1, review slowly. At the end of each year, banks and financial institutions have to start year-end liquidation, so the internal work will be very busy, which will slow down the speed of users to apply for loans.
2. The threshold for approval has been raised. Although banks are large in scale and well-funded, the market economy is sluggish and the non-performing loan ratio of banks has been rising. In order to reduce the system risk, it is inevitable to raise the threshold of examination and approval. Especially at the end of the year, users will withdraw cash more frequently than usual, so banks will also improve their liquidity control.
3. Approval is more difficult. Because of the high cost at the end of the year, many people will choose to apply for bank loans to tide over the difficulties. There are many applicants, and naturally they are mixed up. In order to prevent counterfeit goods, banks have to strengthen their risk control level.
4. The loan success rate is low. The bank's annual loan amount is limited, not unlimited. By the end of each year, the bank's loan funds are almost put. In order to allocate funds more reasonably, banks generally choose the best loans. At the same time, in order to make a good start in the coming year, many banks will deliberately depress the balance of loans at the end of the year and stop lending at will, which is also the main reason for the difficulty in lending at the end of next year.
Generally speaking, it is normal to get loans at the end of the year. Banks and online lending institutions will raise the threshold for lending, but this does not mean that they will not lend. Therefore, Five Blessingg Lending still suggests that you keep good credit information, reduce unnecessary impulse consumption, and use the funds on the cutting edge. Only in this way can we reduce the situation of "green and yellow".
General approval takes 3-5 working days. After approval, the mortgage can be transferred. After the mortgage is completed, if the loan is paid off, the owner can lend money in about 7 working days. Now, if the whole sale of second-hand houses goes smoothly and there is no special credit problem, it can be completed in 20 working days. But there is a special situation, that is, at the end of each year, bank lending will slow down. There are four main reasons for the slow approval of bank loans at the end of the year:
1. At the end of the year, all major companies have to make year-end settlement, and banks are no exception;
2. The bank's own loan amount has been reduced. In order to make rational use of it, priority will be given to high-quality customers;
3. In sharp contrast to the loose loans in the second year;
Banks use reserves to make up for the blank period, so that there is enough quota to achieve a good start next year.