It is not necessary to clear other liabilities when applying for a provident fund loan. As long as the debtor's debt ratio is not very high, the personal income can completely cover the provident fund loan and other loan debts. When applying for a provident fund loan, Usually it will not be affected.

However, if the lender has too many liabilities, in order to improve the loan success rate when applying for a provident fund loan, it is necessary to repay other liabilities in advance to reduce the debt ratio. If the debt ratio is too high, When you apply for a loan, you are likely to be rejected.

When applying for a provident fund loan, the Provident Fund Center will generally examine the status of the borrower's provident fund account, credit report, income and work information. The lender needs to prepare in advance and have the information ready for review by the Provident Fund Center. , speeding up loan efficiency.

The amount of a provident fund loan is related to the balance of the provident fund account, so if you plan to apply for a provident fund loan in the future, it is best for the lender not to withdraw the funds in the provident fund account, so that you may be able to apply for more provident fund loans.

Don’t take overdue online loans lightly, because in addition to collection, personal credit will also be affected. Especially for online loans with credit bureaus, once there is an overdue record, it will have a serious impact on future bank loans or credit card businesses. Even if online loans cannot be listed on the credit bureau, the data can still be recorded. You can check your online loan history, overdue details, debt status, dishonesty information and online loan blacklist in "Kingfisher Data".

Extended information:

Is there any relationship between the provident fund balance and the loan?

The balance of the provident fund is related to the loan. The specific amount of the provident fund loan needs to be calculated based on the balance in the borrower's provident fund account.

The larger the provident fund balance, the higher the provident fund loan amount that the borrower may apply for.

The housing provident fund management center in most cities stipulates that the loan limit of the provident fund is 10-20 times the balance in the provident fund account.

In addition to calculating the loan limit based on the balance in the provident fund account, there are four other ways to calculate the provident fund loan credit limit.

1. According to some city regulations on house price calculation, if the house purchased by the borrower with a provident fund loan is a second-hand house, the amount will be calculated based on the appraised value of the house when applying for the loan.

Generally speaking, you can usually only get about 70% of the appraised value of the house.

When applying for a housing provident fund loan, the borrower also needs to pay a down payment in accordance with regulations. The amount of the housing provident fund loan applied for by the borrower shall not exceed the balance of the total price of the house minus the down payment.

2. The calculation formula of this calculation method is more convenient based on the repayment ability. If you are unmarried, the loan amount = [(the borrower’s total monthly income and monthly housing provident fund deposit amount) × 40-borrowing The person’s current loan monthly payment]×loan term.

In the married state, the amount = [(the spouse’s total monthly income + the spouse’s monthly housing provident fund deposit amount) × 40 – the spouse’s existing monthly loan payment] × loan term.

3. If you use your own housing provident fund to apply for a housing provident fund loan based on the maximum limit, the maximum loan limit is 400,000 yuan.

If you use your spouse’s housing provident fund to apply for a housing provident fund loan at the same time, the maximum loan limit is 600,000 yuan.

If you use your spouse’s housing provident fund to apply for a housing provident fund loan at the same time, and you or your spouse make regular deposits into the housing provident fund when applying for a loan, the maximum loan limit is 700,000 yuan.

4. The calculation of the provident fund loan amount does not depend on the provident fund account balance, but on the provident fund deposit period. Normally, you can apply for a loan if you have continuously paid the provident fund for more than half a year. You can apply for a loan for every one year of deposit. 100,000 yuan, if less than one year, it will be calculated as one year.