Mortgage-free loan

Mortgage-free loan, also known as unsecured loan, or credit loan. No collateral is required, only proof of identity, proof of income, proof of address and other materials (the specific supporting materials will depend on the bank). The bank applies for a loan. The bank issues the loan based on the individual's credit situation. The expected annual interest rate is It is generally slightly higher than a secured loan. Customers can choose the loan term based on their specific circumstances and then sign a contract with the bank, which is guaranteed. Borrowers applying for personal small short-term credit loans must also meet the following conditions: 1. Have a legitimate occupation and stable economic income (monthly salary income must be more than 1,000 yuan), and have the ability to repay the principal and interest of the loan on time; 2. The borrower's unit must be an administrative, enterprise, or institution recognized by the lender and have a good cooperative relationship with the lender, and the lender must pay wages on his behalf; 3. Abide by laws and regulations, and have no illegal activities or bad credit records; 4 . Open a current savings account or credit card at the bank; 5. Sign an agreement with the lender agreeing to deduct the loan from its Peony credit card or current savings account; 6. Other conditions stipulated by the lender. Note: First of all, when applying for an unsecured loan, the most important thing that banks value is personal credit. A good credit record is an important sign that you have credit; credit is your stable income status, and income represents your financial source and also represents depends on your future repayment ability. Secondly, since the unsecured loan products of various banks are quite different, when applying for an unsecured loan, applicants may wish to visit several banks and make a comparison before deciding which bank to apply to. What does “unsecured loan” mean?

Unsecured loans, also known as unsecured loans, or credit loans, are small credit loans that do not require any collateral or guarantors. It does not require any collateral, just proof of identity, proof of income, proof of address and other materials, and a loan application from the bank. The bank issues loans based on the individual's credit situation. The interest rate is generally slightly higher than that of mortgage loans. Customers can apply for loans based on their personal credit conditions. Choose the loan term based on your specific circumstances, and then sign a contract with the bank to ensure your loan is guaranteed.

The basic conditions for unsecured loans are:

1. Be a resident of mainland China, aged 18-60 years old;

2. Be engaged in legitimate production Business activities, projects with development potential or market competitiveness, and the ability to repay the principal and interest of the loan on time;

3. Have a stable source of income;

4. Have no bad credit record . How to get an unsecured loan from a bank

An unsecured loan from a bank is a credit loan, which refers to a loan that is issued based on the creditworthiness of the borrower without the borrower needing to provide a mortgage guarantee. For office workers with stable jobs and less fluctuations in income, unsecured loans are very popular because they do not require collateral and can accurately choose a repayment combination based on their income. Therefore, more and more banks An unsecured loan. So how do banks get unsecured loans?

First of all, borrowers who apply for bank unsecured loans must meet certain basic conditions: 1. Aged in the range of 18-70 years old; 2. Have a fixed residence in the local area and work in the current unit It has been 3-6 months; 3. Be a white-collar worker with a stable source of income, and have the ability to repay principal and interest on schedule; 4. Abide by laws and regulations, have no illegal activities, and have good credit card and loan repayment records.

Secondly, to apply for an unsecured bank loan, you must submit application materials to the bank. The application materials are as follows: 1. My ID card and household registration book (if married, you need to provide your spouse’s ID card, original and copy of household registration book) 2. Proof of long-term local residence; 3. If you are an employee of an organization, you need to provide proof of income to prove your ability to repay in the future. If you are a self-employed person applying, you need to provide the original and copy of your individual business license, tax registration certificate and Copy; 4. Valid documents related to the collateral; 5. Proof of marital status; 6. Small loan guarantee application form; 7. Other required information.

Finally, the general process for handling bank unsecured loans is as follows: 1. Submit loan application; 2. Submit relevant information of loan application; 3. Submit to lending institution for approval of loan qualification; 4. Wait for approval of qualification review. Risk assessment and quota calculation of the lending institution; 5. Loans will be issued if the risk assessment is passed.