Credit record is one of the conditions for applying for a loan. A good credit record is conducive to applying for a loan. General bank requirements for credit reporting: it cannot be overdue currently, cannot be overdue twice within half a year, cannot be overdue three times in a row within two years, and has failed to repay on time six times in total. Generally, loan banks require a credit check for half a year. If you don't have a credit check before, it will be difficult to apply for a loan.

Conditions for applying for loan business:

Natural persons aged 18-60 years old;

The actual age of the borrower plus the loan application period should not exceed 70 years old ;

Have a stable career, stable income, and the ability to repay the principal and interest of the loan on time;

Good credit, no bad records;

Other conditions stipulated by the bank.

Documents required for the loan:

ID cards of the borrower and his wife;

The borrower’s household register/non-residents need temporary residence permit and household register;

Marriage certificate/divorce certificate or court judgment/single certificate;

Income certificate;

Education certificate;

Bank statement;

Other real estate;

Copy of the business license of the unit (with official seal);

Larger deposit certificates, etc.;

If the borrower is an enterprise Legal persons must also provide annual inspection business license, tax registration certificate, organization code certificate, corporate articles of association, financial statements;

Other information required by the bank.

The process of applying for a bank loan:

The borrower submits a loan application;

Prepare loan-related information;

Account manager loan investigation;

Bank approval;

Both parties sign a loan contract;

Implement mortgage, pledge, unsecured contract or other guarantee contract;

Bank Loan;

Post-loan management;

Repay the principal and interest when the loan is due.