Whether a rural credit cooperative loan is a good loan depends on the personal qualifications and personal credit of the loan applicant. Those with good qualifications and credit are very good at getting loans. If the personal qualifications are poor or have a bad credit record, the loan will be It will be very difficult.

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Credit union loans mainly serve farmers, agriculture and rural areas. The types of loans are mainly short-term and medium- and long-term loans. The service methods are more flexible than other methods. They are based on credit, Guaranteed guarantee, mortgage, pledge guarantee and other loan methods.

There are two main methods of farmers’ loans: farmers’ joint guarantee loans and farmers’ small credit loans. Three or five households of farmers form a joint guarantee group to guarantee each other's loans, and the loan amount is higher than that of a small credit loan.

Rural Credit Cooperative loan process: 1. The applicant submits materials to apply for a loan from the Rural Credit Cooperative; 2. After receiving the application, the Rural Credit Cooperative will assess the applicant's credit rating and base the assessment on the credit rating. Grade, the credit loan limit of the corresponding grade will be determined, and a "Loan Certificate" will be issued; 3. The applicant shall hold the "Loan Certificate" and a valid identity document and apply directly to the Rural Credit Cooperative.

When rural credit cooperatives receive a loan application, they must review the purpose and amount of the loan. If the loan is passed, the loan can be issued.

Because I can’t repay Home Credit Financial’s usurious loan, I didn’t expect that it would affect the loan application