As an important part of China ' s economy, self-employed individuals carry many of their entrepreneurial dreams and sources of livelihood. However, individual households often face some problems and unfair treatment in lending. How many loans can an individual make? The problem can be analysed from several angles。

How much can I borrow

First, the amount of self-employed loans is closely related to the situation of self-employed persons. There are differences in the business situation of individual self-employed persons in different sectors, so that when reviewing individual loans, banks usually take into account the type of trade, length of operation, and stability of the self-employed. In general, banks are willing to lend at a relatively high level for better-performing self-employed persons, and may face a higher credit threshold for newly opened or unstable self-employed persons。

Second, the amount of self-employed loans is also related to the credit position of the self-employed. The credit records of the applicants are often assessed by banks when they approve loans. If the self-employed have a good credit record, such as timely repayment, non-delay, etc., they will increase the amount of self-employed loans. On the contrary, if an individual had a bad credit record, such as overdue repayments, debt, etc., the loan would be reduced. As a result, self-employed individuals need to focus on credit-building in their day-to-day operations to ensure a good credit record。

In addition, the amount of self-employed loans is related to the type of collateral or guarantees provided by the self-employed. Banks usually require the self-employed to provide a certain value of assets as security to avoid risk. These guarantees can be property, vehicles, deposits, etc., the value of which will directly affect the amount of credit available to the individual. Therefore, an individual needs to be adequately prepared for the assets that can be used as collateral before applying for a loan and to make a reasonable assessment of their value。

Finally, the level of self-employed loans is also influenced by banking and industry policies. The policies of different banks with respect to individual loans vary, with some more likely to encourage and support self-employed start-ups and to provide higher lines of credit, while others may be cautious about their own business, limit their credit lines and make approval more difficult. In addition, a number of industry policies have an impact on the credit lines of individual households, such as the possibility of a credit ceiling and restrictions for individual households in a particular sector。