Bank approvals but denials of lending have become more and more common in recent years, causing great distress and inconvenience to borrowers. Although banks may decide whether to lend on the basis of the borrower's credit records, income and guarantees, there are still problems and misunderstandings in the implementation process。

Bank approval passed to refuse a loan

First, it may be that the information provided by the borrower is incomplete or incorrect. Banks need to use credit evaluation systems and various authentication tools to verify the borrower ' s personal information and have the right to refuse to release money if the information provided by the borrower is questionable or incorrect. In addition, some borrowers may tamper with or falsify part of the information, not only deceptively but also in violation of the law。

Second, banks may have overly strict or subjective approval criteria. The criteria for approval by different banks may vary, with some being inflexible or too conservative, may not take full account of the borrower ' s actual situation and needs, and decisions to refuse lending may be too rigid. Of course, banks also need to assess and control risks, but they cannot afford to lose trust and support from their clients。

In addition, some banks may have internal management problems or bad business behaviour. Some banks may lack transparent management systems and service processes, which result in borrowers not receiving timely information and feedback. At the same time, some banks may also have high fees and profit-based problems, thus limiting lending and raising the credit threshold。

In the light of the above, the adoption of bank approvals and the refusal of lending is a more complex issue that requires a concerted effort by borrowers and banks. Borrowers need to provide clear and accurate information, pay attention to their credit records and liabilities and not overstate their income and repayment capacity. Banks expect their customers to be honest and faithful, and a reasonable need for borrowing and appropriate guarantees are key to resolving the problem。