Whether the loan can be renewed depends on whether the bank loan supports it. When the last loan expires, users can apply for renewal. If the bank loan does not support the continuous loan, and the last loan expires, the user can not apply for renewal, but can apply for a new loan. Approval depends on the bank's evaluation of your loan.

Definition of individual housing loan:

Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest. The loan object is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to buy ordinary houses for their own use, have a house purchase contract or agreement, have the ability to repay the principal and interest, have good credit, and have a down payment of 30% of the funds needed for house purchase and a loan guarantee recognized by the bank.

Definition of overdue loans:

Loans overdue usually refers to the phenomenon that after the loan expires, the borrower fails to repay the principal and interest of the loan to the bank that issued the loan according to the loan term agreed in the loan contract, and fails to go through the relevant extension or lending procedures, resulting in the loan exceeding the agreed term.

The types of loans are as follows:

1、:

As the name implies, it is a loan that does not need mortgage or guarantee.

2. Mortgage loan

It is a kind of loan that can only be carried out by providing collateral. The borrower must repay the loan on time within the loan period, otherwise the lending institution has the right to deal with the collateral as compensation.

3、

It mainly refers to obtaining loans from lending institutions with movable property as security, such as bank drafts, bank acceptance drafts, checks, promissory notes, deposit slips, treasury bills, stocks, etc.

4. Guaranteed loan

It is a kind of secured loan, which refers to a loan issued by a third party under the agreed guarantee mode, with the promise that the borrower will bear the general guarantee responsibility or joint liability as agreed when the loan cannot be repaid. As a guarantor, it can be an individual or an enterprise subject.

5. Risk loan

At present, the most common are college students' entrepreneurial loans and veterans' entrepreneurial loans.

The bank loan is due. Can I apply for an extension?

Legal analysis: If the bank loan is not paid, you can apply for an extension. If something happens and you are temporarily unable to repay, the applicant needs to take the initiative to contact the bank, explain the specific reasons, and then show the willingness to repay voluntarily before applying for an extension. The bank will decide whether to postpone it according to the situation.

Legal basis: Article 12 of the General Principles of Loans stipulates that if the loan cannot be repaid on schedule, the borrower shall apply to the lender for extension before the loan expires. Whether the extension is decided by the lender. When applying for secured loan, mortgage loan or extension, the guarantor, mortgagor and pledgor shall also issue a written certificate agreeing to the extension. If there is an agreement, it shall be implemented in accordance with the agreement.

The cumulative extension period of short-term loans shall not exceed the original loan period; The cumulative extension period of medium-term loans shall not exceed half of the original loan period; The cumulative extension period of long-term loans shall not exceed 3 years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application for extension is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date.

Can I borrow the loan again if I haven't paid it back?

The loan has not been repaid. As long as there is no overdue record and the conditions for refinancing are met, users can apply for a loan again. As for whether the second loan can pass the audit, this is subject to the final audit result. Generally speaking, you can pass the loan review before. As long as the credit qualification conditions have not changed much, the probability of applying for a loan again is relatively high.

In addition, if the loan has not been repaid, please apply for a loan within the repayment period, and be careful not to generate overdue records.

The consequences of not repaying the mortgage on time are as follows:

Credit history will leave a "stain"

No matter what kind of loan, as long as the borrower has overdue records, it will generally be reflected in the credit report and will have an impact on the borrower's next loan.

Generate penalty interest

For borrowers who fail to repay the mortgage on time, the bank will impose penalty interest on them, and will gradually increase the penalty interest with the extension of overdue time.

The property was auctioned off.

If the borrower is overdue for many times and remains indifferent despite repeated reminders from the bank, the bank will freeze the mortgaged house and auction the house in accordance with relevant regulations, and the proceeds will be used to repay the loan principal and interest first. If the proceeds are not enough to repay the principal and interest of the loan, the bank will take other measures to collect it until all the loans are recovered.

Reasons for loan failure

"Lack of qualification" is the most beautiful excuse for banks.

Many people who apply for loans are rejected will feel that "happiness is always so full and reality is always so backbone". In fact, there are many reasons for loan failure. It may be that the bank credit specialist doesn't know the industry of the loan applicant, it may be that the bank's credit line is full when applying for a loan, or it may be that the loan application amount is too small for the loan officer to do. But no matter the loan fails, the answer you get is often: insufficient personal qualifications, unqualified collateral, unsecured and other reasons. Therefore, don't think that the rejection of the loan application is a "tragedy". Many times, you will find several different banks to apply, or even apply for several times, often with different results.

There is no loan here, but there is a loan office.

Applying for a loan is actually the same as volunteering for the college entrance examination. Just because a school fails doesn't mean that all schools have closed their doors to you. In the same way, the failure of bank loan does not mean that the bank has closed the door to you, because a bank has many branches, and this one refuses you, not necessarily other branches will refuse you; Just because one bank rejects you doesn't mean that other banks will reject you. One financial institution rejects you, and other financial institutions may accept you.

Find out the real reason for the loan failure.

According to statistics, a small and medium-sized enterprise can only succeed in financing if it contacts more than 10 banks on average. What individuals should pay attention to when applying for a loan is that if many banks point out the same problem that your loan was rejected, then this may be the real reason for your loan failure. You need to make up for it in time and gain trust in future contact with banks.

When my bank loan expires, can I renew it?

If the bank loan continues to lend, then the last loan expires and the user can apply for renewal. However, if the bank loan does not support the continuous loan, and the last loan expires, the user cannot apply for renewal of the loan, but for the user, he can apply for a new loan again. Therefore, whether a bank loan can be renewed depends mainly on the bank's regulations.

Different banks have different rules. If the user is allowed to renew the loan, he can submit a renewal application before the loan expires. After the loan renewal application is approved, the repayment period will be extended.

Can the bank loan be extended when it expires?

I can't. The analysis is as follows:

1. If you need to renew a bank loan, you need to pay back the money before you can renew it, but only if you pay off the loan first.

If it is about to expire, but you can't afford it, you can apply for an extension (extension), which can generally be extended for 6 months.

Extended data

1. Working capital loans can be divided into:

(a) temporary working capital loans, the term of which is within 3 months (inclusive), are mainly used for the temporary capital demand of one-time purchase of enterprises and to make up for the shortage of other payment funds;

② Short-term liquidity loans with a term of 3 months to 1 year (excluding 3 months, including 1 year) are mainly used for the liquidity needs of normal production and operation of enterprises;

(3) Medium-term working capital loans, with a term of 65,438+0 to 3 years (excluding 65,438+0 years, including 3 years), are mainly used to meet the capital needs of enterprises for normal production and operation.

2. Compared with the original loan, the renewal loan mainly has the following characteristics: First, the object of renewal loan is old customers; Second, the loan information is basically the same, that is, the basic situation and reputation of the loan customer, the basic situation of the project, the purpose of the loan and the guarantee have not changed much; Third, the loan risk is relatively small.