Although the loan market is getting bigger and bigger, there are more and more lending institutions and products, and there are more and more ways to apply for loans naturally, but do you know? There are many opportunities for loans, which does not mean that anyone can apply for loans. If you make the following mistakes, you will be among the lenders.
1. Personal credit record is "defiled"
When a borrower applies for a loan, the lending institution will first check the borrower's credit status. If the borrower's personal credit is found to be "stained" after inquiry, the loan may be refused.
2. The monthly income is not up to standard.
Different lending institutions have different requirements for borrowers' monthly income. For example, CreditEase's new wage loan in Wuhan requires borrowers to apply for a monthly income of 2,500 yuan; The unsecured loan of China Construction Bank requires the borrower to earn more than 6,000 yuan a month.
3, the debt is too high
According to the regulations of most lending institutions, the borrower's monthly repayment amount cannot exceed 50% of his monthly income, otherwise it will be difficult to get a loan. Why? Mainly because your monthly repayment amount is large, the lending institution has to doubt your repayment ability.
4. The purpose of the loan is not in compliance.
Among many types of loans, consumer loans are the most widely used. You can apply for this loan for car purchase, decoration, travel and education, but you can't apply if you want to use the money from this loan for investment and gambling.
5. The application materials are incomplete.
If you want to get a loan smoothly, the borrower needs to provide complete loan materials, otherwise you can't get a loan. Therefore, before applying for a loan, the borrower had better consult the lending institution about the loan procedures that need to be provided and make preparations in advance.
Therefore, personal credit record is a very important reference factor. Many times, the loan application will be rejected by the bank simply because of the poor credit record.
I hope my answer can help you. Satisfied, please adopt!