Why do some friends always get low credit lines when applying for loans?

Friends who have applied for a loan know that they will encounter such a situation when applying for a loan. The required credit line is very large, but the actually approved credit line is very small. The approved amount is not as high as we thought, and sometimes it is even unacceptably low. I finally passed the application, but I was blocked in the quota. Today, the card god group came to talk with friends about why the credit limit approved by some friends when applying for loans is always low! Friends, let's get to know each other.

Today, the card god group will analyze with friends what factors affect our loan quota?

1, personal basic information

Including income level, personal credit, local people, personal assets, working hours and so on. Generally speaking, compared with ordinary wage earners, people who work in state-owned enterprises and top 500 enterprises get higher loan quotas, because such employees have stable work units, and lending institutions do not have to worry about their inability to repay loans.

2. Marital status

Although whether the loan application can be approved has little to do with whether the borrower is married or not, the loan amount is related to the marital status of the borrower. Generally speaking, married people get a higher loan amount than unmarried people.

3. The purpose of the loan

The loan amount of housing loan is higher than that of car loan, and car loan is higher than that of ordinary consumer loan. Of course, although the mortgage amount is much higher than the car loan, the monthly repayment amount must not be higher than 50% of the income due to the different loan terms. For those loan purposes with foreseeable risks, the lower the risk, the higher the loan amount.

4. Loan method

Mortgage loans and secured loans are higher than credit loans. If the applicant provides proof of collateral or guarantor, the bank or lending institution will feel that it is less likely that the loan will not be recovered, because even if the lender does not repay the loan, the bank and lending institution can obtain repayment by auctioning the collateral or looking for a guarantor.

5. Personal credit history

A borrower who wants to get a large loan must have a good credit record. Generally, borrowers with blank or "stained" credit are not only easily rejected, but also have a small loan amount.

6. Debt

When applying for a loan, the lending institution will also review the borrower's debt. If the debt is too high, the loan amount will be relatively low; If you have no debt, you will get a higher loan amount.

Summary of Kashin Group: The above six points are the main factors that affect the loan amount, so Kashin Group advises friends to fill in personal information in detail, truly and seriously when filling in the loan application information. Only in this way can we successfully apply for a loan. However, the card god group advises friends that no matter what loan they apply for, they must do what they can. Only a reasonable loan can bring you wealth benefits. Blind loans can only push themselves into the abyss of debt. I hope this information will help my friends.