If you cannot apply for a loan, the lending institution will inspect the borrower's repayment ability when granting the loan. At this time, if the borrower can only provide a social security card, he cannot prove his repayment ability. ?

If the borrower wants to apply for a loan, in addition to providing a social security card, he must also provide proof of employment, income certificate, personal ID card, bank statement and other loan materials issued by the unit. The loan can only be processed after the above loan materials are provided to the lending institution and reviewed. Residents who have paid premiums for more than one year can apply for a "social security consumption loan" at any branch of China Merchants Bank. This loan can be used for various purposes such as car purchase, decoration, studying abroad, tourism, consumption, etc.; and the loan amount is relatively high. It can basically meet all kinds of normal consumption needs; this loan limit can be used repeatedly and can be borrowed and repaid at any time.

Extended information:

The social security card has a wide range of functions. Cardholders can not only use the card to seek medical treatment and conduct real-time settlement of personal medical insurance accounts, but also handle pension insurance affairs; handle job registration and unemployment registration procedures; apply for unemployment insurance benefits; apply for employment training; apply for labor ability appraisal and claim benefits. Work-related injury insurance benefits; handle labor and social security affairs online.

The Social Security Card of the People's Republic of China is planned by the Ministry of Human Resources and Social Security and is issued to the society by local human resources and social security departments for use in various human resources and social security businesses. field of integrated circuit (IC) cards.

Reference: Social Security Card_Baidu Encyclopedia