At present, there are two kinds of home improvement loans and a credit card installment form, as follows: 1. Apply for personal credit loan for decoration. Credit loan is unsecured and unsecured. However, at present, more than half of the credit loan products on the market have higher requirements for consumers, or the threshold for asset certification is higher, or people in specific industries, VIP customers and senior managers of the company can apply, so it is necessary to strictly examine the details of the applicant's job nature, industry, income status and so on. At present, personal credit loan products of banks such as Bank of Ningbo, Bohai Bank, Standard Chartered Bank and Citibank are favored by consumers. The credit loan amount of these banks is generally 5-8 times the monthly income, and of course the interest rate will be higher. 2. Decoration loan of personal consumption loan The consumption loan here refers to the mortgage loan with certificate, that is, the consumption loan applied for by real estate mortgage. As many banks are engaged in this business, consumers have a relatively large choice. However, banks have different requirements for mortgaged real estate in terms of house price, house age and real estate area. Consumers must do their homework before applying. If an individual owns one or more properties, he can try to apply, not only to get more loans, but also to have a longer term. However, the specific loan amount depends on the bank's review of consumers' personal qualifications and real estate status (geographical location, house price, real estate area and house age). 3. Credit card home improvement staging At present, in order to better meet consumers' demand for home improvement staging, some banks have launched credit card home improvement staging business, targeting people who live in large and medium-sized cities, just bought new houses, have no money to decorate and have good credit records. The upper limit of the general quota is 6.5438+10,000-200,000, and the maximum installment quota of a single product is 500,000. However, it should be noted that the applicants should be civil servants, teachers, full-time employees of banks, and middle and senior managers of companies with registered capital of more than 30 million. The general stage of home improvement is 12 months, 24 months, and the longest is 36 months. For the list of domestic banks that can apply for home improvement by stages, please check the personal loan product selection of Easy Loan China in 2009. Applying for credit card installment home improvement will also be subject to certain restrictions, that is, the services and products selected by consumers must be cooperative merchants of banks. If the selected merchants are not among the cooperative merchants of home improvement staging, they cannot apply for staging. With prerequisites, what other conditions do applicants need? Real estate! As a mortgage guarantee, buyers need to provide real estate licenses or real estate sales or pre-sale contracts, purchase invoices, bank loan contracts, etc. Consumers must be clear about the provisions of bank home improvement by stages, such as credit limit and consumption limit, repayment problem, liquidated damages and other issues. Once you have handled the credit card home improvement stage, you should also pay attention to product quality and after-sales service. After all, once the money is given, it is easy to solve the quality problems in the decoration process in time. 4. In addition to traditional bank loans, loans from consumer finance companies are also one of the options. Consumer finance companies provide personalized financial products for customers such as commercial banks and credit cards. In fact, this kind of consumer credit has existed in foreign market economy for more than 400 years, and the relevant laws and regulations on consumer credit have been quite perfect. Different credit has different targeted laws to regulate it. However, China's consumer credit laws are not perfect and the market maturity needs to be improved. After being transplanted from abroad to China, consumer finance companies need to continue to explore ways in concrete practice. Consumer loans (durable consumer goods and general consumption purposes) provided by consumer finance companies shall not exceed 5 times of personal monthly income. The guarantee method is unsecured and unsecured, so consumers do not have to worry too much about the guarantee method. Due to the inherent advantages of fast loan approval and short loan cycle, consumer finance companies have largely made up for the slow approval of bank loans. Edit the application conditions of home improvement loan 1 in this section. Having a local permanent residence and a legal and valid identity certificate; 2. Have a proper occupation and stable income, and have the ability to repay the principal and interest of the loan at maturity. 3. The borrower can provide relevant asset certificates, bank statements, tax bill certificates, etc. 4. For newly purchased houses, materials such as house sales contracts and purchase invoices shall be provided (or materials such as house ownership certificates shall be provided if the original houses are renovated again); 5. Other conditions stipulated by the Cooperation Organization. Edit the relevant data of this paragraph of home improvement loan. The results of the "Household Consumption Survey of Post-80s" initiated by the All-China Federation of Industry and Commerce, Sohu Home and the mainstream media in Beijing show that nearly half of post-80s white-collar workers are more inclined to decorate 30,000 to 50,000 files under the pressure of rising house prices, and there is a big gap between the expenditure on home improvement and the house price of millions. Among them, 93% buyers are willing to make installment loans for home improvement, more than 60% consumers are willing to take credit card installment loans, and more than 80% consumers hope that loans can be interest-free. It is not difficult to see that, driven by the new consumption pattern, solving the decoration problem through financial tools has become a popular way for buyers. Remarks on home improvement loan in this paragraph: 1. If there is a real need for decoration at home, you can go to the home purchase guarantee in each district. If you cash out, you can find an acquaintance of the house purchase guarantee company to help, or find a mortgage intermediary or loan institution to handle it. 2. If someone can't sign the property right certificate on the spot, it needs to be notarized, and the notarization will entrust the mortgage of the house and the right to handle the loan to others. 3. Require the balance in the provident fund account of the main lender to be sufficient, generally 40% of the loan amount 1, and deposit it continuously for 6 months. Insufficient balance may lead to an increase in processing costs. 4. Generally, it is required that the area of the house to be renovated is more than 70 square meters. If the unit is good, it can be relaxed appropriately. The best room age is within 15 years, and it can be appropriately relaxed to 20 years if the unit is good. Failure to meet the above standards will lead to an increase in processing costs. 5. Shop around when handling, especially when the unit is normal. Generally, it is not difficult to apply for provident fund renovation loans. Any intermediary can do it and see which price is more affordable! 6. At present, the loan amount for renovation of provident fund is generally 1 1,000 yuan per square meter, which may be relaxed to 2,000 yuan per square meter in the future. And once it is opened to 2000 yuan per square meter, the handling fee will increase relatively. 7. Like normal commercial loans, decoration loans generally require the lender to have a good credit record. In the past, there should not be too many overdue records of credit repayment, otherwise the processing cost will increase. 8. Only after the renovation loan is paid off can you apply for a new provident fund housing loan. Therefore, if there is a demand for housing in the short term, it is not easy to make a provident fund decoration loan. 9. The loan was renovated two months ago, and cash needs to be deposited in the repayment account before it can be offset by the provident fund. After getting the loan, don't take all the money in the account, and leave a repayment limit of at least two months to avoid repayment default. Edit this paragraph of CCB's home improvement installment business. Cardholders apply to use their credit cards (including Dragon Card Dual Currency Credit Card and Dragon Card RMB Credit Card) to purchase goods or services in cooperative home improvement merchants of CCB. After the approval of CCB, the cardholder pays the home improvement payment at the home improvement merchants of CCB through a special installment POS machine, and the corresponding transaction amount is divided into several installments on average. The cardholder shall repay the loan on a monthly basis within the agreed time limit and pay a certain handling fee as appropriate. Features of CCB's home improvement installment business: convenient procedures. The storefronts of home improvement businesses can be accepted, and there is no need to sign complicated procedures. Preferential price. The discount of cooperative merchants is much lower than the bank loan interest rate in the same period. Exclusive quota. The maximum installment amount of home improvement can reach 200,000 yuan, which does not occupy the normal credit line. Flexible deadlines. Repay in installments for up to 24 months, and enjoy a warm home in advance. Easy financial management. The same goods in the store, the same price, the same benefits.
Second, what is a home improvement loan? Decoration companies need to sign contracts with banks. ...
At present, there are two kinds of home improvement loans and a credit card installment form to apply for, as follows:
1, apply for personal credit loan decoration;
2. Personal consumption loan decoration loan. Consumer loans here refer to mortgage loans with certificates, that is, consumer loans with real estate as collateral.
3. credit card home improvement staging;
4. Loans from consumer finance companies In addition to the traditional bank loans, loans from consumer finance companies are also one of the options.
I have an online loan, but it has never been overdue. Can I apply for a home improvement loan?
It depends on whether your online loan has been credited. If you don't get credit, the bank will judge your debt according to your income. The debt ratio reached more than 50%. That will have some impact. But it depends on what business you go to the bank for. Because of the high debt ratio, I didn't apply to Bank of Beijing for a renovation loan of 6.5438+0.5 million. If it is a consumer loan below 50,000, it will basically not affect it. I hope it will help you a little.
Four, one hundred thousand such processes! Please answer the bank name! Loan process! Need a mortgage? Repayment rate!
County working-class consumer loans
What is the consumer loan for county wage earners?
Rmb loan business with specific consumption purposes is issued by qualified county-level party and government organs, financial institutions that uniformly distribute wages, and superior core outstanding customers, with their wage income as the main source of repayment.
What are the characteristics of county wage earners' consumer loans?
1. Credit loans can be issued. As long as the prescribed conditions are met, the bank can give it to customers.
2. Flexible loan methods. In addition to credit, natural person guarantee and company guarantee can also be used, which are flexible and diverse.
3. Loans are widely used. Studying abroad and traveling, etc.
How to deal with it?
Loan process:
often
1. Who can apply for consumer loans for county wage earners?
The borrowers of county-level working-class consumer loans are the formal conditions of county-level party and government organs or enterprises and institutions in advantageous industries such as finance, tobacco, postal services, communications, petroleum, electric power, railways, highways, aviation, urban water supply and gas supply, and the core outstanding customers at the head office and branches:
(1) below the age of 1 (inclusive), with legal and valid identity documents, in the local area.
(2) There is no record of overdue credit card loans and malicious overdraft when applying for loans, and there is no record of overdue for more than 90 consecutive days (inclusive) in the last 24 months, unless reasonable reasons can be explained.
Including) above, with the ability to stabilize the loan principal and interest.
The loan shall provide legal, effective and sufficient guarantee recognized by the lender.
(settlement account or bank card account.
(
(7) Can provide qualified consumer use certificates.
(8) Other conditions stipulated by the lending bank.
2. What are the conditions?
In addition to meeting the basic conditions of the borrower, the borrower of the credit loan:
(1) The credit score reaches the standard set by the bank.
Work for more than 2 years (inclusive), and the income is stable at more than 00 yuan (inclusive).
(3) Meet the following minimum requirements: management personnel at or above the stock level in county-level party and government organs; Full-time key institutions of higher learning at or above the provincial level formally hold the post of lecturer or above; County-level public primary and secondary schools with brands, advantages of teachers and students, moderate debt level and standardized financial management, and teachers with intermediate titles or above; Comprehensive admission to a local public county-level hospital with a second-class B or above, or a relatively leading advantage; Top core outstanding customers and stock-level or middle-level managers of other institutions.
3. What does the borrower need to provide?
Customers who apply for loans for the first time should fill in the Application Form for Personal Credit Business of Agricultural Bank of China:
(1) Proof of valid identity and marital status of the borrower and spouse.
(2) Relevant certification materials of formal employees.
(3) Relevant materials of valid income certificate and repayment ability.
(4) Personal collection by the borrower
(5) Relevant materials required for personal credit rating.
Or use a statement.
(7)
(8) Other materials required by the lending bank.
4. How long is the term of consumer loans for county wage earners?
(1) The term of consumer loans for county wage earners shall be determined according to the principle of matching customers and employees, generally not exceeding 3 years.
(2) County wage earners should consult local commercial banks for consumer loans.
The amount in paragraph (3) is linked to the borrower's salary and income, and combined with the risks of the guarantee method.
The degree is certain, not the highest.
What is a Jie Bao loan?
Personal small guarantee insurance loan (hereinafter referred to as "Jie Bao loan") refers to the loan for personal legitimate consumption purposes issued by borrowers who meet the loan conditions and purchase personal consumption credit guarantee insurance in insurance companies. The longest loan period is 3 years, and the starting point of the loan amount is 6,543,800 yuan, and the highest is 6,543,800 yuan.
What are the advantages of Jie Bao loan?
1, with a wide range of loans. Individual customers who have a fixed residence or a stable work unit in the local area can apply;
2. Loans can be used for many purposes. Can be used for a variety of personal consumption purposes except buying a house;
The loan procedure is simple. You don't need a mortgage. You can apply for a loan on the same day at the earliest.
What are the conditions for a borrower to apply for a loan in Jie Bao?
1, with legal citizenship, can provide legal and valid identification.
2. Have a fixed residence or a stable work unit in the local area.
3. Have a stable economic income, with a monthly income of 2,000 yuan or more after tax, and have the willingness and ability to repay the loan principal and interest on schedule.
4. No bad credit record.
5. In the name of the borrower, I purchased the "Personal Consumer Credit Guarantee Insurance Policy of XX Insurance Company" in which the insured is China Agricultural Bank.
What are the procedures for handling loans in Jie Bao?
1. The customer applies for a loan at the handling bank designated by our bank and submits relevant materials, and the bank accepts the investigation.
2. Banks should review and approve the information and credit qualifications provided by borrowers.
3. The bank signs a loan contract with the borrower.
4. Loan issuance.
What is a home improvement loan?
Home improvement loan refers to a credit loan issued to a natural person who has applied for mortgage loan in our bank, which is used for the decoration of the house he has purchased, the purchase of furniture and household appliances and other consumer purposes.
What are the advantages of home improvement loans?
1, credit loan, without guarantee;
2. The maximum amount is 500,000 yuan, which can easily meet your new home decoration needs;
3. The procedure is simple and quick;
4. Flexible use of funds. The funds can be transferred to the account of the contractor and supplier, or directly used for credit card repayment.
What conditions do borrowers need to apply for home improvement loans?
1, the housing mortgage loan has been successfully handled in our bank;
2, a stable source of income, in principle, for the working class;
3. The application score must meet the admission criteria.
How to apply for a home improvement loan?
The customer applies for a home improvement loan → the bank conducts investigation and approval → signs a loan contract and supplementary agreement → issues the loan → the borrower repays the loan principal and interest according to the agreed repayment method → goes through the loan settlement procedures.
What is a personal comprehensive credit loan?
Personal comprehensive credit loan is a business that China Agricultural Bank determines the maximum credit line for individual customers according to their comprehensive credit conditions such as mortgage, guarantee and credit, and customers can easily obtain loans within the agreed period and maximum credit line.
What are the characteristics?
1. One-time credit recovery: You can apply for a credit line at one time and reuse it according to one or more combinations of mortgage, pledge, guarantee and credit.
2. Full use, convenience and flexibility: the loan can be used for consumer purposes such as housing, automobiles, house decoration, comprehensive consumption, and also for business purposes such as individual production and operation, which is flexible and extensive.
3, simple procedures, worry-free and interest-saving: after the borrower applies for a loan, if the property is mortgaged, it only needs to go through the mortgage procedure once; Interest can be calculated according to the actual loan amount and the actual use days.
What are the conditions for bidding?
1, 18-65 years old, in good health, with China nationality, valid identification and full capacity for civil conduct.
2. Have a permanent residence in the local area.
3. Personal legal assets with stable occupation, stable legal income or full repayment of loan principal and interest.
4. Good credit record, no gambling, drug abuse and other bad habits.
5. Open a personal account in the Agricultural Bank, and be willing to accept the credit and settlement supervision of the Agricultural Bank.
What is the credit limit and how to determine it?
The total amount does not exceed 5 million.
Total credit line = credit loan line, secured loan line and mortgage loan line.
How long is the credit period?
The comprehensive credit line for individual customers is generally valid for 2 years, and the credit line excluding secured credit is not valid for more than 3 years.
What is the term and interest rate of a single loan?
The maturity date of a single loan shall not exceed the maturity date of the credit at the latest;
The interest rate should be based on the purpose of the loan, in accordance with the relevant provisions of the People's Bank of China and the Agricultural Bank of China.
How to apply for a personal comprehensive credit loan?
The customer applies for personal comprehensive credit loan and submits relevant materials → the bank conducts investigation and approval → the bank signs credit contract and loan contract with the borrower → the loan is granted by mortgage pledge → the borrower repays the loan principal and interest according to the agreed repayment method → the loan settlement procedures are handled.
Tips:
Q: What if my credit expires and I want to continue to use it?
A: Before the credit line expires, if you don't have any bad records during the credit period, you can report to the original loan bank in advance, and you can get the credit line again after approval.
What is a personal housing "balloon loan"
Personal housing "balloon loan" is a new repayment method of personal housing loan: loan interest and part of the principal are repaid in installments, and the remaining principal is repaid once due.
Traditional repayment mode VS "balloon loan" repayment method
Examples of traditional repayment methods:
10 loan 10 interest rate 10 interest rate and 10 term are used to calculate the monthly payment.
Contradiction: In order to apply lower interest rates, the loan term must be shortened, and the monthly supply pressure increases;
In order to reduce the pressure of monthly supply, it is necessary to extend the loan term, so raising interest rates is applicable.
Summary: low interest rate and low monthly payment cannot have both.
Example of repayment method of "balloon loan":
5-year loan 5-year interest rate Monthly payment is calculated at 5-year interest rate, with a term of 30 years.
Summary: Enjoy both low interest rates and low monthly payments.
Applicable object
Once the personal housing "balloon loan" expires, the principal to be repaid is large, which is suitable for customers with strong financial strength.
Commercial advantage
Low interest rate, saving more interest:
You can choose a shorter loan term, apply a lower mortgage interest rate, and save interest expenses.
The low monthly payment makes it easier:
Although a shorter loan term (e.g. 5 years) is selected, a longer term (e.g. 10 year, 20 years, 30 years) can be selected to calculate the monthly payment, so as to reduce the pressure of monthly payment.
skill
Q: I want to enjoy the benefits of balloon loan with low interest rate and low monthly payment, but I am worried that I can't repay the remaining loan principal at one time. What should I do?
A: As long as you have a good credit record during the repayment period, if you can't repay the remaining loan principal in one lump sum when the loan expires, you can apply to the Agricultural Bank for a second loan in advance-you can get a second loan as long as you cooperate with the Agricultural Bank to go through the relevant procedures.
What is a personal self-help revolving loan?
Personal self-service revolving loan refers to the business that you can handle the loan and repayment by yourself through telephone banking, online banking, self-service terminals and other channels after obtaining the credit line of Agricultural Bank of China and signing relevant agreements.
application area
At present, the following four loan businesses can open "self-service revolving loans"
◆ Personal comprehensive credit loan
◆ Personal comprehensive consumption loan
Individual housing revolving loan
◆ Personal employment loan
What are the commercial advantages of this product?
1. The loan is independent and can be received immediately: when using money, it can be handled quickly through online banking, telephone banking, self-service terminals, counters and other channels of the Agricultural Bank of China.
2. Free repayment, saving interest: If you have spare money, you can repay in advance at any time to save interest to the maximum extent.
3. Sign a contract once and use it many times: open a personal revolving loan, which can be reused.
4, anytime, anywhere, personal service: whenever and wherever, as long as you have a telephone or network, there is a personal loan service.
5. The operation is simple, convenient and quick: you can repay the loan by clicking the mouse or making a phone call, saving time and effort.
I am in charge of my loan. Come and feel the self-service revolving loan of ABC!
Bidding method
Apply for personal comprehensive credit loan, personal comprehensive consumption loan, personal housing revolving loan or personal business loan, and apply for opening personal self-help revolving loan at the same time. After the approval, the Agricultural Bank can open it for you.
skill
Q: I once applied for a housing loan in China Agricultural Bank, but it was not a revolving house loan. Can I open a personal self-help revolving loan?
Answer: You can bring the original loan contract and your certificate to the Agricultural Bank of China to apply for changing the housing loan into a housing revolving loan, so that you can open a "self-service revolving loan"!
How much is the repayment of personal loan principal and interest respectively?
Separate repayment of individual loan principal and interest refers to a repayment method in which individual loan customers of Agricultural Bank of China repay the principal and interest in installments according to their respective cycles (months and quarters).
Applicable object
People who are good at financial management: For example, you can choose to repay the principal on a monthly basis and interest on a quarterly basis. Customers can use this part of the funds to earn income within two months without paying interest, at least they can get the income from demand deposits and win risk-free reports.
People who don't receive fixed income on a monthly basis: If the operating funds are turned over once a quarter, you can choose to repay the principal and interest on a monthly basis and quarterly to keep the repayment frequency consistent with the income frequency.
Separate repayment of principal and interest saves me more interest!
Mr. Li is an expert in financial management. He can not only make money, but also be good at careful calculation, using various products of the bank to save interest for himself to the maximum extent!
Recently, he came to the Agricultural Bank to apply for a personal housing loan with a quota of 800,000, a term of 30 years and an annual interest rate of 5.94%. According to the general equal principal and interest method, he has to pay back 4765 yuan every month. "Every month is still so much, mostly interest. It really hurts! " Mr. Li is worried.
After knowing his concerns, the account manager came up with the latest repayment method of principal and interest of ABC: Mr. Li Can repays the principal monthly and pays interest quarterly, and only needs to repay the principal of 2,222 yuan per month and pay interest quarterly; Use this money to manage your finances within two months without paying interest-even if you do nothing, you can earn current interest with the bank-which is the most cost-effective repayment method with the least interest! Mr. Li did not hesitate to borrow money and told his good friend the secret of saving money!
Separate principal and interest, so that I don't need money every month!
Xiaojun is engaged in clothing wholesale business. He has a three-year production and operation loan of 200,000 yuan in the Agricultural Bank, with a monthly repayment of 6,366 yuan. However, the money returned from his business comes to the account once every three months, and the monthly repayment always makes him feel a little tight.
At the suggestion of the account manager, Xiaojun chose to repay the principal and interest separately: only the interest is paid every month and the principal is paid once every quarter. The frequency of making money and paying back money is the same, and he feels much more relaxed.
What is automatic prepayment of personal loans?
Automatic prepayment of personal loan means that the personal loan customer designates a settlement account associated with the loan as the automatic prepayment account (which can be the borrower's loan repayment account or other deposit settlement account). After signing the contract, the Agricultural Bank will automatically prepay the qualified settlement accounts at the end of each day (or the agreed date).
Applicable object
Customers who often have idle funds and want to repay in advance to reduce interest expenses.
What benefits can it bring you?
1. Interest saving: automatic prepayment every day (or agreed date) to save interest expenses to the maximum extent.
2. Convenience: You don't have to wait in line at the bank if you want to prepay, and you can prepay automatically as soon as you sign the contract.
3. Flexibility: Within the scope stipulated by the bank, you can freely set the minimum retention amount, the minimum prepayment amount and the maximum prepayment amount, and flexibly allocate your funds.
Bidding conditions
Customers who apply for personal loans at the Agricultural Bank of China with non-fixed interest rates can apply for this business.
operation flow
Customer application → bank approval → signing personal loan automatic prepayment agreement.
What is a person?
Individual refers to the personal loan business in which the borrower provides a certain amount of RMB loans to the Agricultural Bank with the physical gold or property right certificate owned by the individual as collateral, and repays the loan principal and interest on schedule.
What can be used as proof of rights?
1, lump-sum deposit and withdrawal, deposit and interest withdrawal, etc.
2. My foreign currency time deposit certificate.
3. Voucher bonds: bonds issued by the Ministry of Finance after 1999 (inclusive).
4. Insurance policy: The insurer is an insurance company that has established business cooperation with Agricultural Bank of China, which has cash value and can be realized at any time (except unsecured investment-linked insurance).
5. Physical gold bought and sold by the Agricultural Bank on its own or on its behalf.
6. Other rights documents that can be pledged according to law.
What are the conditions for bidding?
1, a natural person with full capacity for civil conduct.
2. It can provide legal, effective and bank-approved pledge.
3. Have the ability to repay the loan principal and interest on schedule.
How to bid?
The customer submits the application → freezes the pledge → the bank investigates and approves → signs the contract → issues the loan.
skill
The content and process of the above business will be slightly different according to the type of collateral. Please handle the specific business in accordance with the provisions of the local Agricultural Bank.
I am 24 years old this year! It's the middle management of the company! The annual salary is 9W. I want to start my own business! I applied! Because starting a business requires quitting your current job! I don't know if it is possible!