Theoretically speaking, repurchase transaction is a way to pledge loans. What is it usually used for?

Government bonds. Theoretically, repurchase transaction is a way of pledging loans, which is usually used for national debt. Bond brokers temporarily sell some bonds to investors and sign contracts to buy them back at a slightly higher price within a certain period of time. Bond brokers get money from it and then invest, while investors profit from the difference.

1. Personal credit loans are RMB credit loans issued by banks and online lending platforms to customers with good credit standing without providing guarantee. When applying for personal credit loans on the online lending platform, you can generally apply directly online, and the specific handling process is subject to the requirements of the platform.

2. Bank credit loans

Bank credit loan is a bank credit loan specially issued by banks for working-class people with stable income. It is a personal credit loan for personal consumption based on their monthly salary income. No guarantee, no mortgage, your credit is the best loan pass.

Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk. It is mainly applicable to enterprises (institutions) legal persons, other economic organizations and individual industrial and commercial households approved and registered by the administrative department for industry and commerce.

"General Rules for Loans" and requirements stipulated by banks

Conditions:

1. The borrower must be a natural person who has reached the age of 18 and has full capacity for civil conduct;

2. Have permanent residence or valid residence status in China; Provide personal identification, which can be ID card, residence permit, household registration book, marriage certificate and other materials;

3. The bank's credit loan first requires the applicant to have a good credit record;

4. Have the ability to repay the loan, and provide stable proof of occupation and income source, bank flow sheet, labor contract, etc. ;

5. Can provide complete purchase contract, purchase contract, admission card, investment plan and other documents. Documents proving the purpose of the loan;

6. Provide stable proof of address, house lease contract, water and electricity bills, property management and other relevant certificates;

7. Provide valid certificates recognized by the lending institution, and provide true and valid relevant information required by the bank;

8. Other conditions stipulated by bank lending institutions.