1, reduce the loan amount. After the loan amount is reduced, the monthly supply pressure will be reduced, and banks will naturally reduce their requirements for income flow.
2. Try to choose long-term loans. The longer the loan term, the less the monthly repayment pressure, and the lower the bank's requirements for income flow.
3. Increase the down payment ratio. For car loans or mortgages, if you are not so confident about your income, you can increase the down payment ratio and reduce the loan amount, so that banks will also reduce the requirements for income flow.
4. Increase your income. This is the most direct way to deal with it, but it is not a simple matter to improve your income. The bank's inspection of running water is also strict, and its own running water bank may not be recognized.
5. Reduce your debt ratio. Before going to the bank to apply for a loan, you can settle other loans and control the debt ratio at a relatively low level, so that the bank will also reduce the requirements for income flow.
When there is no stable and sufficient income, we must be cautious in using credit products. If the income is insufficient, we will apply for a loan. Even if the loan is successful, there will be pressure on the final repayment. If you don't pay it, it's overdue and you have to bear the corresponding consequences.
Online loan users can also check their credit qualifications by docking third-party big data risk control platforms, such as Xiaoqi Credit Information and Sesame Credit. The former has established data cooperation with more than 98% online loan institutions in the market, so its query results are very accurate. Intuitively, you can not only know your own big data and credit situation, but also get various indicator data. The blacklist data of online loans are shared in most loan platforms, which means that if the borrower fails to repay or owes money on one platform, such bad records will also be made public on other loan platforms, so everyone must be careful to maintain their online loan credit, otherwise they will not be able to obtain online loan products with good personal credit when they encounter economic crisis again.
Extended data:
Do bank loans need running water?
Not all bank loans have the requirement of income flow. There are many kinds of bank loans, some of which do not need to provide traffic. Generally speaking, there are the following situations:
1, mortgage, car loan and other loans have requirements for running water. This is because banks need to know the repayment ability to avoid overdue loans after they are issued, so that banks will have relatively large capital losses. Generally speaking, banks will demand more than twice the monthly income, and banks that do not meet the requirements will refuse to lend.
2. Credit loans will not require running water. Credit loans don't need so much. They don't need running water or any collateral. When applying for credit loans, banks will pay attention to other aspects besides income. If the conditions are met, the bank will still pay.
3. Some secured loans do not need to provide running water. If the guarantor is found to have excellent qualifications, the bank can also relax the requirements for income flow.
As can be seen from the above, not all bank loans need to provide running water, but even if banks do not require it, they should pay attention to their income when applying for loans, and do not apply for loans beyond their income capacity.
Specific to whether to provide income flow, it needs to be subject to the notice of the loan bank. If banks have requirements for the flow of income, then the income generally required is more than twice the monthly payment, which is still relatively strict.