Do you want to know if the loan to the credit union will come down that day? First, it is necessary to clarify the concept that credit union loans are a process whereby individuals or enterprises seek credit unions to apply for loans. So, is it possible to get the money on that day, and what factors need to be looked at

The conditions for applying for a credit union loan

In fact, the answer to this question varies from person to person. If you're well prepared to apply, there's no problem, and your credit records are pretty good and the number of loans is not too large, then it's almost fine for the day. However, if you have some problems with your application, or if a sufficient credit pool is not established, or if the amount of the loan you have requested is too large, it may be necessary to wait。

The approval process varies greatly from one credit union to another, with some likely to respond soon and others likely to take some time. In the case of a loan, the applicant needs to be fully informed about the interest rate of the loan, the manner in which it is paid, etc., so as to save him any trouble。

WHAT ARE THE CONDITIONS FOR A CREDIT UNION LOAN? THE APPLICANT SHOULD BE AT LEAST 18 YEARS OF AGE AND THE PERIOD OF THE LOAN AND THE AGE AT THAT TIME MUST NOT, TAKEN TOGETHER, EXCEED 65 YEARS OF AGE. THE APPLICANT MUST BE A MAINLAND CHINESE RESIDENT WITH A VALID IDENTITY DOCUMENT AND HAVE FULL CIVIL CAPACITY. THE APPLICANT ' S LIABILITY CANNOT EXCEED 70% OF THE PROPERTY. THE APPLICANT SHOULD HAVE A PROPER CAREER AND INCOME TO PAY PERIODIC INTEREST, AND IF THE LOAN CANNOT BE REPAID, THE BELIEVER WILL ADJUST THE AMOUNT AND LIMIT THE RISK TO AN ACCEPTABLE LEVEL. CREDIT RECORDS SHOULD BE GOOD AND THERE SHOULD BE NO POOR RECORD OF LOAN EXTENSIONS OR IRREGULARITIES。

There are also additional requirements, such as that the applicant should have an annual check by the business sector (except for natural persons or legal entities that do not require the business sector to register), that if the loan requested requires a guarantee or mortgage, it must have the required guarantor or collateral, and that the applicant must specify the purpose of the loan, which may not be misused, such as that the consumer loan may be used only for the film, shopping, meals, etc., and may not be used for investment or financial management。

Finally, the applicant shall open a basic account or a general deposit account in a rural loan institution and deposit a certain amount of security in the account. The activities of the applicant must be carried out in accordance with national legislation and industrial policy, and there are other conditions that may be prescribed by the lenders。

In general, the availability of credit union loans is critical, given the fact that they are available on the same day, in relation to your materials, your credit position and the size of the loan application, and that a number of conditions are required to meet the loan application of credit unions。