1. Bank loan is the most common way. In bank loans, you need to submit various materials. General borrowers need to have good repayment ability and good credit. If mortgage loan is used, proof of assets is required; It takes a long time to approve loans in banks, but the loan interest rate is relatively low and there are many repayment options.
2. Online loan. There are many online lending platforms now. Common ones are ant borrowing, online business loans, Baidu spending money, micro-loans and so on. Money can be borrowed from these loan outlets. For ordinary people, the loan amount is not very high. If you want to have a high amount, you generally need good credit. For example, using ants to borrow money, the higher the sesame credit score, the more the loan amount.
At present, there are a large number of third-party loan companies in the private sector, and many people will borrow from these institutions in order to cope with the shortage of funds. Generally speaking, the interest rate of third-party loan companies is relatively high, but the loan time is fast and the interest paid when repayment is relatively high. If it cannot be returned in time, it may face the risk of debt collection.
If you need a loan, you can also borrow it from your relatives and friends, and you can promise to give some interest. This kind of loan usually doesn't have high interest, but you must pay it back on time after it expires. Even if it can't be returned in time, we should inform the reason in advance to prevent it from affecting your relations.
When choosing a loan channel, you can choose according to the actual situation. If you have time, you can choose a bank loan. After all, this is the most formal channel. If you need money urgently, you can choose a third-party lending institution or private lending, which will get the money faster.
It's best to evaluate your repayment ability before lending. If there is no repayment ability in the later period, it is best to give up the loan to prevent overdue repayment in the later period. Overdue records will also affect personal credit information.
What are the formal loan channels?
1. When choosing a loan channel, banks are the first to consider and the most formal; Banks need to submit different materials according to the loan type when handling loans, but all banks will require borrowers to have good repayment ability and good credit information. Only by cooperating with these banks will they consider lending. However, it will take a long time to borrow money from the bank, and the requirements for borrowers will be higher.
2. Peer-to-peer lending. Now many micro-loans can be applied online, such as Baidu Qianhua Loan, Lending Treasure and Micro-loan. The loan amount generally ranges from thousands to tens of thousands. These platforms are very formal, support the loan and return, and the application is particularly simple. Interest is calculated on a daily basis. If the loan amount is relatively small, it can be considered.
3. Loan companies, there are many third-party loan companies, all of which are legally operated. Lending them money will be faster, but the interest rate will be higher. If you can't repay on time in the later period, you may face offline collection.
In addition to the above, you can borrow money from relatives and friends when you encounter financial difficulties, and you can promise to pay certain interest, but you must return it within the promised period, otherwise the feelings between friends will be affected later.
In fact, no matter how you borrow money, the first thing to know is whether you have the ability to repay. If you don't have the ability to repay on time in the later period, you'd better give up the loan to avoid the bad influence of overdue repayment on individuals in the future.
Basic conditions for handling loans: the borrower must be at least 18 years old, have valid identification and have legal income. Generally, it is necessary to provide the bank flow in the last six months, and the monthly income is generally 2 to 3 times the monthly repayment amount after the loan. Only in this way can the loan be successfully completed.
What are the loan platforms?
The platforms for lending are:
First, there is money to spend. Qianhua is a credit service brand owned by Du Xiaoman, which can provide loan services for individual consumers and small and micro business owners, and is the choice of many small and micro business owners.
Second, sorry. Borrowing is a consumer credit loan product in Alipay. Users can apply for a loan directly through Alipay, find the loan on Alipay My page, and then try to apply for opening according to the page prompts.
Third, micro-credit loans. Micro-loan is a credit product of Weizhong Bank. At present, there are two application channels: WeChat and mobile QQ. Take WeChat as an example. As long as we can find the words "micro-loan to borrow money" on our service page, we can try to apply for opening, and the system will review it. Users who can successfully open and get a quota can try to apply for a loan.