For people with poor credit status, it is not impossible to obtain loans. Such people can apply for loans through third-party lending institutions such as small loan companies and pawn shops, because these lending institutions have lower thresholds and faster lending rates.
Lending institutions have certain requirements for borrowers when handling loans, and some loan types require borrowers to provide collateral. With the diversification of loan products, the "three-no-people" who have no house, car and deposit for the time being can apply for loans as long as they meet other conditions. The unsecured loan products launched by banks or lending institutions are specially tailored for these people.
The so-called unsecured loan is also called unsecured loan or credit loan. Specifically, the debtor does not need to provide any collateral or third-party guarantee, and can obtain a loan only by its own credit, with the borrower's credit degree as the repayment guarantee. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk. In addition, the borrower only needs to apply with good personal credit, income certificate, work certificate and residence certificate, and it is expected that he can get a loan amount about 0/0 times his monthly income/kloc-0.
The conditions for different lending institutions to apply for unsecured loans are slightly different, but the basic conditions are similar, as follows: (1) Applicants must have a legitimate occupation and a stable source of income, with a monthly salary of about 4,000 yuan in most areas, but in Beijing, Shanghai and other areas, they can repay the loan principal and interest on time; (2) The applicant must provide his bank running statement for the last three months or more; (3) The applicant shall provide a personal credit report with good personal credit information and no bad credit record.