At present, the length of loan review is closely related to the difference of lending institutions. As we all know, banks are strict in handling loans, and the review process is complicated, so we must be slow. Then for the loan company, the review process is simple and fast, and it will be faster if it is private lending. As long as the borrower and the borrower agree and sign a contract, the loan can be issued.

Secondly, the speed of loan review is also related to the borrower's qualification. Generally speaking, if the borrower is qualified, the loan review will be faster. Why? Because if the borrower has good qualifications and can gain the trust of the bank, the faster the loan review, and if the information submitted by the borrower is more perfect, the review speed can be accelerated, and vice versa.

Another most important thing is that the speed of loan review is related to the type of loan processing. For example, the review period of mortgage loans is 20-30 days, and the review time of unsecured loans is within 7 days. Therefore, what kind of loan to handle also affects the approval time of the loan. If you want to get approval quickly and the amount you need is not very large, then Bian Xiao suggests that you still apply for unsecured loans or credit loans.