When you walk into a bank and apply for a loan with confidence, you might ask yourself, "How much can I borrow?" Well, here's all the information you need to know. First of all, remember, your loan line is not as much as you want, but is based on your particular circumstances。

It depends on these factors

So how did the bank calculate the loan line? There are three main ways. First, through your income. If your job and your income are stable, you can usually apply for a loan equal to about 10 times your monthly income if you produce documents such as a bank account, a payroll, etc. If your conditions are so good that the bank can see out, your loan may be higher。

The second way through your monthly supply. If you have already purchased a mortgage, such as a house or car, you can make a monthly loan. In general, your loan line is 100 times larger than the month. Of course, the magnified multiple is right in relation to the number of monthly payments you make, in other words, the more you pay, the more the loan goes。

THE LAST WAY THROUGH YOUR ASSETS. IF YOU OWN PROPERTY SUCH AS REAL ESTATE, AUTOMOBILES OR COMMERCIAL LIFE INSURANCE, YOU CAN APPLY FOR A MORTGAGE-FREE LOAN ON THESE ASSETS. WITHIN 70% OF THE ASSET VALUATION, YOU CAN NORMALLY APPLY FOR LOANS OF BETWEEN ONE AND HALF MILLION。

WHY, THEN, DO BANKS SOMETIMES FREEZE CREDIT LINES? THERE ARE THREE MAIN REASONS FOR THIS; FIRST, THE DEBT RATIO IS TOO HIGH. IF YOU HAVE MORE AND MORE INDEBTEDNESS, OLD DEBT, AND NEW DEBT, THE BILL ACCUMULATES LIKE A MOUNTAIN, AND ONCE THE DEBT RATIO EXCEEDS 701 TP3T, IT'S ALMOST IMPOSSIBLE TO FREEZE YOUR LOAN LINES. YOU NEED TO DO SOMETHING ABOUT IT AND REDUCE YOUR DEBT RATIO. IT IS RECOMMENDED THAT YOU STOP BORROWING, CLEAR THE DEBT AND KEEP THE LIABILITY BETWEEN 30%-50%。

Second, you may apply for a loan on multiple platforms. You may think it's a good strategy to split up, but too many loan applications can get you into trouble. In checking your credit, a bank or borrowing platform may have a negative impact on your credit if it finds that you have applied for it more often, which may affect your loan line. Therefore, you should stop applying for new loans and maintain good repayment habits. After three to six months, the negative impact will be significantly reduced and your loan lines will gradually be restored。

Third, risks freeze. If you find that you do not have the above-mentioned problems, but the loan line is still frozen, you can think of any recent sensitive operations, such as changing the cell phone number, changing the off-site or changing the cell phone login. These acts may be regarded as a risk factor for the theft of accounts, and therefore your loan line will be frozen. There is no need to be nervous, however, and it takes only a few working days to automatically lift the freeze。

Thus, the amount of each loan is calculated on the basis of factors such as income, monthly supply, and each person ' s situation is unique, so the amount of the loan will vary。