In the process of applying for a loan, you will be refused a loan because of such problems. Under normal circumstances, if the borrower is due to factors such as incomplete information preparation, he can apply for a loan in the same bank or different banks. If you apply in the same bank, the general bank will ask the borrower to apply again after a period of time (see bank regulations). If you are not in the same bank, the borrower can apply directly after preparing all the information.
It is understood that although the loan products of various banks are similar, different banks have different loan requirements for borrowers. If the borrower is rejected by this bank for various reasons when applying for a loan, he can also try to apply for a loan from other banks.
If the borrower is refused a loan by the bank because of his bad credit and poor repayment ability, it will be more difficult to apply for a loan under normal circumstances. However, you can also try to apply through the bank.
Different banks have different requirements for personal credit and repayment ability, so it is also possible to get bank loans from different banks. Generally speaking, different banks have different requirements for their loan products, loan interest rates and borrowers' income levels. Borrowers don't have to worry too much if they can't get a bank loan.
In addition, if the borrower can't get a bank loan because of his poor personal qualifications, he can also apply for a loan through a local private loan company. Compared with banks, private loan companies have more relaxed requirements for borrowers. As long as borrowers have sufficient repayment ability and complete procedures, they can basically get loans.