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How long does it take for banks to issue small loans?
If it is the first time for a borrower to apply for a small loan, it usually takes 2 hours to release the loan after the loan application is approved.

Some small loans can be released on the same day after approval, and they can be received on the same day at the earliest, and can be received the next day or a few days later.

If the borrower applies for a small loan from the bank, it can generally arrive on the same day.

However, if it is a weekend or holiday application, it may not arrive until the next day.

If the page has been displayed as "Lending", then the loan funds have not yet arrived, and users need to continue to wait patiently. If the loan funds have not arrived, you can consult the lending institution.

Users are in urgent need of money and can apply for small loans through online channels. The characteristics of online lending are fast review and fast lending, and users can get loan funds as soon as possible after passing the review.

Most people will leave traces of inquiries when using the credit records of the central bank, which is not good for lending friends. Moreover, most online loans have no credit information, so no specific online loan information can be found in the credit information, but now you can know your personal information through "Beijian Quick Query". Without inquiry records, you can learn more about overdue information, application records, untrustworthy information, online loan blacklists and other information.

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What will happen to loans overdue?

If the borrower applies for a small loan and does not repay it, first of all, personal credit information will be affected.

There is a stain on the credit information, and it is basically difficult to handle the mortgage loan.

In addition, you need to bear relatively high interest.

If the overdue period is too long, the borrower is likely to be sued by financial institutions and blacklisted.