Personal housing loan is a kind of consumer credit, which is a loan provided by banks to buy their own general housing. The borrower must provide a guarantee when issuing personal housing loans to the bank. When the borrower fails to repay the debt within the time limit, the lender has the right to dispose of the collateral or collateral according to law, or bear the joint liability for paying off the debt to the guarantee company.
A borrower refers to an individual with full capacity for civil conduct. The premise of applying for a loan is that urban residents have a house purchase contract, repayment ability, good reputation, 30% down payment and bank guarantee.
Personal credit risk is the most common in personal housing loans, including the borrower's debt repayment ability and the debt risk of guarantee companies. Personal credit is an important part of consumer credit in China's commercial banks. It can save a lot of time and cost when obtaining the applicant's credit information, which is a problem that the loan bank must solve.
Foreign credit banks mainly carry out credit verification through commercial credit intermediaries, but because China has not yet formed an independent credit system, it is impossible to comprehensively and reasonably judge the personal credit status. Therefore, it is difficult for banks to conduct credit evaluation only by information such as income vouchers provided by borrowers, and its authenticity and timeliness are accurate, and the cost of verifying personal income is also high.
The above is the relevant explanation of interest rate adjustment of personal housing loan. I hope everyone can have a clear understanding of interest rate adjustment of personal housing loan, make better choices in future life and make family life more convenient.