Current location - Loan Platform Complete Network - Loan consultation - Can the deputy lender of ABC repay the loan?
Can the deputy lender of ABC repay the loan?
The deputy lender of ABC can repay the loan. If the primary lender does not repay the secondary lender, it can repay the loan. In fact, there is no restriction on who can repay the loan, as long as the money is deposited in the bank card, regardless of the legal source. When the first-tier lenders can't afford the mortgage, the second-tier lenders should repay the loan. If they don't, it will affect their credit information.

What's the difference between a primary lender and a secondary lender?

The principal lender is the main target of the loan handling bank's audit, and the secondary lender will also be audited, but the requirements are usually lower than those of the principal lender. Therefore, when making a loan, the party with good and stable income, strong repayment ability and good comprehensive credit conditions is generally regarded as the main lender. Of course, this does not mean that subprime lenders are unimportant. If the sub-prime lender's credit is bad, such as the recent bad credit record in the credit report, it will still affect the approval of the loan, which is likely to lead to the rejection of the loan application.