What does pre-credit mean?

Pre-credit refers to a flexible, convenient and recyclable credit product provided by banks to customers. As long as the credit balance does not exceed the corresponding business category indicators, short-term credit can be provided to customers quickly, regardless of the accumulated amount and the number of issuance.

1. What is pre-credit?

Credit line is the credit line given by the bank to users. For example, the credit limit of the card is 5000 yuan, and if you spend 5000 yuan with this card, you don't need to deposit any money in the card. This is a credit line set by the bank according to your personal credit status and repayment ability.

Second, the product characteristics of pre-credit:

1. The credit line can be recycled, so the formulation of enterprise financial plan becomes clearer and more organized, and there is no need to arrange funds for routine business.

2. Meet the basic financing needs of enterprises. Credit line A single credit line is set according to various credit business types such as loans, letters of credit and letters of guarantee, which basically covers the main financing needs of customers. With the consent of the bank, the quota of a single product can be adjusted and cross-exchanged, which improves the utilization rate of the quota.

3. Simplify enterprise credit approval procedures. After obtaining the credit line, the customer decides the use mode and performance time of the credit line by himself according to the agreement, without reporting it to the credit bank for approval one by one, thus avoiding the time of single credit approval.

3. What does the pre-credit line mean?

Loan pre-credit line is an evaluation line given by the platform to users, which can be simply understood as "initial credit line", that is, the loanable line given by users after the basic review conditions of the platform, but it is uncertain whether the loan pre-credit line can be obtained in the end, and the final result shall prevail.

In addition, many platforms also use the "pre-arrival" quota as an advertising means to attract customers, and may not even have a preliminary evaluation. In fact, the final quotas are far from each other.