2. According to the Notice on Further Strengthening Financial Support for the Prevention and Control of Pneumonia in COVID-19, financial institutions should appropriately tilt the credit policy, flexibly adjust the repayment arrangements of personal credit such as housing mortgage and credit card, and reasonably postpone the repayment period for those who are hospitalized or isolated due to new pneumonia, need to be isolated for observation due to epidemic prevention and control, and temporarily lose their sources of income due to the epidemic.

Extended data:

Is it because the epidemic did not repay the loan in time?

The Notice on Further Strengthening the Financial Support for Prevention and Control in novel coronavirus City clearly stipulates that it is necessary to reasonably adjust the overdue credit records submitted, and adjust the personnel who are hospitalized or isolated due to new pneumonia, need to be isolated for observation due to epidemic prevention and control, participate in epidemic prevention and control, and fail to repay in time due to the impact of the epidemic. Upon confirmation by the access institution, the relevant overdue loans can be submitted without overdue records.

Individuals and enterprises that temporarily lose their sources of income due to the epidemic can submit credit records according to the adjusted repayment arrangements.

This means that the above-mentioned personnel who are overdue due to inconvenient repayment during the epidemic period will not be included in the credit record.