China Ping An launched personal or family consumption loan business guaranteed by insurance companies. This loan model does not need mortgage, but it still needs the insurance company's audit to repay the loan, which is equivalent to being guaranteed by Ping An Group. The lender shall pay the insurance premium to Ping An Group in one lump sum after obtaining the loan, and deduct the bank interest and monthly repayment amount regularly every month.

According to the relevant regulations of China Banking Regulatory Commission, any loan shall not be used for investment in the stock market, futures market or any other equity investment. Ping An Easy Loan Insurance Loan can be used for any reasonable enterprise capital turnover and emergency or capital shortage, including purchasing materials.

Extended data:

Ping An loan in China needs to be audited by Ping An Insurance Company before it can be issued. China Ping An Insurance is also a very large insurance company, so all its financial products are safe.

In addition, Ping An Group's new "credit guarantee insurance" has solved this problem. Lenders have no collateral, and banks are worried that customers can't afford to pay back their money and can't control their risks. So the bank handed over the risk management to Ping An, and Ping An would check the customer information.

Ping An will sign a "credit guarantee insurance" policy with customers if it is determined that the applicant has sufficient repayment ability after examination. Customers with Xinbao are equivalent to Ping An Group as a credit guarantee, and can directly sign a "personal consumption loan" contract with the cooperative bank with a credit policy.

Ping An Bank Loan:

You can apply at the local bank. Conditions for applying for small loans:?

1, Chinese mainland residents aged 18.

2. Have a stable address and place of work or business.

3. Have a stable source of income.

4. Without a bad credit record, the loan cannot be used for stock trading or gambling.

5. Other conditions required by the bank.

Baidu Encyclopedia-Ping An Loan in China