If you have online loans, you can also apply for loans at the bank. Whether the borrower has an online loan has little to do with whether he can borrow in the bank. Because most online loans are not credit, but recorded in their own credit system; Banks generally only check the borrower's credit information during the audit, and will not check the online loan big data. Therefore, whether the borrower has applied for online loans, and the specific situation, usually does not affect the handling of bank loans. Of course, this is not absolute. After all, some online loans are connected to the central bank's credit information system and will collect relevant information. When banks inquire about the borrower's credit information, they will find this information, which may affect the approval of loans.

The main differences between online loans and bank loans are:

1. The process of bank loan is generally more complicated than online loan:

Although banks can apply for many loan products in official website and mobile banking, many loan businesses have to be handled at the counter of outlets. After the borrower submits the application form and related materials at the counter, the bank will review it; After the approval, we will inform the customer to sign the contract and go through the relevant procedures; Do not apply for a mortgage until the formalities are completed.

Online loans, most of them are online applications. After the customer submits the application, the system will review it, and if it is approved, the loan will often be released immediately.

2. The audit basis of bank loans and online loans is different:

Bank loans measure the credit status of borrowers, mainly by reviewing their credit information; Online loans are usually based on big data and their own risk control (some are connected to the central bank's credit information system, which will examine customers' credit information).

3. Bank loans generally take longer than online loans:

Many bank loans take a few days, or even a week or two, from the time when the borrower applies to the loan. Online loans can be completed in about two or three days from application to lending, and some can be completed on the same day.

Can bank loans be used to repay online loans?

Bank loans also depend on the purpose of the loans. Now the supervision strictly controls the flow of bank personal loan funds, and it is forbidden to flow into the real estate and overdraft markets. Can only be used for personal reasonable consumption. However, online loan repayment is an act of repaying loans with loans, and banks will not agree to this practice of transferring risks. However, some people borrowed bank loans for personal consumption-related purposes. As a result, the bank approved the loans and got back the online loans. In doing so, we should pay attention to it. The bank may ask the borrower to provide consumption vouchers for the use of funds at any time. If you can't provide it, or the documents you provide can't meet the requirements, you may be required to settle the loan in advance, and the repayment pressure will be great. So we should be as frugal as possible in our daily life and save more money for emergencies.