It means that there is something wrong with your credit information.
Loans mainly depend on credit reporting. If the credit is good, it will pass quickly. If it fails, it means there is something wrong with the credit information. The word "credit investigation" comes from the words of a gentleman in Zuo Zhuan Zhao Gong Eight Years, so his resentment is far greater than his body. Among them, "collecting by faith" means that you can verify the credibility of your words, or you can collect and verify credit.
Credit investigation is an activity of collecting, sorting, saving and processing the credit information of natural persons, legal persons and other organizations according to law, providing credit reports, credit evaluation and credit information consulting services, helping customers to judge and control credit risks and carry out credit management.
Credit investigation is an activity that a professional and independent third-party organization establishes credit files for individuals or enterprises, collects and objectively records their credit information according to law, and provides credit information services to the outside world according to law. It provides a platform for professional credit reporting agencies to enjoy credit reporting.
2. Will the bank inform you if the loan is not approved?
Legal analysis: if the loan is not approved, the bank will inform you that the mortgage is not approved because it does not meet the loan conditions. The conditions for buying a house with a bank loan are as follows: 1, legal residence status; To apply for a policy-based personal housing loan, you should have a local permanent residence; 2. Have a stable occupation and income; 3, have the ability to repay the loan principal and interest on schedule; 4. Pledged by the loan bank, or guaranteed by a guarantor who meets the prescribed conditions; 5, there is a contract or agreement to buy housing; 6. If a bank has deposits of not less than the purchase and residence, and applies for a policy-based personal housing loan, it shall deposit the housing accumulation fund in the Construction Bank according to regulations.
Legal basis: Article 3 of the General Principles of Loans: Loan laws, administrative regulations and administrative regulations issued by the People's Bank of China shall follow the principles of efficiency, safety and liquidity.
3. What if the loan is not approved?
That may be because you don't meet the auditing standards of their bank, so you can choose other banks to apply for loans.
Fourth, the loan review failed.
Users who fail the loan review can call the bank to ask why, and then make some corrections. There is no remedy for the borrower's failure to pass the bank audit in the case of poor credit information. No one can change the bad credit information. At this time, you can choose to try another bank.
If the loan is not approved, it may be that the borrower's debt is relatively heavy. In addition to this loan, the borrower has other repayment burdens; At this time, the bank flow submitted by the borrower cannot meet the requirements of the bank. The best way is to submit a new financial certificate, so as to meet the bank loan requirements in the future.
If the loan is not approved, it may be that the borrower provided false information. Therefore, when applying for a loan, the borrower must submit real information, including ID card information, common telephone number, permanent address, company information, etc. This information will be audited by the bank.
Note: When making a loan, you must think clearly about how to repay it to prevent overdue repayment. Failure to repay on time will affect personal credit information. After the overdue records are uploaded to the credit information center, they will be kept for 5 years and disappear automatically after 5 years.