Loan approval does not affect the credit report. When approving credit cards and loans, banks will not only check whether there are overdue records, but also check the applicant's inquiry records to see if there are hard inquiry records such as loan approval, credit card approval and guarantee qualification examination. Too many hard queries such as loan approval will affect the credit report.

Loans refer to loans made by banks, credit cooperatives and other institutions.

Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of expanding social reproduction and promoting economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Units or individuals who use money generally agree on interest and repayment date.

Repayment method:

1. Equal repayment of principal and interest: that is, the sum of loan principal and interest is repaid by equal monthly repayment. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. In this way, the monthly repayment amount is the same;

2. Matching principal repayment: a repayment method in which the borrower repays the loan in installments (months) and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

3. Pay interest and repay the principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the maturity date of the loan [loans with a term of less than one year (including one year)], and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

4. Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, in which the repayment amount and repayment period change, but the repayment method remains unchanged, and the new repayment period shall not exceed the original loan period.

5. Repay all the loans in advance: that is, the borrower can repay all the loan amount in advance when applying to the bank. After repayment, the loan bank will terminate the borrower's loan and handle the corresponding cancellation procedures.

6. Pay back as you borrow: interest after borrowing is calculated on a daily basis, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without paying a fine.