How do I know if a personal loan application has been approved?
To find out if your personal loan application has been approved, look for notifications in your email or on your phone. Many lenders also allow you to check the status online through their portal. If you prefer, you can visit your lender's branch to inquire about your application. Once approved, you'll typically receive a loan agreement to sign. Remember, approval times can vary, so follow up with the lender if you haven't heard back after a reasonable period.