Provident fund is a long-term savings system established by the government to promote the housing consumption of employees. It aims to help employees solve the problem of buying houses and provide financial support and guarantee. Compared with other bank loans, provident fund loans usually have lower interest rates, longer repayment periods and more flexible repayment methods. In addition, the application process is relatively simplified. However, the approval of banks is becoming more and more strict, and applications for provident fund loans are often rejected. So what should I do after the provident fund loan is rejected? You will know after reading this article!

1. Improve basic information: First of all, the rejection of provident fund is most likely due to fraudulent qualifications, incomplete qualifications and incorrect personal information. Therefore, when you apply for provident fund loans again, you must improve your personal basic information as much as possible on the basis of ensuring authenticity. Don't cheat in order to get a higher quota, you will not only be refused a loan, but also be blacklisted by the bank.

2. Reduce personal debt: Due to the relatively large mortgage amount, a repayment amount will be increased every month. In the case of limited income, everyone needs to reduce their debt ratio as much as possible, such as canceling a few credit cards that are not commonly used and actively cleaning up other debts other than mortgages, so as to prove their repayment strength to the provident fund management center.

3, the first suite just needs service: Now the provident fund loan is mainly to provide services for the purchase of the first suite. Therefore, when you apply for a loan, you should find ways to prove that you bought the first suite. Without going through the city, the criteria for determining the first suite are different. Need to go to the local housing authority or real estate trading center to find out, and then issue a certificate of owning the first suite.

In addition, if the applicant is married and both husband and wife are paying the provident fund normally, then the spouse with good personal credit information, low current debt and high income can apply for provident fund loans, and the pass rate will be higher. In short, understanding the relevant policies and regulations, fully communicating with the provident fund management institutions and making good preparations before lending are the keys to successfully applying for provident fund loans.