Have you ever thought about an unsecured personal loan? Unguaranteed personal loans are what we usually call personal mortgages or, in plain terms, credit loans. You do not need to provide any collateral and can apply to the bank for a loan only with documents such as identity card, income certificate and address certificate. The bank will decide whether to make a loan according to your personal credit status. In general, the expected annualized rate of such loans would be slightly higher than the mortgage. But you can choose the length of the loan based on your personal circumstances and then sign a contract with a bank, and everything is guaranteed。

What do you mean, an unsecured personal loan

So what are the conditions for applying for an unsecured personal loan? 1. First, the borrower must be a natural person with full civil capacity; secondly, you must have a Chinese resident ' s identity card or a certificate of domicile; thirdly, you must have a stable career and income; fourthly, the credit record is good and has the capacity to repay interest; and fifthly, other conditions set by the bank are met。

This is a brief introduction to the knowledge on unsecured personal loans, which I hope will help you with. Thank you for your reading。