1. When an individual borrows money from a bank, the bank will check the lender's personal credit report through the credit information system of the People's Bank of China.
2. The annual interest rate of provident fund loans 1-5 is 4.59%, and it is 5.04% in 6-30 years. The maximum amount of provident fund loans was adjusted from July this year 1 from 400,000 to 600,000. The longest loan period is 30 years.