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Can I lend money on the day when the car loan is approved?

Hello, after the car loan is approved, it may not be released on the same day. After the car loan is approved, the owner still needs to sign a loan contract with the lending institution, handle auto insurance, vehicle mortgage registration and other procedures. Lending institutions will not lend money until the contract is signed and mortgaged. Of course, it is also efficient. This kind of insurance, mortgage and loan contract can usually be signed within one day, so the loan can also be completed on the same day.