Not all bank loans require collateral. Currently, some domestic banks provide unsecured loans. In addition, some loan companies and loan companies with a large number of guarantees and consulting names can also handle unsecured loans.
Unsecured loans, also known as unsecured loans, or credit loans. No collateral is required, only proof of identity, income, address and other materials. Each bank has different requirements for specific materials. When applying for a loan from a bank, the bank issues the loan based on the individual's credit situation. The interest rate is generally slightly higher than that of a secured loan. The customer can choose the loan term based on the specific circumstances of the individual and then sign a contract with the bank. Compared with a loan company, Relatively secure.
The products launched by banks now break our previous impressions of banks, such as low limits, high thresholds, slow procedures, etc. The bank's unsecured credit loan has a limit of about RMB 20,000 to RMB 500,000, an interest rate of 4.9% (it fluctuates depending on the bank), and a term of 3 to 5 years. Nowadays, bank credit is characterized by fast speed and flexible credit limit.
To apply for an unsecured small loan, the application conditions of each bank are different. Generally speaking, you need to meet the following conditions:
(1) Have Chinese nationality (excluding residents of Hong Kong, Macau and Taiwan);
(2) Be in the age range of 25-55 years old;
(3) The current residential address must be more than 6 months old, and the local working address must be more than half a year;
(4) At the same time, the most important thing is that the credit card repayment record is good and is not overdue. Those who have an employer need to work in the current employer for at least 6 months.
(4) Have an insurance policy, provident fund, social security, clock-in salary, free enterprise, and a designated hospital or pharmacy for medical insurance.
I hope the above answers can help you. If you have any questions, you can ask or send a private message. I wish you a happy life!