What is the impact of not lending after granting credit?
People with this problem are just worried that they have borrowed money and want to pay it back, but this is not the case. After all, there is a big difference between credit and loan.
When a lending institution grants credit, it means that it has approved the total amount of business for the borrower, but it does not mean a loan. After all, credit includes many businesses, such as acceptance, factoring, letter of credit, discount and so on, and loan is only one of them, which can be understood as credit from the relationship. Loan.
A loan is to borrow money, and the borrowed money is drawn from the credit line. If the loan is successful, the credit limit will be reduced. The important thing is that the loan is successful and must be repaid on time.
This is easy to understand. Credit ≠ loan, only credit, no loan, no repayment, will not have any impact.
Can I pay the credit line?
Not necessarily. When making a loan, the institution will comprehensively evaluate the credit status of the lender. This evaluation condition is different from the credit condition, and the reference factors are much more than credit, so it will be stricter, so don't think that you can get a loan with credit.
There is a credit line in real life, and as a result, many people are refused loans. If you want a successful loan, you must first maintain a good credit. It is important to prove to the lending institution that you have the ability to repay the loan, which can increase your income. It is also feasible to reduce the debt before lending, or to find someone to guarantee it.