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What does it mean to get interest first and then pay the principal, 5 years of credit extension, but 3 years but no principal?

It means to repay the interest first and then the principal. Interest first, then principal, 5-year credit extension, and 3-year credit extension means repaying interest first and then repaying principal. This repayment method will not cause any pressure on people in the early stage. 5-year credit actually means that the credit provided by the loan is valid for only five years. During these five years, customers can apply for loans within the limit.