What Is Personal Loan?(2)

Personal loan object and conditions

I. The purpose of the loan

1. Chinese citizens at full civilian capacity and foreign and foreign citizens who have the right to care for them in mainland China;

2, pay the first purchase of the first purchase (no less than 30% of the total purchase);

3, have a stable economic income, with the ability to repay the principal of the loan and interest;

4, agreed to purchase a property as collateral for the loan.

Second, at the same time, with the following conditions

1. Hold a legal account book, an identity card or business license, a legal representative certificate or a legal residence permit, a passport, in that city to purchase the commercial accommodation of a developer designated by a bank;

2, open a deposit account at the bank, the deposit balance is no less than 30% of the amount of the dwelling to be purchased;

3, with a valid purchase agreement, a contract and other supporting documents;

4, accept the purchase of a home under the mortgage agreement;

5, ready to fulfill the loan contract on all conditions;

6, the bank prescribed other conditions.

Third, to publish and provide information

1, the original and copy of the resident's ID card;

2, the original and copy of the subscription letter at home;

3, the first payment of the original and the copy;

4, monthly certificate of contribution capacity, including: proof of personal and household income, deposit slips (pass books or other tradable securities) and so on.

Personal loan procedures

1, signed a subscription: customers and the bank signed a contract with the real estate development company signed a subscription, and the real estate development company to pay for the first purchase;

2, request for treatment: the bank's client has ordered mortgage application procedures from the law firm, including personal data, paying fees, completing legal documents;

3, the purchase price review: the law firm to conduct a preliminary review of the client's application, and then by the bank for approval;

4, other legal procedures: lawyer's agent insurance, mortgage notarization and registration, file;

5, the loan issue: the bank will lend money to the developer account, and inform the customer to start providing the building.

How Personal Loans are Repaid

1, according to the signed payment contract provides for the equivalent monthly repayment of the loan. The customer takes the initiative to deposit the principal monthly loan and interest due on his purchase savings account before the monthly repayment date stipulated in the loan agreement, and will be retained by the bank for the monthly repayment;

2, prepayment: the customer must apply to the bank one month in advance, may waive the advance period of the loan interest, but the interest rate is still in line with the initial term of the loan of the same interest period.

Credit Analysis of Personal Loans

Financial analysis

i) Content

1. Analyze sources of repayment or future guarantees, define ownership of assets and determine the value, stability and liquidity of assets, and determine client income using information on the individual tax return.

2, analyze liabilities and expenses, determine the accuracy and completeness of the content of financial statements, and clarify how customers repay

3. Full analysis: a comprehensive assessment of clients' liquidity situation using information obtained from financial statements

(ii) What was achieved

1) Check the authenticity of the data contained in the financial statements

2) Identify one or more liquid assets that may be collateral

3) Determine how and where you will pay for it

4) Determine the guarantor's ability to repay

Ii. Asset Analysis

i) Determine the scope of the assessment

(2) Specific analysis

1, liquidity asset analysis:

Includes mainly: A, cash

B. Large transferable and savings slips

C. Transferable securities.

2, real estate analysis

3, Analysis of The Credence

4, life insurance

5, pension funds

6. Private property

7, other assets

Income analysis

Fourth, the debt analysis

1, credit card analysis

2, analysis of operating liabilities

3. Analysis of other loans and liabilities

4, other information

V. Full analysis

1, adjust the balance sheet;

2, to analyze the ratios.

1) Speed report

2) Adjusted owner-asset ratio.

Personal loan risk management

First, to improve the system of guaranteeing personal loans

1, determine high-quality guarantees;

2, the identification of property rights and control;

3, the guarantor's assessment.

Establishing a decision-making mechanism for personal loans based on credit assessment

1, financial analysis

2, non-financial analysis

Third, the establishment of information archives on clients

1, basic financial information for customers;

2, the client's social information;

3, customer credit history

4, information about the guarantor and customer guarantees