Bank loans can be applied for deferred repayment. The explanation is as follows:

If the bank determines that the lender has temporary difficulties during the loan period, which leads to the failure to repay the loan principal on schedule and meets the conditions stipulated in the extension period, it can extend the loan.

The loan extension shall meet the following conditions:

Whether to extend the loan is decided by the lender, but the guarantor, mortgagor and pledger need to issue written consent certificates. If there is an agreement, it shall be implemented in accordance with the agreement;

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 of medium-term loans shall not exceed half of the original loan term; The longest extension of long-term loans shall not exceed 3 years;

The lender's extension application needs to be true, and there shall be no malicious non-repayment.

Extended content:

Overdue repayment:

Generally speaking, every bank will charge a certain interest for overdue repayment, which is different from each bank, and is generally five ten thousandths of interest.

However, the starting date of interest should be calculated from the date of consumption, not from the day after the last repayment date.

It is suggested that if the credit limit is not reached, the minimum repayment amount can be paid first without affecting the credit limit.

At the same time, there will be a buffer period, so that the bank can know the flow of funds in your account in time and will not freeze the account.

When the credit card (credit card) holder chooses the minimum repayment method or uses the credit card beyond the credit limit approved by the issuing bank.

If you no longer enjoy the interest-free repayment period, you should pay the overdraft interest calculated at the specified interest rate from the bank bookkeeping date.