If an employee is on the credit card blacklist, it means that the employee’s credit record is not good, which will affect the employee’s use of provident fund loans.

The main conditions for providing provident fund loans are as follows:

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who do not participate in the housing provident fund system cannot apply for housing provident fund. loan.

2. Those who participate in the housing provident fund system must also meet the following conditions when applying for a housing provident fund personal home purchase loan: that is, they must have continuously paid and deposited housing provident fund for no less than six months before applying for a loan. This is because if employees’ behavior of paying housing provident funds is abnormal and intermittent, it means that their income is unstable and risks will easily arise after the loans are issued.

3. One spouse has applied for a housing provident fund loan. Before the spouse has repaid the principal and interest of the loan, neither spouse can obtain another housing provident fund loan. Because housing provident fund loans are financial support provided to meet the basic housing needs of employee families, and are a type of "housing security" financial support.

4. When a loan applicant applies for a housing provident fund loan, in addition to having a relatively stable economic income and the ability to repay the loan, the loan applicant must not have a large amount that has not yet been paid off, which may affect the repayment of the housing provident fund loan. capacity for other debts. When employees are burdened with other debts, granting housing provident fund loans is very risky and violates the principle of safe operation of housing provident funds.

5. The maximum term of provident fund loans shall not exceed 30 years. When applying for a portfolio loan, the loan terms of the provident fund loan and the commercial housing loan must be consistent.

"Housing Provident Fund Management Regulations"

Article 26

Employees who have paid housing provident funds when purchasing, constructing, renovating or overhauling their own homes , you can apply for a housing provident fund loan from the Housing Provident Fund Management Center.

The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.

The risks of housing provident fund loans are borne by the housing provident fund management center.

Article 27

Applicants applying for housing provident fund loans shall provide guarantees.

Article 28

On the premise of ensuring the withdrawal and loans of the housing provident fund, the housing provident fund management center may use the housing provident fund to purchase treasury bonds with the approval of the housing provident fund management committee.

The Housing Provident Fund Management Center shall not provide guarantee to others.