If the credit loan is repaid in advance after 1 year, the corresponding handling fee will be refunded, but 3% of the prepayment amount will be charged as penalty.

Credit loan refers to a loan issued on the credit of the borrower, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China.