Among them, rural credit cooperative microcredit is a loan product that serves the rural economy. The loan amount ranges from 50,000 to 100,000 yuan, and the repayment period is 1 to 12 months. So, how to apply for rural credit cooperative microcredit? Can I still get a loan if the loan is overdue?

How to apply for rural credit cooperative microcredit?

First of all, the application conditions for small credit loans generally include the following points:

(1) Have a fixed residence in China, or have a local urban permanent residence (or valid residence certificate) , or Chinese citizens with full capacity for civil conduct who have a fixed place of business.

(2) Have a legitimate occupation and stable economic income, and have the ability to repay the principal and interest of the loan on time.

(3) There is no bad credit record, and the loan cannot be used for house purchase, stock trading, gambling, etc.

(3) Other conditions stipulated by rural credit cooperatives.

The above are the conditions required to apply for rural credit cooperative microcredit. Among them, the application process for small credit loans is generally as follows:

(1) The applicant submits materials to apply for a loan from the Rural Credit Cooperative.

(2) After receiving the application, the rural credit cooperative will assess the applicant's credit rating, and based on the assessed credit rating, determine the credit loan limit of the corresponding level and issue a "Loan Certificate".

(3) The applicant should go directly to the rural credit cooperative to apply with the "Loan Certificate" and valid identity document.

In addition, when rural credit cooperatives receive a loan application, they must review the purpose and amount of the loan, and the loan can be issued if the review is qualified.

Can I still get a loan if the loan is overdue?

Among them, if your credit report has been overdue more than 6 times in the past two years or has been overdue 3 times in a row, you can no longer apply for a loan. If the number of overdue loans shown on your credit report does not exceed the limit, you can apply for a loan.

However, although it is said that you cannot apply for a loan if you are overdue more than 6 times or three times in total, most lending institutions will reject the application if you are overdue three or four times, and some will even reject it if you are overdue. Therefore, after applying for a loan, it is best not to be late, otherwise it will affect your future loan applications.

How to apply for rural credit cooperative microcredit? Can I still get a loan if the loan is overdue? The above content has given a brief introduction to this issue. In addition, as for whether you can get another loan after the loan is overdue, it depends on the overdue situation. Therefore, it is best for everyone not to have overdue loans to avoid affecting future loan applications.