Simply put, the bank asks you to set up a mortgage loan (real estate, etc.) in the bank first. After the loan comes out, the bank asks you to deposit all these loans in the bank, and then you have a certificate of deposit in your hand, and then you can make a pledge loan.

This is strictly prohibited by the state, and lenders have to go through the second procedure to borrow a sum of money, which increases the cost; The bank did two things with a sum of money. The loan was released and the deposit increased.

Pledged loan refers to a kind of credit business in which the borrower takes the unexpired personal time deposit certificate in local and foreign currencies as pledge, obtains a certain amount of loan from the loan bank, and repays the loan principal and interest on schedule.