How to borrow personal credit loans?

1. The borrower shall submit a series of materials to the bank except the ID card, including the loan application approval form; Proof of address; Proof of occupation and income; And other information required by the bank.

2. After the application materials submitted by the borrower are approved by the bank, both parties sign a loan contract.

3. The bank issues loans to borrowers through transfer.

The loan term is generally 1 year (inclusive), and the longest is no more than 3 years. If the personal credit loan is not extended and cannot be repaid on time due to force majeure or accidents, with the consent of the bank, if the loan term is within 1 year (inclusive), it can be extended once. The extension period shall not exceed the original loan period, and the accumulated loan period (inclusive) shall not exceed 1 year. Lirong.com's loan conditions are more selective than bank loans.

Extended data

Loan application conditions

1. If the credit rating of enterprise customers is above AA- (inclusive), credit loans can be issued with the approval of provincial branches of state-owned commercial banks.

2. The total profit of operating income accounting has increased continuously in the past three years, the asset-liability ratio is controlled within a good range of 60%, and the cash flow is sufficient and stable.

3. The enterprise promises not to mortgage (pledge) or provide guarantee for others with its effective operating assets, or obtain the consent of the loan bank before mortgage (pledge) and provide guarantee for others.

4. The operation and management are standardized, and there are no bad credit records such as debt evasion and default on interest.

Baidu encyclopedia-credit loan

Baidu encyclopedia-personal credit loan