Is there a difference between a repayment loan and a replacement loan?

Is there a difference between a repayment loan and a replacement loan? A replacement loan refers to a new loan issued to repay an existing debt, which is different from a normal working capital loan. Different from the arrears formed by daily operations such as "accounts payable", the replacement loan repays the arrears in the supply chain formed by non-operating such as short-term loans, long-term loans and other accounts payable. Among the traditional credit product types of banks, there is no term "replacement loan" and no business types. Replacement loans mainly describe the loan from the perspective of the purpose of the loan.

What does replacement loan mean?

Question 1: What does write-off loan and replacement loan mean? Write-off loan means that the bank will include the loan deemed as bad debt in the off-balance sheet. Loan assets formed in the accounts; replacement loans refer to loans that are restructured and the borrower is involved in resolving the risks of revitalization

Question 2: Could you please tell me what a replacement loan means? There are two types of replacement loans. Understand, "One is that after the enterprise repays the loan with its own funds, it will then use loans from other banks to fill the gap; the other is to use a loan from one bank to repay a loan from another bank." The two understandings represent two replacement loans with different uses. , if we trace back to the source, the essence of the two replacement loans is the same, they are both replacing the loans of another bank with a loan of one bank. However, if we think about it carefully, there are differences between the two in terms of operation and loan purpose. Some obvious differences.

First of all, from the perspective of loan operations, the first type of replacement loan requires the company to use its own funds to return the original loan before the loan from another bank can be issued, while the second type of replacement loan is a bank After disbursing the loan first, the enterprise then uses the loan funds to repay the loan from another bank. There is an essential difference in the operating steps and sequence between the two;

Secondly, in the loan purpose control link, from the perspective of the bank The first type of replacement loan is obviously easier to control the real use of the loan than the second type. For the first type of replacement loan, after the company uses its own daily operating funds to repay the original borrowings that have expired, it will obviously feel that the daily operations If there is insufficient funds, the loan from another bank will be "justifiably" used for the company's daily operating turnover. The purpose of the bank loan is reasonable and easy to monitor; but for the second type of replacement loan, it is not so easy, because it is directly used. As for the repayment of loans from other banks, and the loans from other banks have already entered the enterprise, some of them have already been "founded", and some may even be misappropriated. Whether the purpose of the loan is reasonable or not, it is difficult to monitor the true purpose of the loan. Therefore, although both types of replacement loans exist in banks’ daily operations, banks are more cautious about the second type of replacement loans. Actual usage will be much less than the first one.

Question 3: What are replaced non-performing loans? Non-performing loans have been converted into other forms, such as real estate, other claims, equity, etc.

Question 4: What does it mean to replace existing bank financing? Use a new bank loan or other financing channels to replace the previous bank loan. For example, a company originally had a loan from Bank A, and now uses a newly issued loan from Bank B to repay the existing loan from Bank A. The company will then obtain a loan from Bank B, which means replacing the existing bank financing. It is mainly a means of competition among banks.

Question 5: What does replacement loan mean? Let’s talk about mortgage loans in simple terms.

Question 6: What is the company’s loan replacement in the bank? 50-point replacement is If you change a bank loan, as long as the loan is not repaid, the interest will of course continue to be paid. How to pay the interest, you have to ask the current bank for the loan

Question 7: The pros and cons of corporate loan replacement should be ok.

Accept my answer. .

Question 8: To get a car replacement loan, you must first sell your old car. If it is sold to another place after evaluation, the state will provide a subsidy of 3,000-6,000 yuan. If it still has a Beijing license plate, there will be no subsidy. It depends on who you sell it to. If you sell it to a car collector, he will give you the subsidy directly. After selling, you can keep your license plate or re-register it. You can also buy a car with a loan, for a maximum of 5 years. You can also choose a down payment of your choice, with a minimum of 30%.

The longer the term, the higher the interest rate. The loan interest is based on the national benchmark interest rate. The bank will increase the interest rate according to your situation. Generally, the interest rate on car loans is more than 8%. If you are married, you need to provide the couple’s ID cards and household registration book. Marriage certificate, real estate certificate, driver's license, 2 one-inch photos, income certificate, and bank statements for the last 3-6 months, that's all. I also bought a car recently and am in the process of processing it. In addition, I heard from people in the auto market yesterday that subsidies are about to disappear. Please ask as soon as possible to avoid missing out.

Question 9: What is the difference between a home mortgage loan and a home replacement loan? A home mortgage loan is a house that has acquired ownership, and a home replacement loan is a mortgage loan.

So is a home replacement loan. To use the property purchased this time as a mortgage,

Question 10: How do you understand the replacement loan? Please answer it in detail. Thank you, it is the exchange of provident funds and loans.

What does loan replacement mean?

A house replacement loan means that the person who wants to apply for a loan mortgages a property with clear title owned by himself or a third party to the bank, and then evaluates it according to the bank A method of purchasing a property in which a certain percentage of the price is obtained as a loan to pay for the down payment of a property purchased with a bank mortgage.

1. Basic concept

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. It is a simple and popular understanding. It’s borrowing money that requires interest. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development; at the same time, banks can also obtain loan interest income and increase their own accumulation.

Second and Three Principles

The "Three Principles" refer to safety, liquidity and efficiency, which are the fundamental principles of commercial bank loan operations. Article 4 of the "Commercial Bank Law of the People's Republic of China" stipulates: "Commercial banks take safety, liquidity, and efficiency as their operating principles, implement independent operations, bear their own risks, be responsible for their own profits and losses, and self-discipline."

1. Loan security is the primary issue faced by commercial banks.

2. Liquidity refers to the ability to recover loans within a predetermined time limit or quickly realize cash without loss, so as to meet the needs of customers to withdraw deposits at any time.

3. Efficiency is the basis for the sustainable operation of banks.

For example, if a long-term loan has a higher interest rate than a short-term loan, the efficiency will be good. However, if the loan period is longer, the risk will increase, the safety will be reduced, and the liquidity will become weaker. Therefore, there must be harmony between the "three natures" so that there will be no problems with loans.

3. Student loans

As a leading consumer credit information service company in China, Lirong.com is the only company in China that has launched an MBA student loan project, which provides MBA students with The bridging student loans provided can help students easily solve their tuition problems. MBA freshmen can apply for low-interest student loans ranging from 10,000 to 200,000 yuan on Lirong.com with their admission notice. If the repayment method is equal to principal and interest, the monthly interest can be as low as 0.7%, which is lower than the interest rate of bank credit card installments. All low. After enrolling in school with the bridging student loan provided by Lirong.com, MBA students can apply to the school for a lower-interest national student loan, and then use the national low-interest loan to repay the tuition bridging funds in one go. To do this, as long as the borrower indicates the interest-first-payment-later service when applying, that is, go to lirong.com to apply for a student loan in the form of interest-first, principal-pay later before enrolling. The best application period is 6 months. National student loans applied in September will generally not be approved until February of the following year. In this case, MBA freshmen do not need to worry about the high tuition fees that need to be paid in one go. Complete your studies with ease with student loans.

Excuse me: What happened to the company's bank loan replacement?

Substitution means changing to a bank loan. As long as the loan is not repaid, the interest will of course continue to be paid. What about the interest? To pay, you have to ask the bank where you are currently lending money

What do write-off loans and replacement loans mean?

Replacement loans mainly refer to replacement personal housing loans, which are currently mainly used in Commercial housing loans are loans issued by banks to borrowers who have paid in full when purchasing commercial housing to replace their non-loan debt for the previous purchase of a commercial housing and set a mortgage on the housing.

Loan write-off is the abbreviation of "bad loan write-off". It is a system in which banks write off bad debt loans or loan losses in accordance with regulations.

According to the relevant provisions of the Ministry of Finance's "Interim Provisions on the Establishment of Loan Bad Debt Provisions by National Specialized Banks": Bad debt loans with an amount of less than 50,000 yuan each shall be reviewed and approved by local banks in conjunction with the central financial institutions at the same level. , Bad debt loans with an amount of more than 50,000 yuan and less than 100,000 yuan shall be reviewed and approved by provincial banks in conjunction with the central financial agencies at the same level;

Bad loan amounts of more than 100,000 yuan shall be approved by each The head office of a specialized bank shall review and approve the application based on the opinions of lower-level banks and provincial central financial institutions, and report it to the Ministry of Finance for filing. In the specific implementation, the approval amount has been adjusted.

Extended information

Not every bad loan can be written off, it must meet certain conditions. The central government has strict legal procedures for loan write-off. It must be a non-performing loan that has been determined to have no possibility of recovery or reduction after various efforts and has become a bad debt.

The write-off of bad debts is written off using profits, so it will reduce the bank's income for the year. However, the China Banking Regulatory Bureau generally has non-performing loan ratio index requirements for banks, so each bank must consider profits comprehensively. and bad indicators to decide whether to write off.

Under the policy, bad records are not allowed to be eliminated. The only way to eliminate them is to appeal through the Credit Information Center of the People's Bank of China. If verified, they can be eliminated.