For many lenders, the concept of joint guarantee and mutual insurance in personal loans of banks is very clear. In fact, most lenders will use orange juice for mutual insurance, but they will split it.
What do mutual insurance and joint insurance in bank personal loans mean respectively? The so-called mutual insurance is also the concept of "natural person guarantee". Generally speaking, the guarantor's principle is "the door is right", in other words, "the value is the same". For example, the total assets are similar and the business model is similar, so it is called "mutual insurance". On the other hand, joint guarantee refers to a guarantee composed of more than three people, like an industry, chamber of commerce or association. Then, the principle is the same as mutual insurance, which also requires "matching" and equal property. For example, the scale is similar, the business scale is similar and so on. What lenders need to know is that there is still a big difference between the two. Mutual insurance is mainly used for personal loan business and so on. ?
Second, what is a bank-guaranteed loan?
Network guarantee is an unsecured and unsecured loan for small and medium-sized enterprises launched by Alibaba in cooperation with China Construction Bank. What is a network joint guarantee loan? Network joint guarantee loan is a loan product that does not need any mortgage. A consortium of three or more enterprises applies for a loan from the bank, and the enterprises are aware of the risks. When any enterprise in the consortium cannot repay the loan, other enterprises in the consortium need to repay all the loan principal and interest for him. For example, if Party A, Party B and Party C in the consortium each get a loan of 500,000 yuan, everyone will bear the loan responsibility of 6,543,800 yuan+0.5 million yuan. Party A can't repay the loan of 500,000 yuan at maturity, and the legal representatives of enterprises B and C need to repay the loan of 500,000 yuan and interest ... Interest rate: according to the actual loan situation, the annual interest rate is mostly around 8 ~ 12% (according to the regulations of the People's Bank of China, the current benchmark interest rate for one-year loans is 7.47%). The specific interest rate varies according to the qualifications of enterprises, and the possibility of higher interest rates of individual enterprises is not ruled out. Interest shall be calculated on a daily basis, and interest shall be paid for as many days as possible; Amount: At present, the maximum loan amount for each enterprise is 2 million yuan; Loan term: 1 year.
Third, the difference between mutual insurance and joint insurance?
Mutual insurance is also the concept of "natural person guarantee". Generally speaking, the principle of guarantor is "adaptation", in other words, "equivalence". For example, the total assets are similar and the business model is similar, so it is called "mutual insurance".
On the other hand, joint guarantee refers to a guarantee composed of more than three people, like an industry, chamber of commerce or association. Then, the principle is the same as mutual insurance, which also requires "matching" and equal property. For example, the scale is similar, the business scale is similar and so on. There is still a big difference between the two. Mutual insurance is mainly used for personal loan business and so on.
4. What is mutual insurance and joint guarantee in personal loans of banks?
The so-called mutual insurance refers to the mutual guarantee provided by natural persons, which is the guarantee between two people.
1. The principle of security refers to that banks try their best to establish and avoid the risks and losses of credit funds in the process of operating credit business.
2. The principle of liquidity refers to the principle that commercial banks can recover loan funds within a predetermined period of time when operating credit business or without losses.
3. Profitable funds, improve the efficiency of the use of credit funds, maximize profits, and strive for the unity of the bank's own economic and social benefits.