Credit loan. According to a query on Sohu.com, 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 on its own credit alone, and the borrower's creditworthiness is used as a guarantee for repayment. This kind of credit loan has been the main lending method of Chinese banks for a long time. Credit loan refers to a loan method in which the borrower applies for a loan from a bank or other financial institution based on his personal or corporate credit record, and repays the principal and interest on time in accordance with the agreement. Loans of credit offer many advantages over traditional mortgages.