The stamp on the personal income certificate for the loan is not a guarantee. The income certificate is just a paper document proving the borrower's income. The stamp is to ensure the authenticity of the income certificate and is mainly used by banks to determine the lender. Economic income status to determine whether the borrower has the ability to repay.

Misunderstandings to avoid when issuing an income certificate

1. The more content in the income certificate, the better

Not only the amount on the income certificate, but also the amount in the income certificate The content is also very important. The content is not about too much but about the essence. In addition to basic information such as name and position, it is important to focus on high-value information such as stocks and dividends, which can add a lot of points to your overall repayment ability. In addition, the company address, contact number, and company seal must be attached at the end.

2. The higher the income certificate, the better

Generally speaking, the income required by banks is at least twice the monthly mortgage payment, so the income certificate will affect the amount of mortgage application. , some people will think that the higher the income certificate is, the higher the limit will be, but this is not the case. When issuing income certificates, you must seek truth from facts and do not over-exaggerate the income amount. Appropriate adjustments must be made based on the city and company's income standards.

3. Social security and provident funds have a lot to do with proof of income

There is a misunderstanding that social security and provident funds have nothing to do with proof of income, as long as the income is clearly stated. You must know that the social security provident fund is the best information that reflects your working hours. It can also indirectly calculate your monthly income, making the income certificate more convincing.

4. The information on the income certificate must be consistent

Every time you provide an income certificate to a financial institution, the record will be reflected in the credit report. If the previous income certificate is different from the new one, If there is any inconsistency in the income certificate information, such as an age error, the bank will focus on examining the reasons for the inconsistency. Once it is found to be false information, it will bear serious legal liability.

5. A certain deposit can be used as a substitute for proof of income

Some people mistakenly believe that some freelancers and self-employed people cannot apply for loans if they do not have a fixed business and stable income. The actual situation is that some banks stipulate that providing a certain amount of deposit certificate can replace the income certificate, so it is not that you cannot get a loan without income certificate as mentioned above. However, for banks with strict requirements, the review of income certificates may be relatively strict, and it may be difficult to apply for a loan.