Is it true that personal unsecured micro-loans are available?
Unsecured micro-loans, that is, micro-credit loans, are business loans with individuals or families as the core, and the main service targets are the vast number of industrial and commercial self-employed, small workshops and small owners. The loan amount is generally an operating loan with individuals or families as the core, and the main service targets are the vast number of industrial and commercial self-employed, small workshops and small owners.
The loan amount is generally less than 654.38 million yuan, 1 10,000 yuan or more. Unsecured microfinance is an extension of microfinance in technology and practical application. The borrower does not need to provide a guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee.
Personal small loans are within 4 years and the amount is within 300,000 yuan, and no mortgage is required. The borrower may refer to a China citizen who has a fixed residence in China, a fixed residence in a local town (or a valid residence certificate) and has full capacity for civil conduct.
What is a small formal loan?
Generally speaking, it is the easiest thing for borrowers to find a professional lending institution if they want to obtain a safe and secure product. So first of all, we should make a full investigation of the organization. I suggest that you can inquire from official website of the local industrial and commercial bureau or directly to the office address of the small loan company. Including formal, small, pawn shops, money service platforms, etc. The borrower should know in advance.
In addition, for a formal loan company, there are basically the following characteristics:
(1) The business license name of a regular small loan company must contain the word "small loan", which can be verified by logging in to the credit information publicity system of enterprises in this province. Secondly, regular microfinance companies "only lend and don't save". Finally, you can check the registered capital of the enterprise. If the amount is too small, less than1million, be careful. It's rather suspicious to only fill in the telephone number column without writing a fixed number.
(2) Regular loan companies don't have to pay any fees when lending, but only pay a handling fee when lending, but those small companies that ask you to pay in advance under various excuses such as "deposit", handling fee and deposit when applying for loans must not be trusted.
(3) With the development of internet finance, credit review is becoming more and more relaxed, but those who are too loose, the procedures are too simple, and the loan interest rate is too low to be attractive, you must be more careful.
(4) Generally speaking, no matter how well the advertisement is done, you can only use your ID card for loan. In fact, in the actual lending process, you will also examine your personal income and credit situation. If you don't need to see anything, you can basically conclude that it is not very reliable.
(5) The new Private Lending Law stipulates that the annual loan interest rate is protected within 24%, and it is illegal to exceed 36%. If the interest rate is too high, this kind of microfinance is not reliable.
Is it true that personal unsecured micro-loans are available? What is a small formal loan? As for whether personal unsecured microfinance is true and what are the characteristics of formal microfinance, the above contents have been introduced and explained accordingly, hoping to help everyone.