Credit is a monetary lending behavior between different owners that reflects a certain economic relationship. Credit in a broad sense refers to the general term for deposits, loans and settlement of financial institutions. Credit in a narrow sense generally refers to loans from banks or credit cooperatives.

Loan refers to the financial behavior that the creditor (or lender) transfers the right to use funds to the debtor (or borrower).

Credit funds refer to the funds used by financial institutions to issue loans by absorbing shares, deposits, issuing bonds, stocks, borrowing funds and operating accumulation.

Secured loans can be divided into secured loans, mortgage loans and pledged loans.

Secured loan refers to a loan issued by a third party in the form of guarantee stipulated in the Guarantee Law, which promises the borrower to assume general guarantee liability or joint liability as agreed. The county rural credit cooperatives can only issue joint and several liability guarantee loans.

To apply for a secured loan, the guarantor's guarantee qualification, credit standing and solvency shall be reviewed and a guarantee contract shall be signed;

Mortgage loan refers to the loan issued with the property of the borrower or a third party as collateral according to the mortgage method stipulated in the Guarantee Law.

When handling mortgage loans, we should properly handle the ownership, validity and liquidity of the collateral and the legality of the mortgage.