I have low credit, low credit report, and no money in my bank card. Can I get a loan?

You have low credit and no money in your bank card. In this case, you can still get a loan, as long as you have a corresponding guarantee, or a mortgage.

Can you get a loan if you have no balance in your current account? ? These requirements must be met

When applying for a mortgage, the bank will ask the lender to provide bank statements, which is also a certificate that proves the borrower's repayment ability. However, many people have no balance in their bank statements and are worried that it will affect their mortgage application. So, can I get a loan if there is no balance in my current account? Here I will give you a brief introduction so that you can take a look at the bank flow requirements for mortgage loans.

Can I get a loan if I have no remaining balance?

Everyone should know that when applying for a loan, the key is to verify the borrower's repayment ability and willingness to repay. The repayment ability should be judged based on the income certification materials and bank statements provided. For example, if the bank statements are not enough Guan does not rule out the possibility of loan rejection.

Usually, banks’ basic requirements for turnover are that the monthly deposit time and amount are fixed, and the amount generally cannot be less than twice the monthly payment, and it must be sustainable, which must last for at least 6 months. There are also no words such as borrowing, loan, intermediary advance, transfer from financial institution, etc.

However, the bank does not stipulate that the statement must have a balance. After all, the bank statement includes detailed records of all receipts and payments of the bank card within a period of time. It is normal for there to be entries and expenditures. If it is only in but not out. It can be regarded as a current deposit. Many people cannot do this, especially many office workers who rely on wages for their expenses.

However, it is not recommended that the lender use up all the funds entered into the account every month, especially if it cannot be withdrawn on the same day it is entered into the account. This is considered an invalid flow, and the funds must be kept overnight. This is a must. You can try your best to deposit the next fund immediately when the previous fund is almost used up, so that the income and expenses can be connected.

The above is the relevant introduction to "Can I get a loan if I have no balance in my current account?" I hope it will be helpful to everyone.

Will the lack of bank balance affect the loan?

If there is no balance in the bank statement, it will generally not affect the loan, but it will be better if the bank statement has a balance and it will be more convenient to run the loan. Loan supply bank flow is mainly used to judge a person's financial ability, reflecting income level and repayment ability, and "flow" refers to the liquidity of bank card funds. There are incomings and outgoings. It is best to enter in a lump sum. Spend it separately.

The monthly expenditure on the statement is greater than the income, and the balance is basically 0. Will this affect the loan?

If it has an impact, the bank may feel that you have no ability to repay, which will have an impact on loan approval.

As the country begins to reduce leverage across the board, banks, in addition to increasing loan interest rates, have also stepped up their review of the processes that must go through bank flow for loans. Under normal circumstances, only those with fixed monthly income and stable and relatively high bank accounts are favored by banks.

Bank flow is divided into salary flow, self-deposit flow and transfer flow. The salary flow is the salary paid by the company at a fixed time every month. The self-deposit flow is the principal deposit and withdrawal. The transfer flow is the transfer in and out between the account and some other accounts.

Extended information:

The borrower's bank account can guarantee a fixed amount of deposit every month. Generally, banks will require the borrower to provide 3-6 consecutive months of wages. The purpose is to assess the stability of income and the continuity of repayment sources.

If you receive a cash salary, you can deposit a fixed amount at a fixed time every month. The more, the better. Deposit more and withdraw less, that is, the deposit amount should be greater than the cash withdrawal amount, and the personal account must have a certain balance every month.

This is the end of Zhihu’s introduction on Can I Get a Loan with a Small Bank Balance and Can I Get a Loan with a Small Bank Balance? Have you found the information you need?