Loans are a very common type of financial activity in everyday life and are a good option for many who need financial support. However, in the process of applying for a loan, banks often require that the applicant ' s bank flow, so what are the requirements for the flow of the loan

What are the requirements for a loan

1. Water flow time horizon

First, the amount of time the applicant provided for the flow of the bank was within the range required for the bank to lend. Otherwise, it would not be possible to meet the bank's loan application requirements. Typically, banks require that the applicant ' s bank flow for at least six months or one year. This time horizon is mainly intended to enable banks to understand the economic situation of borrowers and their ability to repay, and to provide a reference for bank risk management。

2. Water-flow financial stability

Second, banks are concerned about the financial stability of the applicant ' s bank. Banks check whether the accounts involved in the flow are smooth and whether there are records of large sums of money entering and leaving the accounts. If the applicant ' s balance of payments is not stable or there is a significant flow of money, then it is easy to be brushed off when the bank is audited. If the bank considers the applicant ' s balance of payments to be stable, then the bank usually prefers to lend to this person。

3. Sources of water-flow financing

In addition, banks are concerned about the source of funds in the applicant ' s bank. If the applicant ' s bank flow contains more cash deposits, the bank will inquire about the source of the deposit. In the event that the source of the deposit is not appropriate, the bank questions the customer who has made the loan to the applicant and then rejects the client's application。

4. Consumption records in running water

Finally, a key point in the applicant ' s bank flow is its consumption record. The need for consistency between the applicant ' s consumption records and those in the flow of the bank proves that the applicant ' s life, work and income are real. If the applicant ' s consumption record is inconsistent with the flow of the bank, the bank will assume that the person ' s income is not stable enough and that the risk of the loan may be higher。

In general, for a loan to be successful, the applicant needs to collect information on the flow of personal bank water, the source of funds and consumption, while also ensuring that individual records in these areas meet the bank ' s standards. These will have a direct impact on the success rate of loan applications。