What are the ways of personal loan? Ten common ways to take stock of personal loan!

What are the ways of personal loan? Ten common ways to take stock of personal loan!

There are a variety of personal loan channels and personal loan methods on the market today. Maybe you don't necessarily need a personal loan right now, but it's worth knowing about these personal loan options.

After all, it doesn't hurt to know more about them, personal loan so that you can quickly identify and understand them when needed in the future, so that you won't be caught off guard.

Basically, mortgage, auto personal loan, business personal loan, etc. The following small series introduces ten common personal loan methods to prepare for emergencies.

1. Credit personal Loans

A credit personal loan is an unsecured personal loan. The personal loan amount is not fixed, but is generally small, no more than 200,000, depending on the individual credit. The term of personal loan is mainly short-term, usually about one year. The information required to apply for a credit personal loan includes: proof of income, the individual's credit rating in the bank (i.e. credit report), personal professional information, identification, etc.

Risk: This kind of enterprise investment and construction project management is mainly studied based on the personal credit of the borrower. Under the premise that the development of domestic credit investigation system is gradually improving, the online loan platform is under rectification, so the default rate is high, and we need a largebusiness model innovation on the platform to cover the default loss.

However, in general, there are more social credit personal loans like bank loans. After all, those who have good credit and can get loans from banks will not choose some other information platforms.

2. House mortgage personal loan

Real estate mortgage personal loan is a financing method in which the borrower provides the mortgage to the personal loan person with the mortgage of his own house and issues the personal loan on the platform.

The borrower can also reset the mortgage with the immovable property with the mortgage to make full use of the value of the mortgage.

Risks: This kind of investment project is greatly affected by housing prices, and there are risks such as falling housing prices and difficulties in realizing cash. At present, there is a phenomenon of second mortgage in many online lending platforms. The second mortgage refers to the mortgage of the remaining value of the house when the current assessed value of the house is greater than the assessed value of the oil. While a second mortgage is valid, unlike a primary mortgage, a second mortgage does not have a priority claim and is therefore riskier.

3. Take out a personal loan on your vehicle

A vehicle secured personal loan is when a borrower borrows with a vehicle as collateral and is usually used to solve short-term liquidity problems.

Under normal circumstances, a car secured personal loan can only be about 70% of the borrowed value over 1, 3, 6, or 12 months.

Risk: Not all platforms in the market currently carry out used car mortgage business. Given that the domestic new car market still has a lot of room for growth, the prospect of vehicle mortgage business is still relatively large. However, there are risks such as car damage, loan fraud, discounts and purchase restrictions in major cities.

4. Equity pledge personal loanpersonal loan of equity pledge refers to the financing management mode in which the stock holder system can pledge thedevelopment shares of listed companies to the construction of online loan platforms to provide

counter-guarantee and issue bid loans from the platforms without selling the stocks held. Most enterprises with large amounts of long-term loans choose this way.

Risk: Such investment projects have the impact of large stock price fluctuations, it is difficult to realize the equity of non-listed companies, and the equity value and the company's operating risk are proportional to the risk of change.

5. Supply chain finance

Supply chain finance refers to the credit business in which the platform evaluates the credit qualification of small and medium-sized borrowingenterpr is esbasedon the credit of core enterprises and provides financing support for core enterprises and their upstream and downstream.

It mainly includes the prepayment financing mode in the procurement stage, the movables pledge financing mode in the operation stage and the accounts receivable financing mode in the sales stage.

Risks: This kind of personal loan has various risks in the whole industrial chain, including the risk of market price fluctuation of the pledged commodities or corporate assets, the risk of bad debts of accounts receivable, and the risk of uncollectibility, etc. The core

enterprise can control the risk of moral hazard in the financing of related enterprises through the online personal loan platform.

6. Bank bridge

Bridge funding is a type of short-term funding with a term of six months and is a type of financing that is linked to long-term funding. The purpose of providing bridge funds is to enable the borrowing enterprises to meet the conditions for docking with the long-term funds through the financing of bridge funds, and then the long-term funds can replace the bridge funds.

Risk: The main financial risk of such a project lies in whether the bank can continue. Since bridge funds are very important to the management and

operation of enterprises, once they fall through, it will be a fatal blow to China's corporate culture.

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