Borrowers can find local loan companies, usually only private loan companies will provide empty loans. Empty loan means that the borrower can apply for a successful loan when the mortgage or guarantee is successful. Empty loan can also be said to be a credit loan to a certain extent. It should be noted that although the procedures for short-term loans are relatively simple, the interest rate will be much higher than that of bank loans, and the loans of private lending companies have certain risks, which borrowers need to consider clearly.

Matters needing attention in loan

1. The borrower needs to know the purpose of the personal loan, and then specify the loan amount;

2. Before the loan, the borrower needs to know the interest rate of the loan product and calculate the interest to be repaid every month. Loans can be handled within the affordability of the individual economy;

3. The borrower needs to know the relevant information of the lender, whether it is a loan with an institution or a loan with an individual, so as not to be deceived;

4. When signing a loan contract, the borrower needs to specify the terms of the contract, especially the repayment time and interest.