Job Recruitment Website - Social security inquiry - What does social security loan mean?

What does social security loan mean?

A form of applying for a loan from a financial institution.

Social security loan refers to a form in which a borrower applies for a loan from a financial institution with his own social security payment record as repayment guarantee. This form of loan has gradually emerged in recent years, attracting more and more borrowers. Social security loan is a personal credit loan business, and the borrower can obtain a certain credit line without providing collateral and other guarantees.