It is ok to apply for loans from two banks at the same time.

Requirements for bank loans:

1, 18 years old, with full capacity for civil conduct, permanent residence of urban residents or legal possession.

The valid resident identity certificate shows that the age of the lender required by the bank loan is generally between 18-60 years old;

2. Have a stable legal income and the ability to repay interest;

3. Other conditions required by the lending bank.

The procedure for handling unsecured loans is usually divided into three steps:

1. The customer submits basic information, including work unit and contact telephone number.

2. The lending bank or company should check the customer's credit information, including whether the customer's credit rating has illegal records. For self-employed and small and medium-sized enterprises, it is also necessary to investigate their operating conditions.

3. The staff of the loan unit signed a contract with the customer and realized the loan in the shortest time.

Extended data:

Loan repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

How many banks can a person borrow money from?

A person can apply for loans from multiple banks, and there is no limit. Just after applying for a loan, the user will increase a debt, and when applying for a loan again, the bank will take the user's debt into account. At this time, if you apply for a loan again, the bank feels that the user is already in debt and may have insufficient repayment ability, thus being unwilling to lend to the user.

Moreover, the more loans users apply for, the more they need to repay each month, and the risk of overdue is great for banks.

Can I borrow money from multiple banks?

You can go to a number of banks for loans, but only if the user's income is very good and the personal credit record is excellent. Users go to the bank to apply for loans, and the bank mainly depends on the user's credit level and repayment ability. As long as the user can prove that his credit level is good and his repayment ability is sufficient, no matter how many loans the user has applied for, the bank will not impose restrictions. However, it should be noted that banks pay more attention to the "debt ratio". If users apply for too many loans, the debt ratio will increase. If the debt ratio exceeds 50%, many banks will refuse to lend.

Can a person borrow money from multiple banks?

A person can get loans from multiple banks. As long as your loan application can meet the access conditions of bank loans, it will generally be accepted. Banks mainly examine your personal credit status, family annual income, family assets, personal repayment ability and so on. However, more loans will affect the quota, and the interest rate of more loans will rise.

Legal basis: Interim Measures for Personal Loans

Article 11

To apply for a personal loan, the following conditions shall be met: (1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Other conditions required by the lender.