How long does it take to approve the loan?
Now people apply for loans mainly divided into bank loans and online loans. Let me tell you how long it will take for these two main channels to approve loans.
1. How long does it take to approve the bank loan?
Bank loans should have the lowest interest rate among all lending institutions, but their approval speed is relatively slow. Whether it is short-term loans or medium-and long-term mortgages, loan approval usually takes about 15 working days.
For friends who are in urgent need of money, it takes patience to apply for a bank loan, and if you have a lot of credit records in loans overdue before and unfortunately become a loan user, then the bank loan may not even be approved.
2. How long does it take to approve online loans?
Compared with bank loans, online loans are generally approved faster. Many online lending platforms show that they can approve, approve and lend quickly, but not all lending platforms can do it.
Some small loans, whether loan users or white households, can be received in seconds in a few minutes at the earliest, of course, this is a minority; Generally speaking, online loan approval can be passed within one day; However, for large online loans and some platforms with strict information, it may take two or three days to find out.
3. Prompt for loan application
If you want to quickly approve the loan, you can fill in the details as much as possible when filling in the information. Generally speaking, the more detailed the information, the faster the loan company will approve it. In addition, it is generally faster to apply for small loans and short-term loans than to apply for large loans and long-term loans.