People who have been sentenced are not necessarily deprived of the right to receive loans, but they may face some restrictions and stricter review standards.

1. Lending institutions’ review standards for sentenced persons

When reviewing loan applications, lending institutions usually consider factors such as the applicant’s credit record, repayment ability, and debt status. . For people who have been sentenced, lenders may pay extra attention to the type of crime, the length of the sentence and whether the sentence was completed. Certain serious criminal offenses may be considered a credit risk, resulting in a loan application being rejected.

2. Credit reconstruction of sentenced persons

For those who have been sentenced, rebuilding credit records is the key to obtaining loans. This includes paying all debts on time, avoiding re-offending, and actively improving your living situation. Through hard work over a period of time, the sentenced person may gradually restore his credit and thus qualify for a loan.

3. Differences in policies of different lending institutions

Different lending institutions may have different policies for sentenced persons. Some institutions may be more open to sentenced persons and willing to provide loan services; while other institutions may be more cautious and set higher thresholds for sentenced persons. Therefore, sentenced persons need to understand and compare the policies of different institutions when applying for loans.

4. Legal restrictions on the loan rights of sentenced persons

At the legal level, our country does not clearly stipulate that sentenced persons cannot take loans. However, according to the "Criminal Law of the People's Republic of China" and relevant judicial interpretations, those sentenced for financial crimes may be subject to certain restrictions. In addition, if the lending institution expressly stipulates in the contract that the sentenced person shall not apply for a loan, then the sentenced person will be bound by the terms of that contract.

To summarize:

Whether a person with a criminal conviction can get a loan depends on a variety of factors, including the type of crime, length of sentence, credit history, and the lending institution’s policies. While sentenced persons may face certain restrictions and stricter review standards, it is not entirely impossible to obtain a loan. By working hard to rebuild their credit history and understanding and comparing the policies of different lenders, it is possible for a sentenced person to successfully apply for a loan.

Legal basis:

"Criminal Law of the People's Republic of China"

Article 175 provides:

Anyone who obtains credit funds from financial institutions for the purpose of making profits and re-lends them to others at high interest rates, and the amount of illegal gains is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also be fined not less than one time but not more than five times of the illegal income; if the amount is huge, The offender shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years, and shall also be fined not less than one time but not more than five times the illegal income.