The blacklist of banks is not absolutely forbidden to apply for loans, but it depends on the reasons, frequency and degree of your bad records and how long you have had them. For example, the annual credit card fee is forgotten, overdue 1.2 days, lost and forgotten, and so on. At present, many small commercial banks are very flexible in approving loans. They won't look at your statement or credit record in a formulaic way like the four major state-owned banks, but will analyze the factors that cause your bad credit record.
A simple understanding of a loan is to borrow money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.