If it is caused by the epidemic, you can apply for an extension. In the Notice on Further Strengthening Financial Support to Prevent and Control novel coronavirus Epidemic, the relevant state departments clearly stipulate that financial institutions are required to appropriately tilt their credit policies, flexibly adjust the repayment arrangements of personal credit such as housing mortgage and credit card, and reasonably postpone the repayment period. During the epidemic, due to inconvenience,
Banks may require financial institutions to appropriately tilt their credit policies, flexibly adjust personal credit repayment arrangements such as housing mortgages and credit cards, and reasonably postpone the repayment period for those who are hospitalized or isolated due to new pneumonia, those who need to be isolated for observation due to epidemic prevention and control, those who participate in epidemic prevention and control, and those who temporarily lose their livelihood due to the epidemic. Personal business guarantee loans infected with new pneumonia can be extended for one year.
Legal basis: Article 24 of the Working Capital Loan Measures of the People's Construction Bank of China (Trial), if the borrower fails to repay the loan on schedule due to special reasons, he shall submit a written application to the Construction Bank for loan extension fifteen days in advance, and the Construction Bank may decide whether to extend the loan according to the situation; If the loan extension is approved after examination, an extension repayment agreement shall be signed. If the original loan is a guaranteed loan, mortgage loan or pledge loan, the guarantor, mortgagor and pledger shall issue a written certificate (or renew the corresponding contract) agreeing to the extension. Extend the deadline once.
If the borrower's written application for loan extension is not approved, the borrower shall repay the loan on schedule.
When the extended loan expires, the borrower shall repay the loan on schedule.