If the borrower does not sign a loan contract, he only needs to explain the situation to the bank, and the loan will not take effect without signing a contract. \ r \ nIf the borrower has signed the contract, he can't cancel the loan application, so he can only pay off the loan in advance. Generally, banks will charge liquidated damages, depending on how it is stipulated in the contract. \ r \ nIf the borrower needs to cancel the loan application, he can bring relevant materials to the bank outlets and apply for cancellation or early repayment at the counter. \ r \ For detailed information on how to cancel the bank loan application, please visit:/ask/843RB541615835366.html? Zd view more content