In a credit cooperative loan, the lender needs to have no loans overdue records for more than three consecutive times or accumulated loans overdue records for more than six times in the last two years, which is what people usually call "three consecutive times". In addition, there can be no outstanding loans in the lender's credit report, and the lender's credit card has no overdue record within 2 years.
Matters needing attention in loan:
After meeting the requirements of credit investigation, the lender must be a Chinese mainland citizen with full capacity for civil conduct, have a stable source of income and be able to repay the loan on time. At the same time, when applying for a loan, it is necessary to explain where the loan will be used, and it needs to be clear and legal. Of course, you need to open a current deposit account in a rural credit cooperative.
Credit cooperatives are rural cooperative financial institutions, which belong to formal lending institutions and have long-term cooperative relations with the central bank. Each user's loan records, repayment records and overdue records will be uploaded to the central bank's credit information system on time. If the lender has a bad credit record in credit investigation, it is difficult to apply for a loan from the credit union.
If your personal credit information is not very good, but you want to apply for a loan in a credit cooperative, you can try mortgage and secured loan, mortgage with a large amount of goods, or find a qualified person who meets the loan conditions of the credit cooperative to guarantee yourself.