With the continuous development of social economy, people will encounter the problem of shortage of funds in their daily lives, whether they are living consumption or operating production. It is always inconvenient to borrow money from relatives and friends around you, and loan is undoubtedly the best choice. Among them, pledge loan is also a very good loan method. So what is a personal pledge loan? The so-called pledge loan refers to the RMB loan that the borrower applies to the bank with his own or a third party's right certificate, such as time deposit certificate, card-discounted time deposit, voucher-type national debt, etc. as pledge. The pledge of general pledged loans needs to be kept by the lending institution, and the borrower may not use it during the loan period. Pledges can be bonds, bills of lading, stocks, intellectual property rights and trademark patents. Personal pledge loan is a RMB loan that the borrower applies to a banking financial institution that has been approved by China Banking Regulatory Commission to offer personal credit business with legal and effective pledge that meets the requirements of the bank. Its characteristics are: high loan amount: the maximum amount of pledged loans can reach 90% of the face value of pledged bonds, which is much higher than that of mortgage loans. Quick issuance: Personal pledge loan has simple procedures and processes, which can effectively solve the urgent needs of users. Pledges are various: for example, my or others' bank deposit certificates, national debt, insurance policies, bank wealth management products, etc. You can apply for a loan as a pledge. Widely used: the amount approved by the lending institution can meet the normal operation and daily life needs of the borrower.

: Personal pledge loan application conditions: living in China and having full capacity for civil conduct; Have a good credit record and willingness to repay; Having the ability to repay the loan principal and interest; Provide a valid certificate of rights recognized by the bank as pledge guarantee; Open a personal settlement account in China Industrial and Commercial Bank; Other conditions stipulated by the bank. Legal basis: Article 2 1 of the General Principles of Loans stipulates that the borrower shall not transfer the original loan price (interest rate) as an intermediary to raise the interest rate in the financing market and affect the stability of the financial market. Article 40 of the Commercial Bank Law stipulates that credit loans shall not be granted to related parties, and the conditions for granting secured loans to related parties shall not be superior to those of similar loans from other borrowers, so as to safeguard fair trade and the safety of its own funds.