Loan approval is a link. Loan approval is an important link before financial institutions issue loans, which involves a comprehensive review and evaluation of the borrower's credit status, repayment ability and loan purpose. This process aims to ensure that the loan risk is under control and in line with relevant laws, regulations and policy guidance. The loan approval process includes loan application, investigation, review, approval, signing, issuance and payment. In this process, the bank will comprehensively evaluate the borrower's credit status, repayment ability, loan use and other aspects to decide whether to issue loans and the conditions of loans. Loan interest rate is an important indicator of loan cost, which is influenced by the central bank's benchmark interest rate, market supply and demand, loan term, risk level and other factors. The borrower shall, according to his own financial situation.