Is there an age limit for the student loan*** with the borrower? These must also be met

Student loans from the student's place of origin are credit loans. In order to prevent risks, students and *** need to apply together with the borrower. Many people don’t know much about student loan regulations and borrower requirements. For example, some people may ask if there is an age limit. Let’s find out together.

1. Is there an age limit for the student loan*** and the borrower in the student’s place of origin? This depends on the identity of the *** and the borrower. Under normal circumstances, the co-borrower of a student loan from the student's place of origin is the student's parents. However, considering that some borrowers have no parents, their legal guardian can be the co-borrower, or they can voluntarily work with the student. ***Natural persons with full capacity for civil conduct who are responsible for repayment. Except for parents, who have no age limit, borrowers with other identities must be older than 25 years old and younger than 60 years old. If the *** and the borrower are over 60 years old when the loan is renewed, it is recommended to change the *** and the borrower. The student and the new *** and the borrower must bring the original ID cards of both parties, as well as copies and original household registers. The local financial aid center handles loan renewal.

2. In addition to the age limit, *** and the borrower must also meet these conditions: 1. *** and the borrower cannot be foreigners, and their household registration must be in the same place as the student’s before enrolling. County (city, district), and must be willing to repay the student loan; 2. ***The same borrower must not have an outstanding Development Bank credit student loan or university student loan.

3. What impact does the student loan *** have on the borrower? ***The same borrower is equivalent to the second borrower. Like the borrower, he has to bear the repayment obligations, but usually repays the borrower when he is unable to repay. If there is no repayment, or if the repayment is not made in full and on time, the credit of the overdue customer and the borrower will be damaged, and the bank will also be subject to collection. What documents do you need to prepare to apply for a student loan?

You need to bring the following things for a student loan in the student’s place of origin:

1. The ID card of the student and *** and the borrower (original and 2 copy).

2. Household registration book (only original copy).

3. Two copies of the application form signed and stamped with the admission notice or student ID card (original and 2 copies).

National student origin credit student loans refer to loans issued by the China Development Bank to freshmen and current students of ordinary colleges and universities with financial difficulties from eligible families, and are processed in the county (city, district) where the student’s registered residence is before enrollment. Student loans.

Loans from the student’s place of origin are credit loans. Students and parents (or other legal guardians) are the same borrowers, and both parties bear the responsibility for repayment.

The financial institution for credit student loans in the student’s place of origin is mainly undertaken by the China Development Bank, and other banking financial institutions are encouraged to carry out this business. The specific undertaking banks are jointly organized by the local finance, education, and banking regulatory departments. It shall be determined through consultation with China Development Bank and other financial institutions. Is there any age limit for parents to get a loan in their place of origin?

Loans in the student’s place of origin need to be applied for together with the borrower. Generally speaking, the borrower’s parents are the parents, and there is no age limit for parents to be the same borrowers. If someone else is the co-repayer, they need to be in the age range of 25-60 years old. Therefore, when loan students apply for student loans together with either of their parents, the age of the parents does not need to be considered.

In addition, for first-time loans in the student's place of origin, the loan student, *** and the borrower need to go to the county-level financial aid center to apply for the loan on-site. As for the loan renewal, the loan can be renewed online in some areas.