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Can I terminate the loan during the approval period?
Legal analysis: as long as the loan has not been issued, it can be stopped. So you should negotiate with your loan acceptance bank as soon as possible. If it has been approved, please ask them to re-examine.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 196 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 197 A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of the loan contract include the loan type, currency, purpose, amount, interest rate, term and repayment method.