1. Credit evaluation: Cloud tax loans usually determine the loan amount and interest rate according to the credit status of individuals or enterprises. If you have a time deposit, it means that you have a stable financial situation, which may have a positive impact on credit evaluation, thus improving the chances of obtaining loans.
2. Proof of income: You may need to provide proof of income to apply for a cloud tax loan. If you have a fixed deposit, it can be used as one of the proofs of your stable income, thus increasing the reliability of loan approval.
3. Interest rate and conditions: Some financial institutions may use your time deposit as collateral or guarantee to provide loans, which may affect the interest rate and conditions of loans. If you have a large time deposit, you may get more favorable interest rates and conditions.