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Does the car loan lend money on weekends? When is a good time to apply for a loan?
; ? With the quiet rise of domestic car loan business, more and more people choose to borrow money to buy a car. When buying a car with a loan, everyone is more concerned about the loan time of the car loan, because the price fluctuation of the car is still relatively large. If the lending time of bank car loan is slow, it is likely to cause users to miss some preferential activities. Do you borrow the car on weekends?

Does the car loan lend money on weekends?

Generally speaking, to apply for a car loan in a bank, you need to go through complicated procedures and wait until the bank approves the loan. After the loan is approved, the loan will be released in about 5 working days, and the weekend and Saturday are rest days, so the bank will not release the loan.

However, if you choose an auto financing company for a loan, after the general loan is approved, the lender will wait 3-5 days to get the loan and receive the money on working days or weekends. In terms of loans, auto financing companies have lower loan thresholds than banks.

However, it should be noted that if the lender applies for a car loan at the end of the year, the time for lending may be much longer. Whether it is a bank or an auto financing company, the end of the year is the year-end settlement time, and the loan distributable amount is also relatively tight. Many banks even choose to suspend lending for a period of time at the end of the year.

However, if the lender has passed the previous loan approval and only waits for the loan, you can get the money on time even by the end of the year. I suggest you choose the beginning of the year when you apply for a car loan. The loan quotas of major financial institutions are sufficient, and the threshold for loan approval will be appropriately relaxed. At this time, it is easier to pass the loan review.

The above is the related question "is it a weekend loan to buy a car loan?" I hope I can help you!