1. If you choose a credit loan, you don't need collateral. Credit loans are determined according to personal credit records and repayment ability. Just provide some personal information, such as income certificate, work certificate, credit report, etc., to prove that you have enough repayment ability.

2. If you choose mortgage loan, you need to provide collateral, such as real estate and vehicles. The amount of mortgage loan is usually determined according to the value of collateral.