1. After confirming the renewal of the loan, the user needs to submit the personal credit survey and recent running water to the risk control department again, and sign the customer contract after approval.

2. The Borrower and the Lender sign relevant loan extension agreements and go through relevant notarization procedures.

3. After the loan agreement is signed, you need to go to the relevant departments for mortgage.

4. After the current lender obtains other warrants, it will pay the loan amount to the previous lender.

5. The borrower shall cancel the mortgage relationship with the original lender and handle the mortgage cancellation procedures.

6. After the above operations are completed, the company's risk control certificate department will hand over the information to the financial department to complete the loan renewal.

What does it mean to renew the loan?

Renewing loans refers to the continued use of credit and corresponding secured loans for previous bank loans. The objects of loan renewal are basically former users, and the basic situation, reputation and loan purpose of borrowing users have not changed much.