Due to the large amount of individual housing loans in the stock of Agricultural Bank of China, the time span of system deduction is long. In order to avoid affecting the customer's credit record, the customer should deposit enough money to repay the current loan principal and interest before the repayment date 17:00 according to the agreement in the Individual Housing Guarantee Loan Contract.

If the 20th of each month is the repayment date agreed in the contract, the customer shall deposit the current loan principal and interest into the repayment account before 20th of the month 17:00. (If the customer deposits the current loan principal and interest into the repayment account on the 20th, and the repayment time is late, the system may not deduct the money. )

After the loan is paid off, the system will automatically deduct the money on the repayment date. Under normal circumstances, the Head Office will shut down before 2 1 p.m., and the system will not deduct money after shutdown.

After the deduction fails on the repayment date of the housing loan, the deduction will continue on the next day and the end of the next day (some branches have the smallest deduction, such as 500 yuan) until the overdue installment arrears are deducted. This rule applies to all types of housing loans.

Extended data

The consequences of overdue repayment are as follows:

1. Bear high penalty interest.

After the credit card defaults, the liquidated damages usually involved are the revolving interest fee and the late payment fee. The essence of revolving credit is a small, unsecured loan with daily interest. If the repayment is not made in full on the last repayment date, revolving credit interest will be generated on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.

2. Cause legal disputes

Credit card violent collection has become a hot topic. Many credit card centers of banks outsource the collection of credit card repayment to some so-called "debt collection companies". The quality of these companies is mixed, and the methods of debt collection are rough, which brings great trouble to customers.

3. Leave a "credit stain" in the national credit information system.

In 2006, the central bank established a national unified enterprise and individual credit information basic database. As long as you have applied for a card or borrowed money from a bank, this system will automatically generate your own "credit report".

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