Process Of Personal Loan (Take Housing Loan As An Example)

2. Application: client to bank or entrustment.

3, the review of the loan: the bank will examine and approve the loan application of the customer; if the examination fails, the customer information and the fees charged will be returned.

4. Other legal procedures: bank insurance,

5, the issuance of loans: banks will loan funds to the developer account, and inform customers to start repayment.

In accordance with the Interim Provisions on the management of personal loans, the lending bank shall manage and control the payment of loan funds in accordance with the loan contract, through the loan bank's entrusted payment or the borrower's own payment.

The entrusted loan of a loan bank means that the loan bank pays the loan funds to the borrowers who meet the contractual purposes according to the borrower's application.

The borrower's independent payment means that the loan bank directly extends the loan funds to the borrower's account according to the withdrawals of the borrower, and the borrower pays the loan object to the borrower who is in accordance with the contractual purpose.

When we loan, we often come across a word "personal credit".

Just as you would not lend money to a stranger, banks need to know an important reference for your credit status before approving your loan application to lend you money.

Personal credit report is a document that records your past credit information, including the number, amount and repayment of loans to commercial banks and other financial institutions, the number of credit cards, the amount of credit, the use and repayment of your credit, which is your "economic ID card".

Personal credit has the following advantages to you:

Save time.

A lot of information that banks need to know is in your credit report, so you don't need to spend more time investigating and verifying it.

Good money.

As the saying goes, "it's not difficult to borrow well."

If your credit report reflects that you are a person who pays the bill on time and performs the contract earnestly, the bank can not only provide credit services such as loans and credit cards, but also give preferential treatment in terms of amount and interest rate.

Remind you.

If the credit report says that you have borrowed money, you should take it seriously. If the credit report reflects that you have borrowed a lot of money, the bank will be very careful, too afraid that you can not afford to pay too much debt.

This reminds you to cherish your credit record and accumulate your credit wealth.

More equitable.

The credit information center provides the bank with an objective record of your credit history, "letting facts speak" and allowing you to get fairer credit opportunities.

What is wrong with the little information in the personal credit report? You should immediately contact the commercial bank that handles the loan business with the people's Bank of China credit information center and apply for a written objection.