Loan aging refers to the time that the borrower continues to repay the loan from the date of loan issuance, also known as loan history. The loan aging is one of the important indicators to evaluate the borrower's credit status, which reflects the borrower's past repayment record and credit history. Therefore, for loan applicants, the longer the loan period, the more it can reflect their repayment ability and credit level, which is helpful to apply for a higher loan.

The loan aging is also one of the credit evaluation criteria for borrowers by banks, financial institutions and other lending institutions. When considering whether to grant loans to borrowers, banks should not only consider borrowers' willingness and ability to repay loans, but also comprehensively consider borrowers' loan age. Because the longer the loan time, the stronger the repayment ability and the better the credit, so it is easier to obtain the trust and loan qualification of the bank.

For lenders, there are many ways to improve the loan aging, such as increasing the repayment amount and repayment period, stabilizing the source of funds and trying not to default. Increasing the loan aging will not only help to apply for a higher loan amount, but also improve the credit rating and credit record score. In addition, a sustained and healthy repayment record and a long loan aging can also provide lenders with more high-quality financial services, such as low-interest loans and credit cards.