Borrowing new loans to repay old ones, also known as "repaying loans with loans", "repossession" and "reverse loans", refers to the behavior that banks, credit cooperatives and other financial institutions issue new loans for borrowers to repay or partially repay after the old loans expire.

The operation mode of "borrowing the new and returning the old" is beneficial for commercial banks to revitalize non-performing loans, overcome the legal restrictions of litigation, and may require borrowers to improve or strengthen guarantees and weaken the risk of spot loans. However, to some extent, it also covers up the real situation of credit asset quality, delays the exposure time of credit risk, and precipitates and accumulates credit risk. At the same time, there are still considerable legal risks in the handling procedures of new loans.