The loan process is complex and changeable, and we will have various problems in the loan process. Then, when we submit a loan application to a lending institution, how can we cancel the loan application? Next, let me answer this question for you.
How to cancel the loan application can be divided into the following situations:
1. If the loan is applied by normal procedures, after the loan is approved, there will be a loan receipt signing procedure (in sextuplicate). As long as you don't sign, you can't issue loans, and naturally terminate the loan issuance process.
2. If the loan is in the process of approval, you can also apply to the account manager for cancellation to terminate the loan approval process.
If the loan has been paid in place, you can't cancel the application. You can only prepare for prepayment, but it will take one year, otherwise there will be liquidated damages and handling fees.
It can be seen that after applying for a loan, you can apply for cancellation as long as you have not entered the stage of loan approval and lending. The specific operation process is as follows:
1, contact the staff of the lending institution;
2. After confirming the identity, apply for cancellation of the loan;
3. The loan has been cancelled successfully.
Regarding how to cancel the loan application, I believe the answer is very clear, and I hope it can bring you reference and reference.
The loan was approved. Can I cancel the loan before it is released?
The loan was approved but there was no loan. If the loan contract is not signed, the user can cancel the loan contract directly. Moreover, the loan contract has been signed, but without the loan, the user can still cancel the loan, but only need to pay a certain penalty. Before applying for a loan, users must consider whether they need loan funds.
After the loan is approved, the lending institution will generally automatically sign a contract with the user, and it is not cost-effective for the user to cancel the loan application halfway.
1. Credit loan
Credit loan is an unsecured loan. The loan amount is not fixed, but it is generally very small, not exceeding 200,000, depending on personal credit. The loan term is mainly short-term, generally around 1 year. The information to be provided when applying for a credit loan includes: proof of income, personal credit rating in the bank (i.e. credit report), personal professional information, identity certificate, etc.
Risk: This kind of investment project is mainly based on the borrower's personal credit. With the gradual improvement of the domestic credit information system, the online lending platform is undergoing rectification, so the default rate is high, and the platform needs a larger business model to make up for the default losses. But there are also many general credit loans like bank loans. After all, people with good credit can borrow from banks and will not choose other platforms.
2. Housing mortgage loan
Real estate mortgage loan is a financing method in which the borrower provides mortgage to the lender with his own house as collateral and publishes the loan on the platform. The borrower can also use the collateral to re-set the mortgage and make full use of the value of the collateral.
Risk: This kind of investment project is greatly affected by house prices, and there are risks such as falling house prices and difficulties in realizing it. At present, there are many online lending platforms with the phenomenon of secondary mortgage. Secondary mortgage refers to the mortgage of the remaining value of the house when the current appraised value of the house is greater than the appraised value of crude oil. Although the second mortgage is effective, unlike the first mortgage, the second mortgage cannot enjoy the priority of compensation, so the risk is greater.
3. automobile mortgage
Vehicle mortgage loan refers to the borrower borrowing with the vehicle as collateral, which is usually used to solve short-term problems. Under normal circumstances, the car mortgage can only reach about 70% of the valuation, and the time is divided into one month, three months, six months and twelve months.
Risk: At present, not all platforms in the market carry out second-hand car mortgage business. In view of the great growth space in the domestic new car market, the prospect of vehicle mortgage business is still relatively large. However, there are risks such as car damage, fraudulent loans, discounts, and purchase restrictions in major cities.
Can the bank loan be cancelled before it comes down? Specific analysis of specific circumstances
Many people will choose bank loans when they are in urgent need of money, but bank loans have higher requirements for applicants, and they will check credit information when submitting applications. Many people are worried that the failure of bank loans will affect their credit information, and they want to cancel their loans after submitting their applications. Then, can the bank loan be cancelled before it comes down? Let's briefly introduce it today.
Can the bank loan be cancelled before it comes down?
It should be judged according to the progress of bank loans, for example, the application has just been submitted but has not been reviewed, is being reviewed, and has not been released after approval.
1. The application submitted has not been approved: you can call the customer service of the bank directly to see if you can cancel the application. Generally, you may have the opportunity to cancel before the approval begins, but it is not necessarily. If the customer service says it can be cancelled, ask for help to cancel, but the submitted materials will not be returned.
2. Being reviewed: the loan will not be cancelled after being reviewed, and it will be unsuccessful only if it is not approved, but there are some ways to make the loan approval unsuccessful. For example, many banks will call the applicant back. When they borrow the phone number of the bank, they can deliberately say the wrong information. When the bank sees that the information submitted is inconsistent, it will refuse the loan application.
3. Not lending after approval: generally, you just need to wait for the bank to lend money, and there is no way to cancel the loans that have passed, unless the loans are unsuccessful. For example, some loans will be checked twice before lending, so it is possible to apply for other loans and credit cards frequently before lending, which will affect the loans. If the loan fails, the loan will not be made, and the loan relationship will not be established, so there is no need to cancel the loan manually; If the loan is a foregone conclusion, we can't terminate the loan until the account is repaid in advance.
The above is "Can I cancel the bank loan before it comes down?" I hope it will help everyone.
Can I cancel the loan if it has not been released? brief introduction
Now it is easier and easier to get loans, especially credit loans, which can be applied without mortgage guarantee. Because of this, many people will blindly borrow money and regret it immediately after submitting the application. When they saw that the loan had not been issued, they were going to cancel it. So, can the loan be cancelled before it is released? This is actually not as easy as I thought. Let's have a look.
Can I cancel the loan if it has not been released?
It should be judged according to the progress of the loan, for example, the application has just been submitted but has not been reviewed, is being reviewed, and has not been released after approval.
1. The application submitted has not been approved: you can call customer service directly to see if you can cancel the application. Generally, you may have a chance to cancel the review before it starts, but it is not necessarily. If the customer service says it can be cancelled, ask for help to cancel, but the submitted materials will not be returned.
2. Being reviewed: the loan will not be cancelled after being reviewed, and it will be unsuccessful only if it is not approved, but there are some ways to make the loan approval unsuccessful. For example, many banks will call the applicant back. When they borrow the phone number of the bank, they can deliberately say the wrong information. When the bank sees that the information submitted is inconsistent, it will refuse the loan application.
3. Not lending after approval: generally, you just need to wait for lending, and there is no way to cancel the loans that have passed, unless the loans are unsuccessful. For example, some loans will be checked twice before lending, so it is possible to apply for other loans and credit cards frequently before lending, which will affect lending. If the loan fails, the loan will not be made, the loan relationship will not be established, and there is no need to cancel the loan manually; If the loan is a foregone conclusion, we can't terminate the loan until the account is repaid in advance.
The above is the introduction of "Can I cancel the loan before it is released?". I hope it will help everyone.