1. The loan balance refers to the total loan that the borrower has not returned at a certain point. After completing the loan, the borrower needs to repay it on time, and there can be no overdue situation, because overdue repayment will result in penalty interest, after which the bank will collect it, and if it fails to repay it for a long time, it will be prosecuted, and it must be returned after the subsequent court decision, otherwise it will be enforced.

2. In order to ensure that the loan can be repaid on time, users can choose the repayment method and repayment period suitable for them when handling the loan. Common repayment periods are average capital and equal principal and interest. On the premise of the same loan conditions, the total interest of equal principal and interest repayment is higher than the average capital.

3. The loan handled by the user can be returned in advance, which can save interest expenses. However, it is best to know how much interest has been saved when returning it in advance. In the case of little interest savings, users had better not return it in advance, and they can use this money to manage their finances and make up for the loss of interest expenses.