Credit loans refer to loans issued based on the creditworthiness of the borrower, and the borrower does not need to provide guarantees. Its characteristic is that the debtor does not need to provide collateral or third-party guarantees to obtain a loan based only on its own creditworthiness, and the borrower's creditworthiness is used as a guarantee for repayment. This kind of credit loan has been the main lending method of our country's banks for a long time. Since this type of loan has high risks, it is generally necessary to conduct a detailed inspection of the borrower's economic benefits, management level, development prospects, etc. to reduce risks.

Currently, credit loan business is mainly handled through banks, loan companies, and electronic financial institutions.

Conditions for applying for a credit loan:

1. Chinese citizens who have a fixed residence in China, a permanent residence in a local town, and full capacity for civil conduct.

4. Obtain a personal credit rating of A- or above from Industrial and Commercial Bank of China;

5. Open a personal settlement account at the bank;

6. Bank Other conditions specified.

In addition to meeting the above basic conditions, borrowers who also meet one of the following specific access conditions are special access customers for credit loans:

(1) Medium-sized borrowers who are high-quality corporate customers of the bank Senior managers and senior professional and technical personnel;

(2) Individuals with self-owned assets of more than 2 million yuan (inclusive);

(3) Regional platinum card customers;

(4) Hold a bank personal wealth management account for more than 1 year (inclusive) and the average annual deposit balance of the account is more than 200,000 yuan (inclusive);

(5) Be an individual in the bank Loan customers with a loan amount of more than 500,000 yuan (inclusive) and no default repayment record for more than 2 consecutive years (including customers whose loans have been settled).