The mobile phone can pay off the loan in one lump sum and get the settlement certificate at the end of the year. After the bank loan is settled, it usually takes about 5 to 10 days for the user to go to the bank to open the settlement certificate. However, some online loan products support users to apply for their own settlement certificates. The system will send users an electronic version or download the electronic version of the settlement certificate, which can generally be issued on the same day. There are still about 3 days to give the answer, so it takes about 7 to 15 days to drive out.

The role of loan settlement certificate

The function of the loan settlement certificate is to prove that the lender has paid off the loan, because the information update on the credit report is not real-time, and the lending institution cannot judge whether the lender's loan has been settled from the credit report. At this time, you need a settlement certificate.

It is also very simple to apply for a loan settlement certificate. Lenders can find the original institutions that handle loans, and they can handle them online. If the lender has this demand in future credit activities, the lender can handle the business according to the system prompts.