Credit loans are generally 1 to 3 years, and some can be loaned for 5 years. Personal credit loans refer to RMB loans issued by lenders to borrowers with good credit without providing any collateral. Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. Article 679 of the Civil Law states that a loan contract between natural persons is established when the lender provides a loan.
How long can credit loans last?
Credit loans are generally 1 to 3 years, and some can be loaned for 5 years.
Personal credit loans refer to RMB loans issued by lenders to borrowers with good credit without providing any collateral.
So what conditions can I apply for this kind of loan? From the current reality, the basic conditions for banks to issue credit loans are:
First, if the credit rating of enterprise customers is above AA- (inclusive), credit loans can be issued after approval by provincial branches of state-owned commercial banks;
Second, the total profit of operating income accounting has continued to grow in the past three years, the asset-liability ratio is controlled within a good range of 60%, and the cash flow is sufficient and stable;
Third, the enterprise promises not to mortgage (pledge) its effective operating assets or provide external guarantees, or obtain the consent of the lending bank before handling the mortgage (pledge) and providing external guarantees; Fourth, the operation and management are standardized, and there are no bad credit records such as evading debts and defaulting on interest.
How can we get a credit loan when you meet the requirements? The following materials are required
Credit customer application materials
Application for credit business;
Basic information of the borrower, qualification documents, loan certificate (card), power of attorney, etc. ;
Financial statements and reports audited or approved by the competent authority in the last three years and the latest issue;
Resolutions of the board of directors and relevant approvals from the borrower's superior unit;
Project proposal, feasibility study report and approval documents of the competent department;
Description of payment plan and repayment source;
Commercial contracts related to loan purposes;
Other information required by the bank.
The following are the conditions for determining the elements of granting loans
Determination of credit loan elements
(1) Determination of credit loan amount. First, it is determined from the cash inflow: the maximum balance does not exceed 20% of the annual payment. Second, it is determined from the value of mortgaged real estate rights: the maximum balance does not exceed 30%-40% of the value of all mortgaged real estate rights of banks. Third, from the enterprise's own funds to determine: the maximum balance ≤ owner's equity-liabilities.
(2) Determination of credit loan term. Credit loans can not be used for medium and long-term loans, but only for short-term replenishment of enterprise liquidity, generally within 6 months. In principle, credit loans will not be issued to customers who have newly established credit relations.
(3) The determination of credit loan interest rate. According to the principle of matching risk with income, the interest rate of credit loan should be higher than that of mortgage or guarantee. The general benchmark interest rate will rise by 20%-30%.
How long can credit loans last?
The loan term of personal credit loan is usually 1 year (6 months in some banks), and the longest is no more than 4 years. Personal credit loans are generally not allowed to apply for extension. If the loan cannot be repaid on time due to force majeure or accidents, with the consent of the bank, if the loan term is within 1 year (inclusive), it can be extended once, and the longest extension period shall not exceed the original loan term, and the longest accumulated loan term shall not exceed 1 year (inclusive).
"Borrowing" is a credit loan service launched by Alipay. According to different sesame scores, users can apply for different loan quotas. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.
2065438+20081October 9, 65438+2065438, or due to excessive leverage ratio, in violation of the relevant regulatory provisions of the central bank, actively closed some user accounts and controlled the loan balance.
202118 news, it is reported that AliPay's "loan" name has been changed to "credit loan". In this regard, Alipay customer service responded that in order to make it easier for you to understand the actual consumer credit service providers, the consumer credit services independently provided by financial institutions cooperating with Ant Financial have been updated to "credit loans", and the credit loan page shows the names of financial institutions. After this adjustment, the original services such as borrowing, auditing and repayment will not be affected.
"Borrowing" is a loan service launched by Alipay. At present, the application threshold is more than 600 points for sesame seeds. According to different scores, the loan amount that users can apply for ranges from1000-300,000 yuan. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.
At present, the consumer loans launched by e-commerce giants are mainly aimed at the stages of consumption scenarios of this e-commerce platform. However, with the continuous accumulation of personal credit data, personal credit loans for non-consumption scenarios are also being launched one after another. The following is the actual experience of increasing the quota:
1, deposit the balance treasure or lucky treasure (regularly), deposit 15000 yuan, and it can be released after 10, usually at1-10;
2. Download the online merchant bank app on your mobile phone, and then save it in your computer. Ten thousand deposits a month can basically lend ten thousand consumer loans from online merchant banks;
But there are still netizens who spit out Uncle Ma Yun; One reason why I am not optimistic about these internet companies engaged in finance is that they have no experience in receiving users who can't even tell the difference between interest and handling fees.
This part of the business naturally has an impact on similar businesses of banks. After all, the scale of several major Internet giants is there. But not every industry is suitable for the Internet. The amount is too low to repay the principal in installments, which is a bit tasteless and doomed to be difficult to replace the position of traditional finance.