Squirrel Loan is a loan under Beijing Hengshan Xincheng Technology Co., Ltd., which was formerly known as Squirrel Finance. The loan rate is not particularly high. Average reliability.

1. Small loan application conditions:

1. Be a resident of mainland China who is over 18 years old.

2. Have a stable residential address and work or business location.

3. Have a stable source of income.

4. No bad credit record, and the loan cannot be used for stock trading, gambling, etc.

5. Other conditions required by the bank.

2. Small loan application process:

1. Submit an application to a local bank or lending institution.

2. Prepare various information required for the loan.

3. Interview with a bank or lending institution.

4. The bank reviews the lender’s qualifications

5. Passes the review and successfully lends money.

2. How to get a loan if your credit is not good?

For people with poor credit, you can try three methods to get a loan. These three methods are:

1. Apply for a mortgage loan: For people with bad credit, it is more difficult to apply for a loan from a financial institution based solely on their own credit. Therefore, you can consider applying for a mortgage loan. Generally speaking, real estate, cars, valuable antique calligraphy and paintings, equity in listed companies, etc. can be used to apply for mortgage loans.

2. Choose an online loan platform with low thresholds: At present, some online loan platforms with lower thresholds can also be tried, and there is a possibility of success even with poor credit. However, the loan limits of online loan platforms are often relatively low, especially for people with poor credit. Sometimes, the loan amount you can get is only a few thousand dollars, or even a few hundred dollars.

3. Wait for the credit record to be eliminated: According to regulations, if everyone pays off the debt, the bad credit record will be automatically eliminated after 5 years. Generally speaking, bad records that have existed for more than 2 years will have very little negative impact. Therefore, you can apply for a loan after the bad record is eliminated or the negative impact is weakened.