Bank's "red envelope" credit investigation: Risk bottom line under the feast

At the beginning of the year has always been the "golden window period" for bank credit issuance. In order to achieve a good start in performance, many banks are competing for high-quality customers by lowering interest rates and speeding up approvals. On social media platforms, many loan intermediaries claim that banks have "quietly relaxed credit approval standards." However, research conducted by journalists found that although bank employees are actively marketing to meet performance targets, and even promise to assist customers in adjusting interest rates if interest rates are reduced in the future, the so-called "relaxing" of approval criteria is just a marketing trick used by loan intermediaries. In reality, banks still strictly follow big data risk control models when approving loans, and exercise cautious control over customer qualifications and fund usage.