How can you not get a social security loan in Foshan

1. Social security loans can only apply for a maximum of half a million dollars, but in real life, the people who can apply for so many loans are in the minority. This is because the loan amount is subject to evaluation and calculation with reference to the social security payment factor, which is the level of the applicant's economic income. However, the loan amount will also be affected by these factors: first, the applicant's creditworthiness, whether he or she has a certain repayment ability and other factors. The second is that the credit limit of the social security and the bank's creditworthiness of the bank are added together and cannot exceed the maximum credit limit set by the bank. In addition, if you are applying for a social security loan from a lending institution, there is also a requirement for the loan amount, with reference to the social security coefficient of more than thirty times. Expanded information in addition because the social security is a national mandatory requirement to pay fees, so every resident has social security, but does not mean that have social security can be a loan.2. Because the social security loan is still a certain commercial nature, belongs to the credit category of products, although do not want to collateral, but a good creditworthiness. Must also meet these conditions: First, the applicant must be an adult, and less than sixty years old; Second, no bad record, that is, three months can not have a late record; Third, has a stable economic income, has a certain repayment ability. Fourth, social security must be paid continuously for six months, and also meet other conditions. Meanwhile, when applying for a loan, the applicant must prepare the relevant materials, like ID card, proof of social security payment, proof of work and so on. And when choosing a loan, it is best to consider carefully and pick a formal institution to take out a loan. -Social insurance