Provident fund loans are not bank loans. The funds for provident fund loans belong to the provident fund management center. When users apply for provident fund loans, the provident fund center will entrust banks to lend money, but the loan funds still come from the provident fund center. Therefore, when users apply for provident fund loans, they need to submit an application to the provident fund center, not to the bank. Users pay the provident fund every month. When the provident fund is not taken out, the provident fund center will use the funds to issue loans and charge interest, thus giving interest to the money stored in the provident fund account. Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans. Loan terms: 1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans. 2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans. 3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families. 4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund. 5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same. Loan amount: Most cities have stipulated the maximum amount of a single housing provident fund loan. For example, the maximum amount of a single housing provident fund loan in Chengdu is 600,000 yuan; The maximum amount of Guangzhou housing provident fund loans is 500,000 yuan for individuals and 800,000 yuan for two or more applicants. Secondly, the maximum loan amount of housing provident fund does not exceed 70% of the total purchase price; When applying for provident fund loan, the monthly repayment amount/monthly income should not exceed 50% (including the sum of the monthly repayment amount of existing liabilities and current liabilities). The loan period of housing provident fund is 1-30 years, and the longest period shall not exceed the time when the borrower is away from the statutory retirement age; On the basis of considering their repayment ability, employees approaching retirement age can appropriately relax the loan period 1-3 years. Legal basis: Article 26 of the Regulations on the Management of Housing Provident Fund, employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
Second, can the provident fund be loaned?
Certainly not, for three reasons: 1. According to national regulations, housing provident fund loans can be used for house purchase and house decoration. Theoretically speaking, housing renovation can borrow provident fund, but the local housing provident fund can issue provident fund housing renovation loans on the condition that the total amount of provident fund loans in the region in that year does not exceed 60% of the total amount of provident fund deposits, unless there are very few economically underdeveloped cities and other places, this situation no longer exists, that is to say, basically no provident fund loans can be made. 2, you have no property rights, and the provident fund housing renovation loan will not be issued to you at all. 3, the original house decoration, you just can't get a loan, you can also take out your own provident fund, but you have no property rights, and even this road is blocked.
Three or five years, the credit card is overdue twice, can the provident fund be loaned?
Credit cards are overdue twice in five years, and provident fund loans have little impact. Provident fund loans are managed by the provident fund.
Provident fund loan conditions:
1. Have permanent residence or valid residence in the local administrative area.
2. At the time of application, the housing provident fund has been paid normally for more than one year, and there is no down payment for house purchase and no balance of provident fund loans;
3. There is a contract or agreement for the purchase of housing, and the down payment amount is not less than 30% of the value of the purchased housing;
4. Have a relatively stable professional and economic income, have the corresponding loan repayment ability, and have good personal credit;
5. Units with sufficient compensation capacity recognized by the Provident Fund Center.
6, other conditions stipulated by the provident fund center.