During the epidemic period, with the consent of the lending institution, the date of repayment of the loan may be postponed. If the parties are unable to repay the loan, they may apply to the lending institution for extension. With the consent of the lending institution, it can be extended. If not, the borrower still needs to repay within the agreed time limit.

legal ground

Article 675 of the Civil Code

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 676

If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.

Article 677

If the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated according to the actual loan period.

Article 678

The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.