In the current society, many people are in dire need of money and therefore seek various forms of borrowing. And as an Internet finance company, it might be an option for a lot of people. It is analysed in many ways。

Can you lend it to me

I. Amounts are not everything

The amount of the contract indicates, firstly, that the company has reviewed the client ' s qualifications, considering the client to be a trusted customer and agreeing to a certain amount of loan to the client. However, even when the amount is available, some clients may still be unable to borrow for the following reasons:

1. Insufficient credit ratings

The Consortium has its own credit scoring system, and if clients do not meet the minimum eligibility criteria, they may not be able to borrow as they wish, even if they do。

2. Unstable personal income and expenditure

Uncertainty in the client's income and expenditure position, including debt and expected overspending, could lead to the failure of loan applications. This is because loan companies require borrowers to guarantee that they will be able to repay on time, and if their balance of payments is not healthy, it affects the judgement of the lending institution。

3. Existence of other negative records

Convergence is not a bank, and it is not possible for them to check the borrower ' s previous credit history, but if the borrower has other bad credit records, it is possible that the Convergence ' s wind control team can do so. In such cases, the Union may refuse a client's application for a loan。

II. Leverages are not limited to amounts

Loans are not limited to limits. Some borrowers have more forms of lending, such as mortgages, credit card loans, etc. Different types of lending modalities may require different qualifications, so different lending modalities can be tried regardless of the amount of the user. Of course, this requires that consumers fully assess their own realities, do what they can and do without greed。

It's not necessarily a good thing

Some clients may be at very high levels and consider themselves clearly capable of paying back. However, it is clear that, if the loan is too high, it will put a high repayment pressure on borrowers. Some consumers have even ignored this, only to see the amount。

Therefore, if a loan is excessive, it is important to carefully assess its repayment capacity and expected income and expenditure to determine whether it has sufficient capacity to repay the loan。

In the light of the above, the ability to borrow is determined not only by the amount, but by a number of factors, including credit ratings, personal income and expenditure status, poor record-keeping, etc. Therefore, when deciding whether to borrow, consumers must take their own circumstances fully into account and choose the most appropriate lending product for themselves。