At present, home decoration loans are becoming more and more common, and many friends will choose to apply for home decoration loans when decorating their houses. So, what methods can be used to apply for home decoration loans?

Bank credit card installment payment: New people can also use the installment payment function of credit card to buy loan products and services from cooperative home improvement merchants designated by commercial banks, and then apply for installment payment from the bank credit card center.

Bank personal housing renovation loan: At present, personal loans of commercial banks include personal housing renovation loans, which require lenders to provide assets recognized by banks 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.

Personal unsecured loans: If the bank's routine personal housing renovation loan procedures are troublesome and need mortgage guarantee, new people can choose some personal unsecured loans promoted by banks, and borrowers can apply for loans only by presenting personal income certificates and other materials. The loan can be used for decoration, home appliances purchase, wedding, honeymoon and so on.

If you have a stable job and income and no bad record of overdue repayment, you can apply for personal credit loan decoration. Generally, you need to provide ID card, proof of work income and proof of residence (renting a house is also acceptable). The specific amount is calculated according to your monthly income, which is generally 4-8 times of your monthly income and not more than 10 times. The interest rate rises according to the benchmark interest rate stipulated by the bank.

Each of the above loan methods for home decoration has its own characteristics: the borrower can choose the loan method that suits him according to his actual situation.