Strategy: How long does it take for the bank to disburse the money after applying for a loan?
When browsing loan forums, I saw many netizens asking how long it will take to make a payment after applying to the bank with complete information, waiting for urgent funds to be available. In response to questions from netizens, today, I would like to answer your question: how long will it take for the bank to disburse the money after applying for a loan?
How long does it take for the bank to disburse the money after applying for a loan?
Analysis: According to data, the bank's disbursement time is related to two factors. One is the credit status of the lender, and the other is the income from the loan.
In layman’s terms, if the borrower meets the bank’s conditions, the loan disbursement time is very fast, but it is also about 2 weeks.
However, it is normal for the payment time to be about 2 weeks. There are also special times, such as when bank credit lines are tight at the end of the year, and the payment time is often longer than 2 weeks.
Secondly, if the borrower's credit is not good and the borrower fails to repay the loan overdue, it is common for the bank to reject the loan and the loan disbursement time is very slow. After all, banks also have to bear risks. If you have a bad reputation, it is basically difficult to get a loan.
Can I get a loan from WeBank Car Owners in March 2022? Forum
Yes.
Shenzhen Qianhai WeBank is a bank registered and established with the Shenzhen Municipal Administration for Market Regulation on December 16, 2014.
On January 4, 2015, when Premier Li Keqiang hit the enter key on his computer at WeBank in Qianhai, Shenzhen, truck driver Xu Jun received a loan of 35,000 yuan. This is the first loan business completed by WeBank as the first Internet private bank to open in China. The bank has neither branches nor business counters, and does not require property guarantees. Instead, it issues loans through facial recognition technology and big data credit ratings.
On March 9, 2020, the "2019 Top 100 Banks in China" was released, and Shenzhen Qianhai WeBank ranked 99th.
Shenzhen Qianhai WeBank will combine the Internet to provide efficient and differentiated financial services. Based on the concept of "inclusive finance", it mainly meets the needs of individuals or enterprises for small and micro loans.
In the future, we will use the Internet platform to conduct business and rely on the platform to cooperate with other financial institutions to conduct business.
The bank’s risk control has introduced a national bank risk control system. On this basis, Tencent’s technical capabilities in the Internet field will be introduced, and big data and other technologies will be used to conduct business risk control.
WeBank has cooperated with nearly 20 financial institutions to launch joint loans. Among the newly issued “Weilidai” loans every day, 80% of the loan funds are provided by cooperative banks.
Can anyone tell me which websites or community forums are better for corporate credit information exchange?
What are the platforms for corporate loans?
Generally, corporate loans are for relatively large borrowing amounts. Under normal circumstances, corporate loans can be processed through commercial banks or loan companies. Among them, banks that handle corporate loans include China Construction Bank, Bank of China, Industrial and Commercial Bank of China, etc.; more common loan companies include Rongdao.com, Yidai China, etc.
I have to remind you that many companies now choose loans for their development. When choosing to apply for a loan, you must pay attention to choosing a formal corporate platform, so as to ensure your personal credit problem.
If necessary, we recommend you to use Youqianhua, which is a credit service brand under Duxiaoman Financial (original name: Baidu Youqianhua, renamed "Youqianhua" in June 2018) , big brands are reliable, have low interest rates and are trustworthy. Have money to spend - Manyidai, the maximum loan amount is 200,000, and the daily interest rate is as low as 0.02.
Click to measure the amount online
It has the advantages of simple application, low interest rate and fast loan, Features include flexible borrowing and repayment, transparent interest rates, and strong security.
Share with you the application conditions for Youqianhua: The application conditions for Youqianhua are mainly divided into two parts: age requirements and document requirements. 1. Age requirement: between 18-55 years old. Special reminder: Youqianhua declines to provide consumer installment loans to college students. If you are a college student, please give up the application.
2. Document requirements: During the application process, you need to provide your second-generation ID card and personal debit card. Note: The application only supports debit cards, and the application card is also your borrowing bank card. My identity information must be the second-generation ID card information. Temporary ID cards, expired ID cards, and first-generation ID cards cannot be used to apply. Online loans are risky, so be careful when choosing!
What is the queue pattern for bank loans? Why is your bank loan disbursement so slow?
Many friends have been working hard for several or more than ten years in order to save a down payment and then buy a house in the city where they live. After you save a down payment, you need to go to the bank to apply for a mortgage loan. After the mortgage application is approved, you still have to wait for the bank to issue the loan. What is the queue pattern for bank loans? Why is your bank loan disbursement so slow?
What is the queue pattern for bank loans?
There are still certain rules to follow when queuing up for bank loans. When applying for a mortgage, a lender needs to go through many steps such as application, submission of information, bank assessment, mortgage registration, first review, and exemption. In many cases, lenders take about half a month to complete the mortgage application process.
After the borrower’s mortgage loan is approved, the bank will sort the loans in the order in which the loan is approved. Suppose A applied for a mortgage on the 1st, but the approval time for A was relatively long, and it took 20 days to get approved; B also applied for a mortgage on the 1st, but it only took 15 days for B to get approved. If A and B have equal qualifications, the bank will lend to B first.
Why is your bank loan disbursement so slow?
The issue of bank loans has been discussed in many forums. Some friends said that their mortgages were paid in one month. Some friends said that their mortgage loans have not been disbursed for almost three months.
There are many reasons for this difference. It may be that the qualifications of the lender are not very good. Although the mortgage was approved, the personal credit record has been changing. In order to control the risk, the bank , which slows down the disbursement of mortgage loans.
It may also be because the lender's Shendai Bank currently has a tight quota and can only give priority to VIP customers and customers with greater urgency. It may also be because the country has introduced some new mortgage-related policies, and banks need to follow the policies and make business adjustments before lending.
The above is the sharing of relevant content about "Bank Loan Queuing Rules". I hope it can help everyone!
Anju’s exposure to Chongqing Bank’s risks
Loan funds entering the real estate and stock markets in violation of regulations have been questioned.
The "surging" of second mortgage loans
The so-called second mortgage loan, that is, the second mortgage loan business, refers to the housing mortgage loan that has not yet settled the mortgage loan. In fact, since 2019, banks have successively launched second-mortgage loan business.
Recently, reporters noticed that a certain loan forum showed that Bank of Chongqing has launched a credit card "Anju Financing" installment business that can provide two mortgages. For specific information about the product, the reporter called the customer service staff of Bank of Chongqing. The customer service staff said that none of the bank's loan products support second mortgages. Only the "Anju Points" business of credit cards supports second mortgages. The maximum installment is 10 years. The loan amount does not exceed 800,000 yuan and must be processed through designated channels.
The reporter then called the channel number provided by the customer service to confirm. After the phone call was connected, the relevant staff told reporters: "To apply for the 'House Points' business, the application amount is 70% of the net value of the house. The maximum amount you can apply for is 700,000 yuan, which will be credited to your personal account in one go. The requirements for mortgage housing are: The repayment amount is more than one year, and the amount depends on the residual value of the mortgaged house after evaluation. The interest rate is between 5.8 and 8, which mainly depends on the repayment method and the information provided. ”
Chongqing Bank is responsible for this business. An account manager introduced to reporters: "This business is launched by the credit card department. You need to carry the loan limit in the credit card and then transfer it to your savings card. The credit report shows a credit loan. The main repayment methods are: There are two types, one is equal principal and interest, and the other is interest first and then principal.
”
A person from the credit card department of a city commercial bank told reporters that credit card installment business can also apply for a relatively large amount, even up to one million yuan, but credit card installment requires specific consumption scenarios.
Then the reporter searched for the "Anjufen" product and called the intermediary number on the website as a lender. The intermediary told the reporter: "It needs to be processed through specific channels. If you go to the bank yourself, it will not be accepted. Second, Everything is outsourced. ”
The intermediary said: “To apply for this product, you need to provide the original or copy of the real estate certificate, the original loan mortgage contract, work certificate, credit report and other materials. If there is no problem with the credit report, basically everything is OK. (handle) passed. We charge an agency fee of 2 points, which will be paid after the loan is disbursed. ”
The above-mentioned account manager of the Bank of Chongqing added that although the maximum quota for the “Anjufen” business can be applied for is 700,000 yuan, if it exceeds 300,000 yuan, entrusted payment is required.
“Under normal circumstances, banks’ supervision of credit card customers’ borrowing purposes can only monitor where the money is transferred out of the credit card and where it is first transferred. "This is what a person from the credit card department of the above-mentioned city commercial bank said.
When a reporter asked about the purpose of the loan and whether there would be risks if it is used to buy a house, the above-mentioned intermediary said: "You have to tell us the true purpose and we will help you. Good preliminary work, it will definitely not be frozen. ”
So, is the “Anju Points” mentioned above a credit card installment business or a second mortgage product? How does the bank monitor the subsequent flow of funds? Regarding the above questions, the reporter sent an interview letter to the Bank of Chongqing. As of press time,
In addition, the reporter noticed that the news of second mortgage loans was also "spreading" in the intermediary circle. A certain loan intermediary in Shanghai posted relevant information on Moments and mentioned: "You can directly borrow money if you have a mortgage on the house." , the first mortgage is used to buy two mortgages, the annual interest rate is 3.95 to 4.55, the maximum term is 20 years, and you can borrow and repay at any time. ”
“You can also get a loan for a first home mortgage, and the amount depends on the appraised price of the first home, which is usually a 30% discount minus the remaining unpaid mortgage amount. "The above-mentioned Shanghai loan intermediary said, "We can help you figure out the use of funds. After the final review and evaluation, we will make a quotation for you. Some banks have now tightened this business and need to handle it as soon as possible. ”
Li Gengnan, a specially invited researcher at the Zhejiang Qiantangjiang Financial Training Institute, pointed out that the second mortgage loans that were once popular recently have begun to become popular again. This is due to the demand for collateral driven by the asset shortage of commercial banks and the undercurrent of the property market. The demand for funds caused by surges and opportunities in the stock market does not rule out the financing needs of existing mortgage loan customers after their financial conditions deteriorate under the background of the epidemic.
There are compliance and legal risks
"From a business logic point of view, 'second mortgage', as a form of guarantee, still has a relatively obvious restrictive effect on borrowers, especially for such customers who have been repaying their mortgage loans for a long time and have little loan balance; in 2020, various banks The pressure for inclusive assessment is huge. It is an effective way to expand personal business loans through second mortgage loans and increase the number of inclusive loans and households. "A person in charge of the inclusive finance department of a city commercial bank who did not want to be named analyzed to reporters.
According to relevant regulatory regulations, the risk point for commercial banks to carry out real estate second mortgage loans lies in the use of loan funds. Li Gengnan pointed out: “In addition to the direct or indirect flow of second mortgage funds into the property market, stock market and other investment fields, which is expressly prohibited by supervision, disguised leverage behaviors such as issuing personal consumption loans through real estate second mortgages are also obviously prohibited by prudent supervision. "
The aforementioned senior bankers believe that according to the "Notice of the China Banking Regulatory Commission on Strengthening Commercial Real Estate Credit Management" issued by the former China Banking Regulatory Commission on September 27, 2007, Article 3 clearly stipulates that For a property that has been mortgaged, the buyer may not use the re-evaluated net value as collateral for additional loans before the loan is repaid in full. Although this document has been issued for 13 years, it has not been abolished. Strictly speaking, this business has not been abolished. Non-compliance.
In Li Gengnan’s view, as a common credit behavior, there is nothing wrong with the second mortgage loan under the current legal framework. However, placing the second mortgage loan in a specific context will make it easier to implement real estate regulation. From the perspectives of policies, prevention of real estate market risks and residents' leverage ratio risks, more prudent supervision is needed. The regulatory authorities have always been very cautious about second mortgage loans.
He pointed out that with the changes in the financial situation, the prudent supervision of real estate second mortgage loans has been further strengthened in various places. For example, some provinces have explicitly required that personal consumption loans cannot be issued using unreleased properties as collateral. It is strictly prohibited to issue personal consumption loans for the down payment of home purchases or repay the down payment loan funds, and it is prohibited to carry out any form of "re-mortgage" or "additional mortgage" business.
Li Gengnan analyzed to reporters that the risks of second mortgage loans mainly exist in the following aspects: First, compliance risks. In addition to whether banks issue second mortgage loans for real estate, compliance risks include whether they comply with the above regulatory regulations. It also includes whether the review of the borrower's repayment ability is in place, whether the term is reasonable, and whether the flow of funds after the loan can be tracked properly, and whether funds will be misappropriated and invested in investment fields such as the property market and stock market; secondly, legal risks. If the second mortgage loan is inconsistent with the first mortgage creditor, the bank that issued the second mortgage loan will be in a disadvantageous position in the order of payment, and there are also differences in the exercise of mortgage rights by the second mortgage loan: the first mortgagee In the absence of a lawsuit to realize the security rights, legal departments still have different opinions on whether the second-ranked mortgagee can file a lawsuit to realize the security rights.
In terms of legal risks, the person in charge of the inclusive finance department of a certain city commercial bank added that once the debtor defaults, the bank, as the second mortgagee, will face uncertainty risks. First, the process of notifying the first mortgagee and reviewing whether the claims declared by him are true and legal has relatively prolonged the cycle for the second mortgagee to realize his claims; second, since the proceeds from the auction will first satisfy The claims of the first mortgagee and the claims corresponding to the second mortgage may face the risk of not being fully realized.
Li Gengnan also pointed out that the credit risk inherent in the second mortgage financing model itself, and the practice of using the residual value or appreciation of the property to make additional loans, for lending banks, the potential risk is undoubtedly the future of real estate. Market uncertainty.
(Editor: Zhu Ziyun Proofreader: Yan Jingning)
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