Building bank fast-track lending is a simplified and fast-tracked personal loan product. So, is there a high pass rate for fast loans? This is of concern to many borrowers. To answer that question, we analyse it from several angles。

Is there a high pass rate for fast loans

First, as one of China ' s largest commercial banks, the Bank has considerable strength and experience in risk control, and its fast-lending product has a relatively high pass rate. The Bank ' s lending operations have been very cautious and rigorous, and the borrower ' s audit and risk assessment will be thoroughly scrutinized. This has had a positive impact on ensuring the repayment capacity and creditworthiness of borrowers。

Second, the relatively simple application for a fast-track loan, which does not require cumbersome security, also increases the applicant ' s pass rate. In general, fast-approval lending products tend to focus more on the individual credit and income situation of borrowers than on the need to provide a large amount of collateral as in traditional lending. As a result, if borrowers have good credit and a stable income, the pass rate for fast-track loans will be relatively high。

In addition, as a bank that focuses on science, technology and innovation, the Bank has continuously introduced such technical tools as smartness and big data culture in the approval of loans. These technical instruments allow for a more objective and rapid assessment of the credit position and repayment capacity of borrowers, thus increasing the pass rate. By using big data to analyse information on borrowers ' credit records, repayment history, etc., the Bank can more accurately judge borrowers ' credibility, reduce human interference and further improve the pass rate of fast loans。

However, although the pass rate for fast-track loans is relatively high, not all applicants can be approved. The situation of each applicant is different and the pass rate varies depending on the individual circumstances. Some factors may influence the pass rate, such as the applicant ' s credit record, income level, debt burden, etc. At the same time, as a commercial bank, it is also necessary to consider the ratio of the bulk of the loan to avoid an increase in the risk of non-performing loans in the light of market conditions, risk management and other factors。

In summary, the rate of pass-through of fast-track loans is relatively high. As one of China ' s largest commercial banks, the Bank has extensive experience in risk control and advanced technical means to improve the pass rate of loan applicants through a comprehensive vetting and rapid approval process. However, the pass rate is still influenced by a combination of factors such as the applicant ' s personal situation and the market environment。