There are too many applications for online loans. What can I do if I refuse now? Can I get a loan from the bank?

It is recommended to choose formal channels to handle loans. If you need to apply for a small cash loan, China Merchants Bank launched a lightning loan business. At present, you can apply through the mobile banking app or check whether you are eligible to apply.

1. After the lightning loan is issued, the cash will be distributed to the designated account. Funds can only be used for normal bulk consumption and transfer, and may not be invested or flowed into the stock market or real estate.

2. If you have a savings card of China Merchants Bank, you can log in to mobile banking and click "My → All → Borrowing → Flash Loan" to apply for flash loan. Your specific limit will be verified according to your business situation in China Merchants Bank. You can check it after your application is successful.

3. Different types of lightning loans have different quota regulations. Generally, the maximum credit line does not exceed 300,000, which is subject to the loan page. If you have obtained the qualification of lightning loan, you can log in to the mobile banking APP of China Merchants Bank or the online banking "lightning loan" module to check your maximum application amount. The minimum amount of a single withdrawal is 1 1,000 yuan, and the maximum amount does not exceed the limit, and it must be an integer multiple of 1 1,000.

4. There are two ways to apply for a loan within the lightning loan limit:

(1) 15 minutes, the loan will be automatically approved within 5- 10 minutes, and the loan will be released immediately after approval, and the result will be notified by SMS.

(2)T+ 1 day loan. There will be telephone verification within T+ 1 day, and the loan will be arranged after confirming the information. If you still don't reply after three active contacts, the application fails and you need to apply again.

Tips: ① If there is no automatic lending within 5- 10 minutes, it is normal to wait for telephone review. The approval progress cannot be directly queried, and the approval result shall prevail.

(2) When the lightning loan is built, there will be inquiry records on the credit information. If you only successfully established the amount, but did not withdraw money: there will be no record of the amount in the credit investigation; Every subsequent withdrawal, there will be a new loan record in the credit information.

(Reply time: June 8, 2022. Please refer to the latest business changes announced by China Merchants Bank in official website. )