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What does it mean that loans don't look at liabilities?
1. What do you mean by debt-free loans?

Don't look at how much money you owe. I borrowed100000 a few days ago, that's all.

2. What's the difference between borrowing and liabilities?

The difference between borrowing and liabilities:

Borrowing, in layman's terms, is money borrowed.

Liabilities are debts owed to others, including money owed, things owed or transfer fees owed for the right to use.

Liabilities include loans.

Borrowing refers to the funds borrowed by enterprises from banks and other financial institutions and other units, including credit loans, mortgage loans and trust loans.

Borrowing can also refer to the funds borrowed by a person from financial institutions such as banks and other units and individuals, including credit loans, mortgage loans and trust loans.

Borrowing is also divided into long-term borrowing and short-term borrowing.

Long-term loans refer to loans borrowed by enterprises from banks or other financial institutions with a term of more than one year (excluding one year). The long-term loans of joint-stock enterprises in China are mainly long-term loans borrowed from financial institutions, such as loans obtained from professional banks and commercial banks; In addition, it also includes funds borrowed from finance companies, investment companies and other financial enterprises.

Liabilities refer to the current obligations formed by past transactions or events of an enterprise, which are expected to lead to the outflow of economic benefits from the enterprise.

According to the definition of liabilities, liabilities have the following characteristics:

Liabilities in accounting elements:

1. Liabilities are current obligations undertaken by enterprises;

2. Paying off debts is expected to lead to the outflow of economic benefits from the enterprise;

3. Liabilities are formed by past transactions or events.

3. What do you mean by not looking at the debt and not looking at the query?

How many times have you checked the records without looking at credit information and liabilities? Don't look at the debt, don't look at the query means how many times you have inquired about the credit and debt records in the loan. Liabilities refer to the current obligations of an enterprise due to past transactions or events, which are expected to lead to the outflow of economic benefits from the enterprise.

4. What do you mean by debt-free loans?

You don't look at the debt when you make a loan, which means you can make a loan whether you are a black household or not. This kind of promise is generally a lie or a liar.

Bank loans are calculated according to your income and liabilities. A good credit record is a prerequisite for a loan, but if the debt is too high, the bank will think that your solvency is insufficient.