What should I do after the subsidy expires? Will not repay the subsidy affect the mortgage? The first thing to do when the subsidy expires is to pay off debts, including fines. The 20th of each month is the overdue repayment date of subsidies. The borrower can remit the loan interest and the penalty payable to Alipay account in advance to avoid the subsidy expiration. The overdue amount and details can be found in the student online service system. If the borrower does not default on the loan maliciously, he can explain the reasons to the bank and issue a certificate. After the borrower fails to repay, he must repay on time and make repayment records.

When applying for housing loans, lending institutions have certain requirements on the borrower's debt status in order to ensure repayment ability. Then, if the subsidy is not paid off, will it affect the application for housing loans?

Will unpaid subsidies affect housing loans?

1. If the subsidy is not repaid or expires during the repayment process, the applicant's employment situation will definitely be affected and may be listed as a black account by the bank. In this case, the application for housing loans will definitely be affected. It is still difficult to borrow money because personal credit is tainted.