Car loans are not approved by banks on weekends, and it is impossible for banks to transfer money to citizens on holidays. The approval time of general bank loans is about 15 days. If there is a policy change, the time may be extended to 1 month.

1. Corporate transfer cannot be realized on holidays.

Some financial institutions can't lend money on Saturdays, Sundays and holidays, because the bank's corporate business can't be handled on holidays, so the loan you applied for can't reach the dealer/financial service provider's Gong Hu on holidays, and it needs to be postponed to working days, which will delay your loan lending.

Second, there is a problem with the funds of lending institutions.

Some financial institutions, at the end of the year or at the stage of sharp increase in business volume, reached the upper limit of lending amount and other reasons, which led to the inability to lend money in time. What's more, there is a problem with the source of funds, "no money to put." This situation also happens from time to time.

Third, the number of credit inquiries in a month is 10, which is already very frequent. You should know that frequent inquiries about credit information will lead to changes in credit information. Frequent checking of credit records will affect lending. Every inquiry will leave a record in the credit report, and the credit report with too many records is called "Huabai Credit Report". Generally speaking, if there are four credit inquiries in a quarter, you should pay attention to your credit report. Moreover, your credit inquiry has exceeded 10 times a month, so basically all formal lending platforms will not make any payment.

Generally speaking, it is very important for banks or other financial institutions to look at the credit information of applicants in the past six months to two years, especially in the last six months. However, different institutions may have different credit requirements for loan applicants. General credit inquiry is divided into: personal inquiry, credit card approval, guarantee qualification examination, loan approval, objection inquiry, etc. Among them, hard inquiry refers to the credit records left by credit card approval, guarantee qualification examination and loan approval. Too many hard queries will reflect many problems. First of all, too many hard questions and frequent loan applications will make institutions think that you are short of money.

If you don't get a loan or credit card during that time, you will be considered by the institution as having poor financial ability and weak repayment ability, so you won't provide loan services. Secondly, if many institutions inquire about your credit information during this period, then ordinary banks or institutions will refuse to provide you with loan services. Banks or institutions reject your loan application because you may borrow from multiple sources and there is a risk that the loan pressure is too high to borrow.

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!

Can I borrow money to buy a car on Saturday?

Can I approve the car loan on Saturday? If the bank works half a day on Saturday, even if the car loan formalities are completed in the morning, it will not be approved until next week. Therefore, the car loan on Saturday cannot be approved on the same day.