1. Don't change the loan platform frequently.
Friends who apply for a loan for the first time must carefully consider the loan platform, compare multiple loan platforms on the market, and then choose a suitable one according to their own loan needs and their own conditions. When you need a loan in the future, try to choose the same loan platform, repay on time and maintain a good credit record. In this case, it is easy for you to apply for increasing the loan amount on this loan platform.
For example, if you borrow money from a stranger, that friend doesn't know you at first, and he doesn't know what your personality is like, so he may just lend you some money. As you two get closer and borrow more money, you get to know each other better and better. And you pay back the money on time every time, then that friend will lend you more money with confidence.
Similarly, if you accumulate more loans on a loan platform, the loan platform will give you more credit, and the application for increasing the loan amount will be easier to pass. Of course, the premise is that you pay back on time every time and maintain a good credit record.
2. You can choose to change the loan type.
Credit loans rely on personal credit records and do not require any mortgage or guarantee. Banks and lending institutions bear relatively large risks, and the loan amount will naturally be limited. Mortgage loan is different from secured loan. If the applicant provides proof of collateral or guarantor, banks and lending institutions will feel that it is less likely that the loan will not be recovered, because even if the lender does not repay the loan, banks and lending institutions can still obtain repayment by auctioning collateral or looking for a guarantor. Therefore, mortgage loans and secured loans are higher than credit loans.
Therefore, if you have certain assets in your name, you can use real estate or automobile products as collateral and mortgage loans instead of credit loans. If you don't have these assets, you can also find a guarantor to guarantee you and use a secured loan instead of a credit loan. In this case, the loan amount will naturally increase.
3. Reduce the debt ratio
If there are many personal debts, such as the monthly payment of credit cards and other loans, then banks and lending institutions have reason to think that your repayment pressure is high and the risk of lending to you is relatively high. Therefore, the loan amount will naturally not be very high.
If your low loan amount is due to high debt ratio, consider reducing the debt ratio. Therefore, if you are a person who spends too much on credit cards, then you should restrain your consumption desire and save credit card consumption. Once your debt ratio is reduced, it is not difficult to increase the loan amount.
4. Keep a good credit record.
Whether applying for a credit card or a loan, a good credit record is a threshold. For a person with a bad credit record, even if other conditions meet the requirements, banks and lending institutions will not lend him money. Therefore, if you have the habit of spending money by credit card every month, you must remember to repay on time and don't discredit your credit.
The above are four ways to increase the loan amount. I hope these methods can bring some help to those who want to increase the loan amount.