Credit loan terminology
A credit loan is a loan issued in the creditworthiness of the borrower, and the borrower does not need to provide a guarantee. The characteristic is that the debtor can obtain the loan only by virtue of his own credit without providing collateral or third-party guarantee, and the borrower's credit degree is used as the repayment guarantee. This kind of credit loan is the main way of lending by banks in China for a long time. Due to the high risk of this type of loan, it is necessary to conduct a detailed inspection of the borrower's economic benefits, management level, and development prospects to reduce risks. The credit loan business is mainly handled by banks, loan companies and electronic financial institutions. Banks with credit loan products in China include China Merchants Bank, Citibank, Standard Chartered Bank, Ping An Bank, and Ningbo Bank. Credit loans (credit loans) are booming in the country. Although the time is not long, all parties are actively launching products to compete for the market. The credit loan of the loan company is about 20,000-300,000 and the interest rate is 1.5%-3%. Some of the loan companies are commonly known as usury. These products are characterized by fast speed and flexible quotas, but the cost is hidden in the fees and charges, and the actual loan cost is much higher than the public interest rate. The credit loan of the guarantee company is a credit loan provided to the customer through the guarantee company guarantee bank lending model. The amount can generally reach up to 300,000, and the fee model is the interest of the bank loan and the guarantee fee of the guarantee company. A formal guarantee company only charges a certain percentage of the guarantee fee without charging interest, which is also a criterion for distinguishing whether the guarantee company is formal. P2P lending and wealth management platform, the amount will not be too high, the speed is between the loan company and the bank, characterized by the completion of loan procedures through the network, can be repaid through online banking or Alipay, but the rate is not certain.
Credit loan general rule
According to the "General Terms of Loans", a credit loan is a loan that is issued without a guarantee and based solely on the credit status of the borrower. When a lender issues a credit loan, the borrower must be strictly reviewed and evaluated to confirm that its credit has the ability to repay. The original "General Principles of Loans" even stipulated that "strictly control credit loans, actively promoteSecured loanDue to the high risk of credit loans, most financial institutions generally need to conduct detailed investigations on the economic benefits, management level and development prospects of borrowers to reduce risks.
Credit loan application conditions
1. If the credit rating of the enterprise customer is at least above AA-(inclusive), the credit can be issued upon approval by the provincial branch of the state-owned commercial bank;
2. The total operating profit of operating income has continued to grow in the past three years, the asset-liability ratio is controlled at a good value range of 60%, and the cash flow is sufficient and stable;
3. The enterprise promises not to set aside (quality) pledge or provide guarantee to others with its effective operating assets, or obtain the consent of the lending bank before handling the pledge (quality) pledge and providing external guarantees;
4, business management practices, no escape of debt, interest, etc.Bad credit history.
Credit loan loan project
The National Development Bank is a government-developed financial institution and a national policy bank. Its loans are mainly invested in the construction of major projects such as infrastructure, basic industries, pillar industries and high-tech industries. As early as 2000, the China Development Bank issued a loan of 175 million yuan to the city for the construction of Jingsha Avenue and the drainage system of the ancient city. In 2003, in order to support the industrial development of the city, the National Development Bank accelerated the construction of industrial new areas and urban infrastructure, and agreed to provide another 1.5 billion yuan loan to the city. The nature of the loan is a government credit loan. Government credit loans are fundamentally different from traditional commercial loans. Government credit loans do not require bank-by-bank business review for the project, nor do they provide specific material guarantees. Instead, the local government is assessed as a special type of customer. The specific content includes credit rating and credit development evaluation. , risk limits and government credit lines. Compared with commercial bank loans, the development bank loan has a long loan period. The government can arrange funds in a long period of time. The repayment pressure is small, and it is exempt from debt review and corporate guarantee. The loan procedure is simplified compared with the commercial bank loan procedure.
Everbright Bank Credit Loan
China Everbright Bank provides unsecured, non-collateralized, good credit records and stable economic income customersSecured loan. Credit loans mainly promote the "Easy" series of products, including revolving loans, white-collar loans, salary loans, and quick loans.
Pointing to housingMortgage LoansThe high-quality customers give the circular credit in the form of quasi-credit, and the loan funds under the credit are used for personal comprehensive consumption.
The credit line granted by the “high-quality white-collar” customers who meet the requirements of this regulation is credited by credit, and the loan funds under the credit are used for personal comprehensive consumption.
For companies that entrust our bank to handle payroll business, the Bank can provide unsecured personal credit loans to its employees.
Quick and easy loan
A personal consumption loan for the credit guarantee method provided by our high-capital individual customers.
CITIC Bank Credit Loan
Your needs: want to get a loan without mortgage or guarantee
Service advantage: Convenient and efficient to meet customer financing needs.
Service Description: We offer you a credit loan with a maximum period of 3 years and a maximum amount of 1.5 million!
China Merchants Bank Small Credit Loan
1. No mortgage required: You can apply for a loan only with your personal credit.
2, the approval is faster: the procedure is simple, the information is complete, and the approval is completed in 2 days.
3, interest according to the day: use one day to count one day, do not use no interest, one day can also borrow.
4, remittance free: no matter local or remote, regardless of the amount of money, there is no need to pay settlement fees through online transfer and remittance.
5, with the borrowing and returning: opening the "turnover easy" function, you can apply for loans and repayments at any time through online banking.
6, circular credit: one time, recycling.
What is the reason for credit card to get credit card information?Why should I obtain the card information? 1. Guarantee the “tidy” in the billing mailbox. Since the mailbox is used as a bill for credit card, then this mailbox can only accept credit card bills. It is best not to have other irrelevant emails, especially Is another online lending institution, yellow, gambling
What are the methods for obtaining large credit loans?Although credit loans do not need to provide collateral, many people feel that the amount is too small to meet the capital turnover. So how can we get a large credit loan? What are the methods for obtaining large credit loans? There are usually three ways to obtain large credit loans: 1. The ratio of goods to the current three,
How can I apply for a large credit loan?Under normal circumstances, if the credit status is good and other conditions are met, the amount of personal unsecured loans is 3-10 times of the monthly salary, but what if you want to get a higher credit loan? How can I apply for a large credit loan? 1. Ensure that your personal credit history is good. If you want to think
What is the amount of personal credit loans?Traditional bank loans, only if you maintain and have good personal credit, can obtain a certain amount of bank loans without guarantee. For those customers who meet the criteria for specific access customers, you can also enjoy more preferential services. So, what is the amount of credit loan application? Credit loan application threshold: no property can be mortgaged, no
What are the procedures for personal credit loans?A credit loan is a loan product that does not require mortgage guarantee, simple approval, and is completely dependent on personal credit for financing. Which credit loan product is suitable for the borrower? It is the most important issue, of course, the loan process is also known. Credit loan process: First, the borrower needs to submit the identity card to the bank.
Who can apply for a large credit loan more easily?Compared to mortgage loans, credit loans do not need to provide collateral, which is much simpler and more convenient. However, since the loan for the application for the credit of the person is subject to risk control, the amount given by the general lending institution will not be too high. However, there are several types of people who can easily obtain large credit loans. So, what kind of people are there?