Floating charge refers to the guarantee set by the mortgagor with all or part of his present and future property. Before exercising the mortgage right, the mortgagor reserves the right to dispose of the mortgaged property in the normal business process, which belongs to special mortgage. The floating mortgaged property is in a constantly changing state in the daily production and operation of the mortgagor, and the mortgagor can continue to operate.

The advantages of floating charge include expanding the scope of property that can be used as guarantee; Expand the scope of property that can be used as a guarantee; The disadvantage of giving full play to the enterprise value is that the floating mortgagor has the right to dispose of the mortgaged property freely, which leads to the instability of the mortgaged subject matter and the interests of the secured party are in an unstable state, which is not conducive to the realization of their interests.

For ordinary people, it is not floating to mortgage loans to banks every day. When making a mortgage loan, it will be evaluated according to the financial certificate submitted by the user, and then determine how much money the user can borrow. However, different banks will give different loan interest rates when handling mortgage loans. At this time, the borrower had better choose the one with low loan interest rate.

After handling the mortgage loan, you must repay it on time. If the repayment cannot be made on time, there will be a penalty interest, and the overdue records will be uploaded to the credit information center. It is difficult to apply for a loan again after personal credit information has deteriorated. Moreover, this overdue record is kept in the credit information for at least 5 years (the preservation time of paying off the arrears), and it will disappear automatically after 5 years.