How long does it take for Industrial Bank to disburse decoration loans after approval?
The disbursement time of unsecured bank loans is related to the borrower's income and credit situation. Generally speaking, as long as the borrower meets the bank's unsecured loan conditions, the loan disbursement time is relatively fast, about 1-2 weeks, but this also depends on whether the bank is tight. For example, if the bank's credit line is tight at the end of the year, then in such a period In this case, the bank's loan disbursement time is relatively slow. In addition, if there is a problem with the borrower's credit status, the loan time will be slower. If the problem is more serious, the bank may "reject the loan". Reminder: Unsecured loans do not require borrowers to provide collateral, so the expected annualized interest rate of the loan is much higher than that of mortgage loans. However, some scammers’ unsecured loan advertisements will give “zero expected annualized interest rate” and “easy to apply for.” "Waiting for "discounts", everyone must be cautious in this situation!