36 periods are 36 months, which means 3 years. Generally speaking, loans from banks and financial institutions are based on expectations. 1 installment means 1 month. The length of the loan period is related to the loan principal and repayment interest. The longer the loan term, the more interest you need to pay. Therefore, borrowers need to choose the loan term according to their repayment ability.

What are the precautions for loans?

1. Banks or financial institutions have various loan products, such as housing mortgage loans, personal consumption loans and auto loans. Different types of loans have different requirements for borrowers, so when applying for loans, borrowers need to choose the loan products with the highest matching degree according to their actual situation.

2. When applying for a loan, the borrower needs to prepare relevant materials in advance according to the requirements of banks or financial institutions, such as identity cards and work certificates. The materials provided must be true and effective. If false materials are provided, the loan approval will be affected.

When applying for a loan, you should pay attention to the amount, interest rate, term and repayment method of the loan. The borrower can choose the appropriate amount, term and repayment method according to his actual situation, so as not to cause too much economic pressure on himself and avoid overdue.