As one of the four largest banks in our country, the Bank of Commerce and Industry offers various types of loan services, of which credit loans are well received by a wide range of users. So, who would be suitable to go to work for the loan? Let's go over it。

Who are the right people for the bank's credit

First, the range of credit lines suitable for the trade unions may cover the wage earners. Such persons often have a stable source of income and can guarantee timely repayment of loans. The loan is approximately 10 times the monthly income of the wage earner and has a relatively low interest rate, so it is well suited for this group to apply。

Self-employed persons are also suitable applicants for credit loans from the trade unions. These persons either have their own business or are in a free trade. They have better economic conditions and a stable source of income, but may not have traditional collateral or guarantors. Bank loans do not require collateral or guarantors and are therefore very responsive to the needs of self-employed persons。

A person with a good credit record is also the preferred applicant for a trade union credit. In granting loans, the Bank of Commerce and Industry will place great emphasis on the applicant ' s credit records, so that the likelihood that a person with a good credit record will apply for a trade union credit will increase。

Those facing urgent funding needs are also well placed to apply for a trades bank credit. Medical expenses, contingencies, etc. may give rise to temporary funding needs. The application process for the Bank's credit loans is simple and “approval-disbursement” is faster, which is more favourable for those with urgent cash needs。

Persons in short-term financial need may also consider applying for a trade union credit. The duration of the IWB's credit loans does not normally exceed one year, and therefore is also a worthwhile option for those requiring short-term working capital。

a specific applicant can borrow from an online bank or mobile bank without collateral or collateral, and an online application may be made if the user meets certain conditions and submits the required information. the application process for the bank's credit is very simple and requires only the log-in of the bank's mobile bank, which operates on a page-tip basis。

It should be noted that the conditions for successful applications for individual credit loans from the Chamber of Commerce and Industry are: the age of 18-60 years, a permanent residence and proof of residence, a stable economic source, timely repayment, no offence or bad credit record, and the opening of a personal clearing account at the Bank of Commerce and Industry。