Unsecured loans are also called unsecured loans and credit loans. This kind of loan does not need any collateral, and the lender can apply for a loan from a bank or a formal online lending platform.
Characteristics of
No collateral: this kind of loan does not need any collateral;
Convenient application: the procedure is simple and can be issued within 4 working days at the earliest;
Long loan term: the loan term can be arbitrarily selected according to actual needs, with a maximum of 36 months;
High loan amount: according to the comprehensive evaluation of the lender's income and credit, the maximum loan can be 500 thousand yuan;
Fixed interest rate: the interest rate of this kind of loan is fixed, which is less affected by market fluctuations and has lower risk.
Application conditions
The applicant is generally a citizen of China, aged 18-60, in good health, with a local hukou, or with a fixed income after working for one year.
The specific application conditions vary according to the different mortgage institutions, and the threshold of banks is higher and the audit is stricter. The application conditions of state-owned banks are stricter than those of commercial banks.
Lenders' personal credit records, overdue credit cards and loans overdue will all affect the approval of loans. It is worth noting that the nature of the lender's work is also within the scope of the lender's qualification assessment. Formal employees of state-owned enterprises, institutions and top 500 enterprises are more likely to apply successfully.
The loan application conditions of online lending platforms are different. For example, the cash loan of Alipay platform is evaluated based on the social data, credit data and shopping records of the lender. It is relatively easy to apply for a loan on the online platform, but the interest rate is higher.
Risk warning
With the increasing prosperity of financial market and the change of consumption pattern, more and more non-bank channels have started to operate, but the private lending market has also appeared a mixed situation.
Lenders need to identify the authenticity, avoid being cheated, and choose a large platform and reliable loan channel.
For urban white-collar workers, it has a strong advantage, and lenders choose the most suitable loan method according to their own needs and conditions.
What are the conditions for unsecured and unsecured loans?
The conditions for unsecured and unsecured loans are as follows: 1. Chinese mainland residents under the age of 50. Two, engaged in legitimate production and business activities, the project has development potential or market competitiveness, with the ability to repay the loan principal and interest on schedule. Third, there is a stable source of income. Fourth, without a bad credit record, loans cannot be used for stock trading or gambling.
legal ground
Article 674 The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.
Article 676 of the Civil Code of People's Republic of China (PRC) If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.
Which banks have unsecured loans?
1) Ping An Bank's new loans unsecured personal loans
Xinyi Loan is an unsecured personal loan business of Ping An Bank, a subsidiary of China Ping An Group. It is aimed at the working class and private owners. Can be used for business or personal consumption (including car purchase, decoration, travel, further education, wedding, medical treatment and other large consumption), up to 500,000.
2) Ping An Easy Loan Insurance
Ping An Easy Loan Insurance, also known as Ping An Easy Loan, is a kind of "credit guarantee insurance" of Ping An Property Insurance under China Ping An Group. The applicant is the loan customer himself, the insured is the loan bank and the insurer is Ping An Property Insurance Company, which underwrites the credit risk of the loan customer.
3) Postal savings loan.
Within 65438+ million. Need a guarantor.
4) Bank of Ningbo "white-collar loan"
Personal credit can also apply for unsecured loans. Bank of Ningbo's "White-collar Customer Recruitment Plan" for Nanjing civil servants, teachers, doctors and other people was officially launched in April. The credit line of this loan is 50,65438+100,000,1.50,200,000. It is valid for three years, can be recycled, can be borrowed and returned, and bears interest on a daily basis. The loan interest rate is linked to the customer's investment, and the lowest benchmark interest rate is lowered 10%.
5) Unsecured personal loan of Standard Chartered Bank
Standard Chartered Bank's unsecured personal loans in five major cities in China are "current loans", with a maximum loan amount of 200,000 yuan and a minimum loan amount of 8,000 yuan; The longest loan period is 4 years and the shortest is 6 months. Consumers can apply for Standard Chartered Bank as long as they have a stable job and income without any guarantee or mortgage.
6) Unsecured personal loan from China Bank.
China Bank cooperated with Zendai Express Loan to provide unsecured personal loans in five major cities across the country, with a maximum loan amount of 300,000 yuan and a minimum loan amount of 5,000 yuan; You can apply to the Bank of China.
How to apply for an unsecured loan?
The application for unsecured and unsecured loans is:
1. The borrower submits written loan handling materials;
2. The bank shall review and investigate the handling materials submitted;
3. After examination and investigation by the bank, the borrower signs a loan contract with the borrower;
4, bank loans, for the use of loans;
5. The borrower repays the loan on schedule according to the provisions of this contract;
6. Settle the loan.
legal ground
According to Article 4 of the General Rules for Loans, the lending activities of both borrowers and borrowers should follow the principles of equality, voluntariness, fairness, honesty and credibility.
What about unsecured loans?
Unsecured and unsecured loans are also called unsecured loans or credit loans. Mainly for individuals with stable income sources, without any mortgage or guarantee, applying for loans from financial institutions only needs identification, income proof, address proof and other materials. Loans are granted according to personal credit, and the interest rate is generally slightly higher than that of secured loans. Customers can choose the loan term according to their own specific conditions and then sign a contract.
legal ground
Article 410 of the Civil Code of People's Republic of China (PRC) If the debtor fails to perform the due debts or realize the mortgage right according to the agreement of the parties, the mortgagee may agree with the mortgagor to discount the mortgaged property or give priority to the repayment with the price of auction or sale of the mortgaged property. If the agreement harms the interests of other creditors, other creditors may request the person to cancel the agreement. If the mortgagee and the mortgagor cannot reach an agreement on the way to realize the mortgage, the mortgagee may request the mortgagee to auction or sell the mortgaged property. Where the mortgaged property is discounted or sold, it shall refer to the market price.
how
First of all, to apply for a bank, you need to meet the conditions and requirements of the bank, as follows: First of all, you need to meet the age, preferably between 22 and 60. Second, there is a fixed residence in the local area. Third, there is a stable job and income in the local area. Fourth, it can provide proof of repayment ability required by the bank, such as proof of income and bank flow. Fifth, the applicant has good credit. Then, provide the required application materials (including but not limited to): identity certificate, income certificate, work certificate and loan use certificate. For example, the requirements of Ping An Bank are: a valid ID card and a valid residence certificate for the last 60 days (water, electricity, telephone charges, etc.). ), the current work certificate of the unit and the income certificate of the last 3 months. Then, apply to a bank or loan company. Lending after approval. The borrower repays the loan on time.