According to relevant regulations, the cumulative extension period of short-term loans (within one year, including one year) shall not exceed the original loan period; The extension period of medium-term loans (more than one year, less than five years, including five years) shall not exceed half of the original loan period; The cumulative extension period of long-term loans (more than five years) shall not exceed three years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application is not approved, the loan will be credited to the overdue loan account from the day after the maturity date. Loan extension. Customers who can't repay the loan on time should apply to the bank for loan extension before the loan expires. When applying for the extension of secured loan, it shall also issue a written certificate that the loan guarantor agrees to extend the loan and continue to guarantee it. 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. 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.

2. How many times can a long-term loan be extended?

There has always been no limit to the number of loan extensions, but there is a time limit. In order to rectify Internet finance, the Notice on Standardizing and Rectifying "Cash Loans" issued in February 20 17 particularly emphasized that the number of extensions of a loan should not exceed two times. The cumulative extension period of short-term loans (within one year, including one year) shall not exceed the original loan period; The extension period of medium-term loans (more than one year, less than five years, including five years) shall not exceed half of the original loan period; The cumulative extension period of long-term loans (more than five years) shall not exceed three years. Unless otherwise stipulated by the state. It should be noted that if the borrower fails to apply for extension or the application is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date. Loan extension, that is, customers who can't repay on time should apply to the operating bank for loan extension before the loan maturity date. When applying for extension of secured loan, it shall also issue a written confirmation that the loan guarantor agrees to extend the loan and continue to guarantee it. Guarantor, mortgagor and pledger must produce approval documents when applying for mortgage loan extension and mortgage loan. Under normal circumstances, if the lender encounters temporary difficulties during the loan period, resulting in the inability to repay the loan principal on schedule, and meets the requirements for extension, it will apply to the loan bank for extension 30 working days in advance. The borrower shall apply to the bank for extension or extension in advance. Ordinary loans are not civil liabilities. As long as they are not financial, they will not go to jail. If the borrower fails to repay the bank loan on time, the banking institution will take the following measures: 1. The bank will call the borrower to collect debts. 2. If the borrower still fails to repay the debt after debt collection, there will be a certain penalty interest and a bad credit record for himself. 3. If the borrower still fails to repay the loan, the bank will send relevant staff to collect it in person. 4. If the borrower fails to repay the loan until the end, the bank will take legal measures to safeguard its own rights and interests. If the borrower applies for a mortgage loan, the collateral will be auctioned, and then the proceeds from the auction will be used to repay the loan.

Three, the loan extension can be extended for many times, no more than two times.

According to the regulations of China Banking Regulatory Commission, a loan cannot be extended for more than two times. In fact, each loan can only be extended once at most. It also stipulates the extension time, which shall not exceed half of the original loan term. If the loan term is 1 year, the extension of the loan application can be extended by up to 6 months. The above is the relevant content of how many times the loan can be extended.

What do you mean by loan extension?

Loan extension refers to the behavior that the borrower delays the repayment of the loan after applying to the loan bank and obtaining permission. If the company is really unable to repay the loan on time after the loan expires, it can clearly apply to the lending institution, explain the reasons, and go through the extension formalities after verification and consent by the bank, which can extend the repayment time. However, there are certain requirements for loan extension. Generally, you need to apply to the loan bank for extension 30 working days in advance, and there are certain restrictions on extension. The extension of short-term loans cannot exceed the original loan term. The extension period of late loans cannot exceed half of the original loan period, and the extension period of long-term loans cannot exceed 3 years at most.

The difference between loan extension and loan extension

1. Loan extension and loan extension are essentially different, and loan extension and loan extension are different loan commodities. Extension refers to extending the service life of the loan with the approval of the bank, and renewal refers to making another loan with the borrower's reputation and corresponding guarantee measures;

2. Bank loan extension is unable to repay. Bank loan extension is divided into first repayment and non-repayment. Bank loan extension is poor management, and bank loan extension is the normal operation of borrowers;

3. The loan amount of bank loan extension is different from that of bank loan extension. The renewal amount is not limited by the original loan amount, and the extension amount of the bank loan cannot exceed the original loan amount, but can only be lower than the original loan amount;

4. The loan term of bank loan extension is different from that of bank loan extension. There is a clear deadline for the extension of bank loans, but there is no limit to the extension of bank loans.

This article mainly writes that the loan extension can show some related knowledge points several times, and the content is for reference only.

4. How many times can medium and long-term loans be extended?

Whether the loan is extended or not is decided by the lender. Where the secured loan is mortgaged or extended, the guarantor, mortgagor and pledger shall also issue a written consent certificate. If there is an agreement, it shall be implemented in accordance with the agreement. The cumulative extension period of short-term loans (within one year, including one year) shall not exceed the original loan period; The extension period of medium-term loans (more than one year, less than five years, including five years) shall not exceed half of the original loan period; The cumulative extension period of long-term loans (more than five years) shall not exceed three years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application is not approved, the loan will be credited to the overdue loan account from the day after the maturity date.