Job Recruitment Website - Social security inquiry - What is a social security loan?

What is a social security loan?

Social security loan is also called social security credit loan. Users who pay social security for a long time can apply for a loan with lower interest rate without mortgage. The maximum loan amount is 500,000 yuan and the longest loan period is 3 years. It can be used for purchasing real estate, vehicles, weddings, banquets, travel, shopping and other unlimited consumption purposes (not illegal and criminal activities, not involving political red lines).