1. Major commercial banks

Major commercial banks are the first way to apply for loans. However, the threshold for applying for bank loans is the highest, and the general requirements for occupations are civil servants, institutions or employees of state-owned enterprises. The expected annualized interest rate of bank loans is low and the amount is high, but the approval is slow and the procedures are complicated.

2. Company

The company's requirements are lower, and generally it can't meet the requirements of bank loans. If the credit conditions are poor, you can find a company. The threshold of the company is low and the loan is fast, but the expected annualized interest rate is high.

3. Consumer finance companies

Consumer finance companies are also a good channel to apply for loans, mainly for individuals, providing various consumer loans. Consumer finance companies generally require stable working income, and the expected annualized interest rate is higher than that of banks, but it is easier to review and lend faster. China has consumer finance companies such as Gitzo, Bank of China and Yin Bei.

4. Internet finance companies

All the above are traditional entity lending institutions. Now, you can also apply for a loan from an Internet finance company. Online review of the whole loan process, without mortgage guarantee. Loans are minutes and hours. Such as flashing silver, recruiting soldiers, etc.

5. Online lending platform

There are several ways to borrow money.

The types of bank loans refer to the forms of loans. According to the provisions of the General Principles of Loans, the main forms of loans issued by commercial banks in China are entrusted loans, credit loans, mortgage loans and discounted bills. At the same time, commercial banks actively carry out market-oriented financial innovation and launch many loan varieties that meet the needs of small and medium-sized enterprises.

1In June, 1996, the General Rules for Loans promulgated by the People's Bank of China classified bank loans as follows:

(1) Self-operated loans, entrusted loans and specific loans. Self-operated loan refers to the loan that the lender raises funds in a legal way and issues independently. The risk shall be borne by the lender, and the principal and interest shall be recovered by the lender. Entrusted loans refer to loans provided by clients such as government departments, enterprises, institutions and individuals, which are issued, supervised and recovered by lenders (i.e. trustees) according to the loan object, purpose, amount, term and interest rate determined by clients. The lender (trustee) only collects the handling fee and does not bear the loan risk.

(2) Special loans refer to loans granted by wholly state-owned commercial banks after taking corresponding remedial measures for possible losses caused by loans with the approval of the State Council.

(3) Short-term loans, medium-term loans and long-term loans. Short-term loans refer to loans with a loan term of less than one year (including one year). Medium-term loans refer to loans with a loan term of more than one year (excluding one year) to less than five years (including five years). Long-term loans refer to loans with a loan term of more than five years (excluding five years).

(4) Credit loans, secured loans and discounted bills. Credit loan refers to the loan issued by the borrower's credit. Secured loan refers to secured loan and mortgage loan. Secured loan refers to a loan issued by a third party in the form of guarantee stipulated in the Guarantee Law of People's Republic of China (PRC), which promises the borrower to assume general guarantee liability or joint liability in accordance with the agreement when the loan cannot be repaid.

(5) Mortgage loan refers to the loan granted with the property of the borrower or a third party as collateral according to the mortgage method stipulated in the Guarantee Law of People's Republic of China (PRC).

(6) It refers to the loan issued with the movable property or rights of the borrower or a third party as pledge according to the provisions of the Guarantee Law of People's Republic of China (PRC). Bill discount refers to the loan issued by the lender by purchasing the unexpired commercial paper of the borrower.

Generally speaking, bank loans are mainly divided into the following six types:

1, which can be divided into short-term loans, medium-term loans and long-term loans according to the repayment period;

2. According to different repayment methods, it can be divided into demand loans, term loans and overdrafts;

3. According to the purpose or object of the loan, it can be divided into industrial and commercial loans, agricultural loans, consumer loans and securities broker loans.

4. According to the different loan guarantee conditions, it can be divided into bill discount loan, bill mortgage loan, commodity mortgage loan and credit loan.

5. According to the loan scale, it can be divided into wholesale loans and retail loans;

6. According to the different ways of interest rate agreement, it can be divided into fixed interest rate loans and floating interest rate loans.

What are the ways of bank loans?

The mainstream loan methods of banks are: credit loan, mortgage loan and secured loan. The following are the characteristics of several loan methods:

1. Credit loan: When a borrower obtains a loan with personal credit, the lender's credit qualification and repayment ability are usually used as the basis for judging the loan amount. This kind of loan is risky because there is no mortgage and no guarantee.

2. Mortgage loan: The borrower needs to mortgage the collateral to the bank, and the bank has the right to dispose of the collateral for repayment.

3. The loan forms of certificates of deposit, insurance policies, short-term treasury bills and other valuable bonds are usually.

4. Guaranteed loan: If the borrower's loan conditions do not meet the requirements, friends and relatives with better qualifications can be used as guarantees, so that both the borrower and the guarantor will be responsible for the loan and the borrower can get the loan quickly.

What are the ways of personal loans?

There are several ways of personal loans:

The first is the bank.

As a formal personal loan channel, banks have many advantages. However, applying for a loan from a bank requires a lot of information, high requirements and long approval time.

Second, the company.

Compared with the cumbersome loan process of the bank, the company not only has a low application threshold, but also has relatively simple procedures.

Third, the Internet financial platform.

Borrowing through the Internet financial platform is very simple and convenient.

Definition of personal loan:

Personal loan, also known as retail loan business, has become an important loan business after decades of development. Personal loans refer to local and foreign currency loans issued by banks or other financial institutions to natural persons who meet the loan conditions for personal consumption, production and operation. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.

Definition of housing loan:

Housing loan is any form of housing loan support provided by banks and other financial institutions to buyers, usually with the purchased house as collateral. According to the source of loan funds, it is divided into provident fund loans and commercial loans. According to the repayment method, it can be divided into two types: equal principal and interest repayment method and average capital repayment method. The housing loan interest rate is based on the benchmark interest rate of banks in the same period, and the loan interest rates of different banks have slightly increased.

Personal housing provident fund loans:

Personal housing provident fund loan is a loan that employees who pay housing provident fund units to the fund management center on time in a specified period, buy or build their own houses (including second-hand houses) in this city, use their own property houses as collateral, and apply to the fund management center for guarantee by a legal person with guarantee ability. Loans can be issued by banks entrusted by the fund management center.

What are the loan channels?

1. Bank loan is the most common way. In bank loans, you need to submit various materials. General borrowers need to have good repayment ability and good credit. If mortgage loan is used, proof of assets is required; It takes a long time to approve loans in banks, but the loan interest rate is relatively low and there are many repayment options.

2. Online loan. There are many online lending platforms now. Common ones are ant borrowing, online business loans, Baidu spending money, micro-loans and so on. Money can be borrowed from these loan outlets. For ordinary people, the loan amount is not very high. If you want to have a high amount, you generally need good credit. For example, using ants to borrow money, the higher the sesame credit score, the more the loan amount.

At present, there are a large number of third-party loan companies in the private sector, and many people will borrow from these institutions in order to cope with the shortage of funds. Generally speaking, the interest rate of third-party loan companies is relatively high, but the loan time is fast and the interest paid when repayment is relatively high. If it cannot be returned in time, it may face the risk of debt collection.

If you need a loan, you can also borrow it from your relatives and friends, and you can promise to give some interest. This kind of loan usually doesn't have high interest, but you must pay it back on time after it expires. Even if it can't be returned in time, we should inform the reason in advance to prevent it from affecting your relations.

When choosing a loan channel, you can choose according to the actual situation. If you have time, you can choose a bank loan. After all, this is the most formal channel. If you need money urgently, you can choose a third-party lending institution or private lending, which will get the money faster.

It's best to evaluate your repayment ability before lending. If there is no repayment ability in the later period, it is best to give up the loan to prevent overdue repayment in the later period. Overdue records will also affect personal credit information.

What are the formal loan channels?

1. When choosing a loan channel, banks are the first to consider and the most formal; Banks need to submit different materials according to the loan type when handling loans, but all banks will require borrowers to have good repayment ability and good credit information. Only by cooperating with these banks will they consider lending. However, it will take a long time to borrow money from the bank, and the requirements for borrowers will be higher.

2. Peer-to-peer lending. Now many micro-loans can be applied online, such as Baidu Qianhua Loan, Lending Treasure and Micro-loan. The loan amount generally ranges from thousands to tens of thousands. These platforms are very formal, support the loan and return, and the application is particularly simple. Interest is calculated on a daily basis. If the loan amount is relatively small, it can be considered.

3. Loan companies, there are many third-party loan companies, all of which are legally operated. Lending them money will be faster, but the interest rate will be higher. If you can't repay on time in the later period, you may face offline collection.

In addition to the above, you can borrow money from friends and relatives in case of financial difficulties, and you can promise to pay certain interest, but you must return it within the promised period, otherwise it will affect the feelings between friends in the later period.

In fact, no matter how you borrow money, the first thing to know is whether you have the ability to repay. If you don't have the ability to repay on time in the later period, you'd better give up the loan to avoid the bad influence of overdue repayment on individuals in the future.

Basic conditions for handling loans: the borrower must be at least 18 years old, have valid identification and have legal income. Generally, it is necessary to provide the bank flow in the last six months, and the monthly income is generally 2 to 3 times the monthly repayment amount after the loan. Only in this way can the loan be successfully completed.