.

2. average capital repayment method: average capital repayment method means that the monthly repayment amount is different, the proportion of principal in the monthly repayment amount is the same, and the proportion of interest decreases month by month.

3. One-time repayment of principal and interest at maturity: One-time repayment of principal and interest at maturity means paying off all the loan principal and interest at one time.

The risk of unsecured microfinance in Shenzhen

Unsecured microfinance in Shenzhen is also risky, mainly including the following:

1. Credit risk: Without collateral, the lending institution may face credit risk, that is, the lender cannot repay the loan.

2. Malicious default risk: Lenders may deliberately default on loans to avoid repayment, thus bringing losses to lending institutions.

3. Risk of loan interest rate: When setting the loan interest rate, the lending institution may have the risk of being too high or too low, which will bring losses to the lending institution.