PledgeLoan means that when handling a loan, the bank will ask the applicant to mortgage the deposit to the bank to form a loan guarantor, and the bank will take the initiative to deduct his deposit account and repay the loan when the guarantor repays the loan. This method can minimize the risk of non-performing loans for banks, but for customers, although they can get bank loan support, their deposits will be locked and their liquidity will be reduced. Therefore, it has become a trend for banks to ban deposit-loan linkage.

if you are worried about the excessive amount of loans you have applied for, you can choose to use Xiaoqi Credit Check to query your big data. The system can provide accurate information for debtors, those who apply for excessive online loans, loan users and platform risk control personnel. You can quickly query all kinds of big data information, such as arrears records, loan application times, credit reports, etc., and let you know your credit status better.

In short, the ban on deposit-loan linkage has improved the risk control ability of the financial industry to a certain extent, but it is also very important for customers to adjust their credit liability structure and understand their credit status. I hope the above information can help you.