What are the guarantee conditions for provident fund loans?
The guarantee of provident fund loan must first pass the conditions of full capacity for civil conduct, no balance of provident fund loan and no other bad debts. Secondly, the guarantor has a fixed residence in the local town, a stable personal income, and can produce proof of continuous normal deposit of housing provident fund for more than 6 months. Finally, the guarantor's age and guarantee period cannot exceed the statutory retirement age.
What is housing provident fund loan guarantee?
The so-called housing provident fund loan guarantee refers to the housing provident fund loan guarantor, which summarizes the process of handling individual housing provident fund loans for provident fund borrowers and provides joint repayment obligations. The housing provident fund loan guarantor is the loan guarantor that the lending institution requires the provident fund borrower to provide, mainly to ensure the security of the provident fund loan funds and reduce the risks in the process of housing provident fund loan.
Responsibility of Guarantor of Housing Provident Fund Loan
The reason why the provident fund lending institution requires the lender to provide a guarantor is that if the borrower fails to repay the loan, the guarantor will be responsible for the repayment and reduce the loan risk. Therefore, before committing others to be guarantors, you must think clearly, because when you sign as a money debt guarantee, you have to bear the risk of helping others repay. In other words, you have signed a provident fund loan guarantor, and unless the borrower is approved by the lending institution to cancel your guarantor qualification, you are a permanent guarantor.
Summary: The above is about what is the guarantee condition of provident fund loan and what is the guarantee of housing provident fund loan. I hope it will help everyone. For more information, please keep an eye on Qijia. com。