Don't be naive to think that people can get rid of it when they die, and you don't have to pay back the money you borrowed from the bank. This is undoubtedly a daydream. I can tell you clearly that as long as you borrow money from the bank, no matter how much, even if the borrower dies, the bank will have various ways to get it back.

As we all know, if you want to apply for a large loan in a bank, you must meet the loan conditions stipulated by the bank, and the bank's requirements for large loans are very strict.

As long as the lender fails to meet certain conditions, the bank will not lend easily. The reason why it is so strict is to prevent the borrower from being unable to repay the loan.

If you want to apply for a large bank loan, you must prepare relevant materials according to the regulations of the bank, such as ID card, household registration book, utilities, work permit, bank salary, tax payment certificate, social security payment certificate, etc.

The most important thing is to have collateral with corresponding value as collateral, such as certificates of deposit, real estate, shops, luxury cars, stocks, funds and so on. Only when these materials are fully prepared can you apply for a large loan.

Because of the large loan amount, if you want to succeed, you can only choose to apply for mortgage or secured loan. If you choose to apply for a credit loan, even if the bank approves it, the loan amount is very limited.

Therefore, people who can apply for large loans are basically things with corresponding value as collateral. With collateral, banks will have confidence and will not worry about your inability to repay. At most, they will auction off your collateral to pay off your debts.

Then a man borrowed 8 million from the bank before he died. What will the bank do after he dies?

We should be clear that 8 million yuan is definitely not a small loan, and it can be borrowed from the bank to 8 million yuan, which also shows that the borrower has strong economic strength and has items of corresponding value as collateral.

Even if the borrower dies, the bank will not worry that no one will repay the loan. They will first find the borrower's relatives and property heirs to negotiate repayment. If the negotiation can be settled, everyone will be happy. If negotiation fails, the bank will apply to the court to freeze all the property under the name of the deceased loan.

Then auction the borrower's collateral, and if the value can repay the bank loan, its property will be thawed; If the value of collateral shrinks, it is not enough to repay the bank loan, then the bank will ask the court to continue auctioning the property under the name of the deceased until the bank loan is paid off.

So, don't be naive to think that as long as you can get money from the bank, the borrower doesn't have to pay it back when he dies. Banks are also profit-oriented enterprises, not charitable organizations. Even if the borrower dies, he has to pay back the money.

Of course, if the borrower doesn't leave any legacy, it doesn't have to be repaid, and the children are not obliged to repay it for him.

Finally, the bank, as a profit-making institution, can lend you money. There must be something to rely on. It can outrun monks, but it can't outrun temples. Even if the borrower dies, he has to pay the bill. This is no joke, otherwise the bank would have closed down long ago, so let's give up the idea of paying off debts.