It should be noted that when applying for provident fund loans, not only employees who need to pay provident fund can apply, but also they need to pay a certain number of years, and the provident fund account is in a normal state of payment. The amount of the provident fund loan is determined according to the balance of the user's provident fund account, and it is generally not recommended to withdraw the balance of the provident fund.
Credit will be checked, and the housing provident fund loan review will check the personal credit report. The review of provident fund loans can be divided into two stages: the first stage is mainly to review whether users meet the conditions of provident fund loans, and the second stage is to review whether loan materials and personal credit reports submitted by loan users meet the conditions of loans, so users' personal credit will be inquired during the review stage.
When applying for a loan, a lending institution needs to check the user's personal credit report, mainly to understand the user's willingness to repay, repayment ability, personal debt ratio, overdue and so on through the credit report records. According to the credit data of users, users may not be able to apply for provident fund loans if they have overdue bad records or high personal debt ratio and poor repayment ability.