Speaking of loans, many people know that they can borrow money to buy a house, but they don't know that they can also borrow money for decoration. In fact, the price he spent on decoration, if it is a simple decoration, is basically around 654.38+ 10,000. For a family, it is still difficult to spend so much money on decoration, so many decoration companies can carry out decoration through loans now, but it is very incomprehensible to some people who have not participated in this way. What are the loan methods for housing renovation loans?

How to borrow a decoration loan

1. The borrower of decoration loan should apply for housing decoration loan at the business outlet where the business is started.

2. Fill in the application form, submit relevant materials and go through relevant guarantee procedures.

3. After investigation and approval by the account manager and approval by the competent department of examination and approval, the loan contract is signed.

4. The account manager handles the loan procedures and transfers the money to the borrower's personal settlement account in the bank, so that the customer can use the loan funds.

5. The borrower repays at the business counter or leaves enough repayment amount in the deposit account or bank card, and entrusts the loan bank to withhold repayment on its behalf.

What are the loan methods for housing renovation loans?

1, personal housing renovation loan

Personal loans of commercial banks all include personal housing renovation loans, which require the lender to provide assets recognized by the bank as collateral, or a third party with sufficient compensation ability to provide joint liability guarantee. Renovation contract, house sales contract, house purchase receipt or invoice are required to apply for this loan.

2. Personal unsecured loans

You can choose some personal unsecured loans promoted by banks. The loan procedure is relatively simple. You can apply for a loan only by issuing personal income certificates and other materials. The loan can be used for decoration, home appliances purchase, wedding, honeymoon and so on.

3. Consumer finance companies

Loans issued by consumer finance companies also do not need mortgages and guarantees. Because the amount of loans issued is relatively small, usually five times the monthly income of the lender, the speed of loan approval is also very fast.

Step 4 pay by credit card

Newcomers can also use the installment payment function of credit cards to purchase goods and services from cooperative home improvement merchants designated by commercial banks, and then apply for installment payment from the bank credit card center.