Pre-credit refers to the pre-lending amount (loan amount) provided by commercial banks or financial institutions according to the overall qualification of customers.

Pre-credit line refers to the maximum loan line approved by commercial banks or financial institutions for customers' reference according to their credit conditions. The pre-credit line does not represent the actual loan line, and the actual loan line is subject to the system audit results after customers apply. It should be reminded that the pre-credit amount is generally higher than the actual amount, mainly to attract customers to apply, depending on the actual results.

the bank's pre-credit should specifically determine the amount of each loan and the actual total amount of loans within the determined credit line, according to the actual capital needs of local and customers, repayment ability, credit policy and the bank's ability to provide loans. The credit line is not the planned loan line or the allocated loan scale, but the internal control loan line implemented by commercial banks to control the risks of regions and customers.

the role of bank pre-credit

1. It provides customers with convenient and fast loan methods

Traditionally, customers need to apply for loans in person at the bank when they are in urgent need of funds, and conduct various procedures and qualification audits. This process is time-consuming and laborious, and sometimes it is even rejected for various reasons. Through pre-credit, customers can get the bank's credit line in advance, and even when they are in urgent need of funds, they only need to go through the formalities to get the required loans, which is convenient and fast.

2. Help customers to better plan and manage their finances

When pre-granting credit to customers, banks will determine the credit line according to their credit status, income and future repayment ability. Customers can make financial planning and decisions according to this quota, such as buying houses and cars and other large-scale consumption. At the same time, customers need to repay on time when using the pre-credit line, which also helps customers to form good repayment habits and effectively manage their own finances.

3. Improve customers' spending power and credit

Credit line can make customers have more funds for consumption, meet personal pursuits and needs, and improve their quality of life. For example, when a customer buys a house, there is a pre-credit line, which can speed up the whole purchase process and improve the success rate of buying a house. At the same time, a good repayment record will also enhance the credit of customers, and it will be easier to get approval in future loan or credit card applications.