Will there be a bank SMS notification when the car loan is rejected?

If the subject wants to know, "will there be a short message from the bank when the car loan is rejected?" The relevant contents are as follows:

If the car loan is rejected, the bank will have a short message prompt:

1. The Measures for the Administration of Automobile Loans has corresponding provisions on this. Article 24 When granting auto loans, the lender shall require the borrower to provide mortgage or other effective guarantee for the purchased auto. After examination and evaluation by the lender, it is confirmed that the borrower has good credit and can repay the loan, and no guarantee is required;

2. Lenders should directly or entrust designated dealers to accept applications for auto loans, improve the separation system of loan examination, and strengthen pre-loan examination and post-loan follow-up collection;

3. Relevant provisions of the Measures for the Administration of Automobile Loans Article 27 Lenders shall establish a classified monitoring system for automobile loans according to factors such as loan amount, regional distribution of loans, financial status of borrowers, automobile brand and mortgage guarantee, and regularly check and evaluate the risks of different types of automobile loans.