It is a credit application loan, such as a small full loan, which belongs to a credit loan. Business in my shop is not very good recently, and the rent for the second year will be paid soon, so money is tight. Contact a few close friends and say that you can borrow money to turn around. _ Friends are reluctant to part, everyone has a hard time, and the landlord has no surplus food. Later, we discussed it and wanted to find a local loan. My friend said that the loan was good, so we went to many places to learn about Xiaoman's specific situation and found it was really good. The three of us tried. As a result, all three people passed and borrowed money. Credit loans require higher personal credit, so we should pay attention to maintaining credit information before and after borrowing. Be sure to repay the loan on time.

What is a credit loan and what are the requirements?

Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Conditions for applying for credit loan: natural person with age 18-65; The actual age of the borrower and the loan application period should not exceed 70 years old; , with a stable occupation, stable income, the ability to repay the principal and interest of the loan on schedule; Good credit and no bad record; Other conditions stipulated by the bank.

What is a credit loan and what does it mean?

What is a credit loan? What does credit loan mean? It's really a problem for novice borrowers. Now let me introduce you.

The so-called credit loan is a loan that the borrower applies for with personal credit, and there is no need to provide collateral as a guarantee. Having said that, someone asked: Can I get a loan only by personal credit? Of course not.

A borrower applying for a credit loan must meet the following conditions in addition to having a good credit record:

1. Aged between 18-60, with full capacity for civil conduct;

2. Have a stable job and income, and be able to repay the loan principal and interest on time.

For credit loans, some borrowers are also prone to misunderstanding, such as:

1. You can borrow money only with your ID card;

2. Low interest on credit loans;

You need to pay before applying for a credit loan.

In fact, these are all traps set by scammers for borrowers. First of all, although the borrower does not need to provide collateral as a guarantee for the credit loan, you can't get the loan only by your ID card, because the lending institution can't check your repayment ability; Secondly, when issuing credit loans, lending institutions need to bear higher risks, so the loan interest will not be too low, but higher;

Finally, as long as it is a formal lending institution, there will be no charge before the loan!

What does credit loan mean?

Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee.

For a long time, this kind of credit loan has been the main loan method for banks in China. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk.

It is mainly applicable to enterprises (institutions), legal persons, other economic organizations and individual industrial and commercial households that have been approved and registered by the administrative department for industry and commerce and meet the requirements of the General Principles of Loans and banking regulations.

Extended data:

Loan method

Salary card loan

Some banks have salary card loans. That is, your salary is transferred to your salary card through this bank, so you can apply for an individual in this bank.

Bank running water loan

Bank running water loan does not need to specify a bank to provide bank running water, it can be any bank. It mainly requires the bank to meet a certain period of time and the monthly income to meet a certain amount.

There is a joint account of mortgage or provident fund.

You have a mortgage, pay it on time every month, provide a running mortgage contract and mortgage repayment account, and you can also apply in some banks and loan companies.

Insurance-guaranteed loan

Some require not only bank flow, but also insurance guarantee.

Joint guarantee loan

Mortgage loans do not require collateral, but members of the joint insurance team are required to guarantee each other's loans. Most of these loans are credit cooperatives and postal banks.