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.

What should I do when the bank loan expires?

The bank loan is due, but you can try to apply for an extension.

After the user applies for an extension, the bank will review the user. Only after passing the examination will the bank agree to the extension. If it fails to pass the audit, the user must repay according to the original repayment plan.

For users, only users with good credit qualifications can successfully apply for extension. In addition, some loans do not support extension applications. Users can consult the bank before applying for extension to find out whether the loan can be extended.

Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.

Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.

How long is the bank in loans overdue?

If there is a grace period for bank loans, if there is no repayment within the grace period, the grace period is generally 1-3 days, so the first day after the grace period is overdue. If the bank loan has no grace period, it will be overdue on the first day after repayment. Bank loans overdue will produce overdue records and overdue interest, which will directly lead to poor personal credit information.

Poor personal credit information of customers will make it impossible to apply for other loans. Please pay attention to repayment to the bank on time. If you are not careful, loans overdue needs to solve loans overdue as soon as possible.

Can I renew the bank loan when the loan term is up?

The loan bank applies for loan renewal. When the last loan expires, the customer can apply for loan renewal. If the lending bank is not compatible with loan renewal, and the last loan expires, the customer cannot apply for loan renewal, but for consumers, they can apply for a new loan again. Therefore, whether the loan bank can renew the loan mainly depends on the requirements of financial institutions (banks).

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 repaid in advance?

Bank loans can repay part of the loans in advance. When signing a loan contract, if it is mentioned in the contract, users are allowed to repay in advance, and users can repay in advance. If the user is not allowed to repay in advance, the user can only repay on time as agreed, unless the situation is extremely special.

In fact, the user's prepayment is a breach of contract. Generally speaking, they need to pay liquidated damages, but after meeting certain conditions, they need to repay in advance, and sometimes they don't need to pay liquidated damages.

Reminder: No matter what loans banks issue, they are all connected with the central bank's credit investigation. Therefore, the lender will definitely go to the credit information system when applying for a loan. Therefore, the lender needs to repay the loan on time, and there will be no overdue records.

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 the extension of secured loan, mortgage loan or pledged loan, the guarantor, mortgagor and pledger 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 renew the loan when it expires?

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. unsecured loan:

Unsecured loan, as its name implies, 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. Pledged loan

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.