Housing loan and farmers' loan are two different concepts of loans. Housing loans are loans to buy real estate, while farmers' loans are loans to develop rural industries. These two loans are different in nature and purpose.
The difference between private lending and personal loans
Poor: 1. The loan requirements are different. Private lending means that as long as the borrower has certain repayment ability, he can apply for a loan. The review of personal loans is strict, and the borrower's repayment stability and integrity should be reviewed. 2. The lending speed is different. Private lending can be released immediately as long as a loan contract is signed, while personal loans are slow and many processes need to be approved. Article 667 of the Civil Code is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state.
What's the difference between husband and wife loans and personal loans?
Personal mortgage is different from husband and wife mortgage. Personal mortgage is generally a pre-marital loan. As long as the credit conditions and information of the lender are reviewed and the lender is the owner of the house property, it needs to bear the corresponding repayment responsibility;
Husband and wife mortgage belongs to the same debt of husband and wife. The loan bank will review the credit status of both husband and wife, such as checking the credit information, running water and income certificates of both parties. After the loan is successful, both parties have the property right of the house and have the obligation and responsibility to repay it.
Basic loan terms
Loan target: China citizens aged 18 to 60 with full capacity for civil conduct.
Loan amount: After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge amount, mortgage amount, guarantee amount or credit amount of the borrower. The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.
Guarantee method: mortgage, pledge, third-party guarantee or credit recognized by CCB.
Application materials to be provided:
(1) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.
(2) the guarantor's credit certification materials.
(3) Collateral appraisal report issued by the socially recognized appraisal department.
(4) Other documents and materials as stipulated by the Construction Bank.
(5) Original and photocopy of the borrower's valid identity certificate.
(6) local permanent residence or valid residence identity certificate.
(7) The borrower shall produce the income certificate issued by the employer, the borrower's tax bill and insurance policy.
(8) The pledge right required for the borrower to obtain the pledge and the amount of mortgage, the list of collateral and ownership certificate, the written document of the owner and the property that someone agrees to pledge and mortgage.
(9) The borrower also needs to provide the bill for the hydropower property where the company is located and the bill for the hydropower property with personal address.
The difference between two-person loan and one-person loan
1, loan amount
Couples can choose a different loan amount than a one-person loan. Banks attach great importance to the income of borrowers when approving loans. If the borrower borrows a loan alone, the income is generally not as much as that of the husband and wife combined, so the loan amount that can be applied for is naturally not as high as that of the husband and wife.
If the borrower wants to apply for a provident fund loan, the difference is even more obvious. Generally speaking, the maximum loanable amount of personal provident fund loans is 600,000, and the loanable amount of husband and wife is 654.38+0.2 million.
2. Repayment pressure
If the borrower applies for a personal loan, the banking system will only deduct the borrower's debit card balance when repaying. I applied for a couple loan. If the debit card balance of the primary lender is insufficient, it can also be deducted from the debit card of the secondary lender. In terms of repayment pressure, the pressure of husband and wife loans is relatively small.
3. Future plans
If the borrower wants to apply for a house purchase loan and has a house purchase plan in the future, then a personal loan is better. Many regions require a purchase restriction policy. If conditions permit, it is suggested that the borrower take out a loan in his own name first, and then apply for a mortgage again in the name of husband and wife. In this case, the pressure of down payment can be minimized.
(1) interest rate
The proportion of interest in the total loan funds within a certain period is the manifestation of the loan price. Namely: interest rate = interest amount/loan principal.
Interest rates are divided into daily interest rates, monthly interest rates and annual interest rates.
The lender determines the loan interest rate with the lending bank according to the benchmark interest rate and interest rate floating space announced by relevant laws and regulations of various countries.
(2) benchmark interest rate
The benchmark interest rate is a universal reference interest rate in the financial market, and other interest rate levels or financial asset prices can be determined according to this benchmark interest rate level. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the condition of interest rate marketization, financiers measure financing costs, investors calculate investment returns, and management regulates macroeconomics. Objectively, a universally recognized benchmark interest rate level is needed as a reference. Therefore, in a sense, the benchmark interest rate is the core of the formation of interest rate marketization mechanism. Simply put, you usually deposit money in the bank and he gives you interest. The greater the benchmark interest rate, the more interest; The smaller the benchmark interest rate, the smaller the interest.
How to get the lowest bank loan interest rate
First, choose the bank with the lowest interest rate to apply for a loan.
Although the central bank has introduced the benchmark interest rate, the interest rates of all banks will rise above the benchmark interest rate, and the specific floating situation is different from bank to bank. Therefore, in order to get the lowest bank loan interest rate, we must "shop around" and then choose the bank with the lowest interest rate.
Second, pay attention to personal credit reporting and maintain good credit reporting.
Bank loan interest rates are all calculated by computers based on personal credit information, income, work and other information. In other cases, you can only keep your credit information and try to repay your credit card on time to avoid overdue.
What's the difference between personal loans and husband-and-wife loans?
The person responsible for personal loan repayment is an individual and does not involve family members; Husband and wife loans, repayment responsibility is husband and wife.
First, in terms of loan types, it is generally appropriate to gradually upgrade from small to large. You can apply for a working capital loan from the bank through effective procedures such as pledge, mortgage or third-party guarantee, and then apply for a project loan after you have certain strength.
Second, in terms of loan amount, since the general economy of individual operators is not very rich, they should do what they can to avoid large investment.
Thirdly, in terms of loan interest rate, according to the relevant regulations of the People's Bank of China, commercial banks and urban and rural credit cooperatives can raise the loan interest rate of individual operators within 30%. However, the floating interest rates of banks and credit cooperatives are not consistent, so when applying for loans, you can' shop around' and try to choose financial institutions with small floating interest rates to lend.
4. In terms of loan term, the current short-term loans are divided into two interest rate classes: within 6 months (including 6 months) and 6~ 12 months (including 1 year). For short-term loans with a term of less than 1 year, the contract interest rate shall be implemented, and interest shall not be calculated in installments; Medium and long-term loans are divided into three grades: 1~3 years, 3~5 years and more than 5 years. Interest is calculated in stages for medium and long-term loans. When the loan interest rate is adjusted, the new interest rate of the same loan in the same period will be implemented in June of the following year 1.
Regarding the difference between family loans and personal loans, does personal loans have anything to do with families? This concludes our introduction. I wonder if you found the information you need from it?