Individuals can apply for small loans. The following are the application conditions, procedures and required materials for small loans;

Required conditions for bank loans:

( 1) Those who are over 18 years old and have full civil capacity, permanent urban resident registration or legal and valid resident identity certificate. Bank loans require borrowers to be generally between 18 and 60 years old;

(2 ) Have stable legal income and the ability to repay interest;

(3) Have good credit;

(4) Other conditions required by the lending bank.

Required documents for applying for a bank loan:

1. Valid identity document;

2. Proof of permanent residence or valid residence certificate, and proof of fixed residence;

3. Proof of marital status;

4. Bank statement;

5. Proof of income or personal asset status;

6. Credit report;

7. Loan usage plan or statement;

8. Other information required by the bank.

The procedure for unsecured loans is generally divided into three steps:

(1) The customer submits basic information, including work unit and contact number.

(2) The lending bank or company checks the customer's credit information, including whether the customer's credit level has any illegal records. For self-employed individuals and small and medium-sized enterprises, it is also necessary to investigate their business operations.

(3) The staff of the lending unit signs a contract with the customer and implements the loan in the shortest time.