Why is there a ‘Preapproved loan amount’ shown in my WeLab Bank app?

If you have a personal loan at WeLab Bank, we may have preapproved a reborrow/top-up loan amount* for you! Click the "Loan " 💰 icon in WeLab Bank app to check it out!
*The pre-approved loan amount will be subject to the bank’s approval. The Bank reserves the right to adjust the pre-approved loan amount and request customers to provide additional documents for further approval.

Was this article helpful?