The reason why BOC E-loan approval failed has been found! There are mainly these 4 types!
;? Nowadays, many people choose Bank of China’s online loans, among which relatively many people choose to apply for Bank of China E-loans. Among the many applicants, many were not approved during the review and approval process. So, what are the reasons why Bank of China E-loan was not approved? Here, I would like to introduce the relevant content to you. According to what we learned, there are four main reasons why Bank of China E-loan approval failed. These 4 reasons are:
1. Insufficient credit reference. The most common reason is insufficient credit reference. Because BOC E-Loan is a pure credit loan product of Bank of China, it does not require the borrower to provide mortgage or guarantee. Therefore, Bank of China E-Loan has very high credit requirements for borrowers, and the loan will be rejected if there are even slight flaws in the credit.
2. Identity does not meet the requirements. Only Bank of China’s high-quality payroll customers, wealth private banking customers, mortgage customers, provident fund/social security/tax customers in some areas, etc. are eligible to apply for Bank of China E-loan.
3. Insufficient repayment ability Another reason why Bank of China E-loan approval failed is insufficient repayment ability. Some friends have unstable incomes or already have heavy debts on that day, so they are more likely to be rejected for loans.
4. Problems with application materials Sometimes, borrowers fail to get approved for Bank of China E-loan because there are problems with the information provided by the borrower, such as the mobile phone number has expired, etc. Above, we introduced to you the reasons why Bank of China E-loan was not approved. In general, insufficient credit, identity does not meet the requirements, insufficient repayment ability, and problems with application materials are the main reasons for insufficient comprehensive credit, which leads to the failure of approval. It is not difficult to see that the application difficulty of Bank of China E-loan is not low. How long does it take to reapply if BOC E-loan approval fails?
The Bank of China E-loan was not approved on the same day. In some cases, you will try to apply the next day, and in some cases, you will apply after one month. The details will be based on the prompts on the page you see.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses. Bank of China e-Loan will not be approved for the second time
If Bank of China e-Loan is not approved for the second time, there are indeed reasons, such as poor personal credit, because in order to ensure the safety of loan funds, the system Loan applications from users with poor credit scores are usually rejected. If you want to apply, you must maintain your personal credit. At the same time, if the repayment ability is insufficient, the information is suspected of being falsified, the identity does not meet the requirements, etc., the application will not be approved again. Generally speaking, it is the user's insufficient comprehensive credit that prevents the Bank of China e-Loan application from being approved, so users with poor qualifications should not apply easily.
Bank of China uses the Internet and big data technology to provide full-process online credit consumption for high-quality payroll customers, wealth private banking customers, mortgage customers, provident fund/social security/tax customers in some areas, etc. With loan services, you can enjoy the convenience and efficiency of online application, instant approval, real-time withdrawal and flexible repayment without leaving home.
The loan amount can be up to 300,000 yuan. The loan limit is valid for 12 months. The borrower can recycle the limit during the limit period and reactivate it after the limit expires. The loan can be used for legitimate and reasonable personal consumption expenditures such as home improvement, car purchase, education, medical care, etc. It cannot be used for non-declared purposes and personal expenditures prohibited by laws and regulations. Why can’t the Bank of China E-loan I applied for be approved?
The reason why Bank of China E-loan was not approved:
After you submit the activation application, the system will automatically conduct an automatic process based on your latest internal data and external data such as the People's Bank of China credit report. Approval, no manual intervention.
Warm reminder:
There are various reasons for rejection of approval, including that your loan with Bank of China is overdue, your consumer loan balance or credit card overdraft amount with other banks is too large, and you Have a bad credit record, etc. This reason can be checked in your Bank of China personal mobile banking or Bank of China personal online banking.
Usually, the reason for activation rejection can only be queried on the same day (because you can apply for activation again the next day, the reason for rejection is no longer displayed).
When your activation fails (approval fails) and you fail to check the reason for rejection in time, the path when you want to log in to the system again (that day) to check the reason for rejection is as follows:
Bank of China Personal Online Banking: Loan Management-New Click "View Reasons" in Business Application-Credit Loan to view the reasons for approval rejection.
Bank of China Personal Mobile Banking: Loan-BOC E Loan, the reason for approval rejection is displayed below the blue crystal ball.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.