The quota validity period is the deadline for the borrower to use the loan funds, and it is also the deadline for the borrower to repay all the arrears within this period. Typically, banks and other financial institutions determine loan amounts and validity periods based on the borrower's credit rating and credit history. For personal loans, the validity period is usually between a few months and a few years, while for business and corporate loans, the validity period is longer, usually between a few years and ten years.

It is very important for borrowers to understand the validity period of the credit limit. On the one hand, using loan funds during the validity period can help borrowers complete various business and personal goals, such as purchasing real estate, investing in opening stores, education and training, etc. On the other hand, if the borrower cannot repay the loan within the validity period, he will face the risk of high penalty interest and late repayment, which may even affect his personal credit rating. Therefore, borrowers need to plan their loan usage and repayment plans appropriately to avoid late repayments and additional fees.

In addition to borrowers, banks and financial institutions also pay great attention to the validity period of the quota. When predicting the risk of loan default, the validity period of the credit limit is an important factor. Banks need to ensure that contracts and terms signed with customers are complied with and executed, so financial institutions will conduct regular checks on borrowers' income and credit status and urge borrowers to repay. In addition, when the loan limit expires, the bank will re-evaluate the borrower's credit status to determine whether it needs to be renewed or whether the loan terms and limit need to be changed.