1, different interpretations: extension is to postpone or extend the scheduled date or period; The time or date of the exhibition. To postpone is to extend or postpone time.

2. Different time: When applying for loan extension, a written certificate that the loan guarantor agrees to the loan extension and continues to guarantee should also be issued. The loan extension period shall not be lower than the original loan conditions. The extension of short-term loans shall not exceed the original loan term;

The extension period shall not exceed half of the original loan term, and the longest extension period of long-term loans shall not exceed 3 years. If the customer fails to apply for extension or the extension application is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date.

3. Different guarantees: During the performance of the original contract, if the borrower fails to repay the loan on schedule according to the original repayment plan, he may apply to the loan bank in writing to extend the loan period. After the loan bank agrees, he will sign an individual housing loan deferred repayment agreement and go through the relevant formalities, and the guarantor will sign an deferred repayment agreement.

Baidu encyclopedia-loan extension

Baidu Encyclopedia-Extension