How to conduct a personal social security loan? In the present case, any form of loan requires certain collateral, such as real estate, automobiles, etc. But without that, you can still apply for a loan from the social security. This process mainly involves the following steps。

How do I get a personal social security loan

First, you need to apply to the bank for a loan. The bank then investigates the loan and collects all the material required for the loan. After verification of the situation, the bank will approve the loan, enter into a loan contract with you and finally issue the loan。

Turning to the conditions for applying for social security loans, first, it depends on the time you pay up. You are eligible to apply if you continue to pay social security contributions or if the SFI base is more than 3,000 for more than six months. Moreover, the longer the period of deposit, the higher the success rate and amount of the loan。

Secondly, you must be able to provide proof of your work. Social security is not enough. You need a stable income. The loan institution determines the amount of your loan through your work certificate and income。

And then, personal credit is very important. Social security loans are basically credit loans, so you need to keep a good credit record。

Finally, most institutions have certain requirements regarding the age of applicants, usually between the ages of 18 and 60。

Social Security card loans have many advantages. For example, no collateral is required. As long as you have a valid social security card and you allow a loan institution to check your social security information。

IN ADDITION, INTEREST RATES ARE LOWER. THE INTEREST RATE ON SOCIAL SECURITY CARD LOANS IS GENERALLY LOWER THAN THE RATE ON BANK LOANS DURING THE SAME PERIOD, BUT HIGHER THAN THE INTEREST RATE ON PROVIDENT FUND LOANS. CHANGES CAN BE MADE BETWEEN 4% AND 12%。

Finally, its approval has been faster. The review can only be carried out by submitting documents such as personal identity cards, social security cards, work certificates and income certificates. In general, the results can be obtained within one to three working days and, if approved, the loan funds can be received within one to two working days。