credit loans, in particular, can generally be released on the same day.
if it is a car loan, mortgage loan or the like, the loan will generally be completed within 15-2 working days.
if it's a mortgage, the loan time is not necessarily.
after the borrower submits a mortgage application, the bank will write a loan application report according to the bank's credit application template after collecting the borrower's personal data, and report it to the branch for approval after being approved by the branch president.
this time will take about 1-3 days.
after the borrower's information reaches the branch, there are still two steps to go: review and approval.
the review session will take a long time, usually taking several days.
because auditors need to check whether the loan information is wrong one by one, such as why the bad records in the credit report are caused, and whether the income situation and salary flow are right.
if any information is missing or the contents are inconsistent, the borrower is required to submit supplementary explanations.
generally, the approval process is relatively fast, and it takes about 1-2 days.
it will take about 15 working days after the review and approval by the branch.
after that, the bank needs to go through the mortgage registration, which will take about 7 days.
finally, the bank needs to have a face-to-face interview with the borrower, which takes one day.
after the face-to-face signing is passed, the bank will generally release the loan funds to the third-party account within 7 days.
when lending money, banks usually send text messages or make telephone reminders.
if the borrower applies for a provident fund loan, it will take longer to lend because it involves the approval process of the provident fund center.
It usually takes 2-3 months for provident fund loans to be approved and released.
generally speaking, when approving loans, bank loan approvers will put forward some additional requirements to be implemented according to the actual situation of users, and banks will only lend money after users need to implement the relevant conditions.
before applying for a loan, the borrower can check whether there are overdue records in his personal credit report and whether the bank's running water within six months meets the loan requirements.
online loan big data can clearly reflect the recent application of online loans by users, whether online loans are repaid on time, and whether identity information is suspected. You can check with credit inquiry tools such as "Xiaoqi Credit Check" to get a detailed risk report.
Extended information:
How to eliminate the number of personal credit inquiries?
no one can delete the credit record, and it will be automatically deleted from the credit report only when the time is up.
among them, the bad credit records need to be eliminated after 5 years of termination of bad behavior; Query records only show records in the last two years, that is, each query record is pushed back by two years according to the query time, which is the time for its elimination.
But it doesn't mean that the borrower can't apply for a loan until the inquiry record is completely eliminated. It only takes about 36 months to properly collect the credit information. If there are no new inquiry records during this period, most lending institutions will still recognize the borrower's qualifications without bad credit records and good personal repayment ability.