The user applied for a small loan. If each installment is repaid on time, the small loan record will not affect the personal credit information. On the contrary, the loan record of the small loan will become a part of the personal credit information. However, small loans with overdue records of credit information will lead to poor personal credit information. Records of financial institutions approving small loans. As long as there is no small loans overdue record, subsequent users can handle credit business normally.

Microfinance is a comprehensive consumer loan with individuals or enterprises as the core. The loan amount is generally more than 6,543,800 yuan and less than 200,000 yuan. The treatment process generally needs to be guaranteed. Microfinance is an extension of microfinance in technology and practical application. Microfinance in China: It mainly serves agriculture, rural areas and small and medium-sized enterprises. The establishment of small loan companies has rationally pooled some private funds, standardized the private lending market, and effectively solved the financing difficulties of agriculture, rural areas and small and medium-sized enterprises. There are also personal micro-loans for office workers, generally ranging from 1 1,000-50,000 yuan. Most of them don't need mortgage, but the credit and information review is strict.

First, the specific steps

1. The borrower shall apply to the bank outlets offering small loans. When applying, the borrower should bring ID card, proof of address, proof of stable income source and other related materials, and if it is a merchant, it should also bring a business license;

2. After receiving the lender's application, the bank will review the lender;

3. Sign a loan contract with the bank through the examination and approval of the bank;

4. The bank lent money, and the lender successfully got the loan.

The above four steps are the general process of bank microfinance. Different banks may have slightly different provisions on microfinance, and the materials to be submitted are also different. In order to avoid loan risks, some banks will require lenders to meet certain conditions, such as age, income level and repayment ability.

Second, the characteristics

1, with simple procedures, fast lending process and simple procedures;

2. The repayment method is flexible;

3. Wide loan scope;

4. Flexible marketing model;

5. The loan quality of microfinance companies is high;

6. Small loans have little social risk.