What are the disadvantages of public welfare loans?

The main disadvantage of public welfare loans is that they can be converted into provident fund loans. Public welfare loan is mainly a kind of loan in the name of doing public welfare work, and the loan method and purpose are relatively clear.

1. What are the shortcomings of public welfare loans?

Public welfare loans can not be converted into provident fund loans, housing provident fund loans required materials: the borrower and his spouse's household registration book; Resident identity cards of the borrower and his spouse; Proof of the marital status of the borrower; Proof of down payment for house purchase; Proof of income; Credit status report of the borrower and his spouse printed by the bank; Housing sales contracts or agreements that comply with the law. Handling process of housing accumulation fund: the lender prepares relevant materials, fills in the loan application in the bank and submits the materials; After receiving the application, the loan bank shall confirm and review the information; After the audit, the loan bank contacts the lender and signs the relevant contract; For bank loans, the lender shall fulfill the repayment obligation. The provident fund policies vary from place to place, so it is recommended to consult the local provident fund management center. Public welfare activities, besides helping others in essence, have many other hidden auxiliary functions.

Second, the analysis of public welfare loans

Public welfare loans generally need the support and encouragement of the state or some governments, and it is impossible for commercial banks to examine and approve some public welfare loans alone. Public welfare loans basically rely on some products of public welfare loans, which is also a kind of public welfare loans. It is mainly used to provide a kind of financial support when users buy some public property ownership. In the past, it was necessary to pay off the right to use the factory in one lump sum, but now there are various loans to solve the work pressure of some people. The main advantage of property loan is that it is not aimed at some economic profits, but a solution to help people live a normal life. It can be called a public welfare loan, but it is not a pure public welfare loan. It is necessary to mortgage some contents, such as a house.

People who want to apply for public welfare loans must first understand their own requirements and processes, so as to generate certain income for their loans.