What is a social security loan?

Is social security loan an online loan?

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Social security loan refers to social security credit loan. As long as users pay social security according to the standard, they can apply for ultra-low interest rate consumer loans through Huadian guarantee. The loan is a credit loan business without mortgage and guarantee.

The difference between offline social security loan and social security e-loan

The difference between offline social security loan and social security e-loan lies in the different loan amount and term.

1. Social security loans are also called social security credit loans. 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 buying real estate, cars, weddings, banquets, travel, shopping and other unlimited consumption purposes (not illegal and criminal activities, not involving political red lines).

2. Social security E-loan is based on the social security credit paid by enterprises, providing inclusive finance services with low interest rate, pure credit and unsecured loans for enterprises. It means that people who normally pay provident fund and social security can apply for loans from banks. The maximum amount of this product per household is 6,543.8+0,000 yuan, and the term is 654.38+0 years.

Can social security be loaned?

Endowment insurance cannot be loaned, but if it is commercial endowment insurance, it can be loaned.

Commercial endowment insurance is a kind of commercial insurance with human life or body as the insurance object. When the insured retires in old age or the insurance period expires, the insurance company will pay the pension according to the contract.

After paying a certain premium, the insured of commercial endowment insurance can start to receive pension from a certain age. In this way, although the income of the insured is reduced after retirement, he can still maintain his pre-retirement living standard with the help of the pension.

Extended data:

Materials to be prepared for the loan:

1, valid personal identification;

2. Proof of permanent residence or valid residence and proof of fixed residence;

3. Proof of marital status;

4. Bank flow;

5. Proof of income or personal assets;

6. Credit report;

7. Loan use plan or statement.

References:

Baidu encyclopedia-loan

Land acquisition and social security loan _ What do you mean?

Use land acquisition and social security to handle loans.

Social security loans can also be called social security credit loans, that is, loans with social security certificates, with a maximum loan of 500,000 yuan and a maximum of 3 years.