In the decades-long repayment career, it has become an important mission of house slaves to repay the loan on time every month. Not afraid of 10 thousand, just afraid of one thousand. Unexpected failure to repay on time within the specified time, what should I do if it is overdue? Don't be nervous. I'll tell you what to do if the provident fund is overdue.
In the decades-long repayment career, it has become an important mission of house slaves to repay the loan on time every month. Not afraid of 10 thousand, just afraid of one thousand. What should I do if I accidentally fail to repay the loan on time within the specified time? Don't be nervous. I'll tell you what to do in case the provident fund repays.
First, the consequences of provident fund loans
1. If the provident fund loan applicant fails to fulfill the repayment obligation every month as stipulated in the provident fund loan contract, the provident fund management center may charge default interest on part of the mortgage of the loan applicant according to relevant regulations.
2. If the provident fund loan applicant is still unable to repay the loan after repeated collection, the provident fund management center may apply for mortgage or pledge of the provident fund loan applicant.
3. The records of provident fund loan applicants and their spouses will be reported by the provident fund management center to the personal credit information center. At the same time, its loan guarantor will also need to bear certain legal joint liability.
Second, how to repay the loan for provident fund?
1, normal repayment
The Lender entrusts the loan bank to withhold and remit the loan principal and interest by means of savings card, passbook, etc.
When the lender entrusts the loan bank to withhold the monthly repayment of the loan principal and interest through the savings card and passbook, it should also entrust the provident fund center and the loan bank to withdraw the housing provident fund (including supplementary housing provident fund and monthly housing subsidy) of himself and his spouse every month after the monthly repayment of the loan principal and interest, and transfer it to the bank savings account of the lender's housing provident fund card as the withholding fund for repayment of the loan principal and interest next month.
2. Advance payment
The prepayment of the provident fund part of provident fund loans and portfolio loans shall be handled by the district/county management department of the provident fund center. The prepayment of the mortgage part of the portfolio loan shall be handled at the loan bank outlets.
Employees who have applied for individual housing provident fund loans and whose loans are not settled at present may apply to the district and county management departments of the provident fund center to directly use the balance of their own and their spouses' housing provident fund accounts to repay the provident fund loans in advance.
3. What should I do if the provident fund is repaid?
1. Repay in free repayment mode,
When the borrower repays at the repayment time agreed in the contract, he can first inquire about the amount and time of his next repayment from the service center. If the borrower repays the loan according to the regulations on the next repayment date, the loan will no longer be available.
When the borrower repays the loan on a non-contractual repayment date, he must go through the formalities at the window of the department that handles the loan business with the original and photocopy of the borrower's ID card. The borrower is only allowed to apply for repayment at the counter once at the time not agreed in the contract, and set the next repayment date (the application should be made within seven working days of repayment).
2. If it is a loan with average capital or equal principal and interest repayment.
For example, if the repaid loan is still deducted from the repayment account, there is no need to make an appointment to repay the loan.
For example, if there is no repayment on the agreed repayment date, the service center will send the loan data to the bank every week, asking the bank to deduct the loan amount from the funds in the repayment account.
For example, if the borrower repays the loan on the repayment date stipulated in the contract, the service center will inform the bank of the total amount of deduction and the amount to be repaid on the working day before the repayment date stipulated in the contract.
What will happen to provident fund in loans overdue?
According to the relevant provisions of the housing provident fund management, if the borrower fails to repay the loan principal and interest on a monthly basis as agreed in the contract, the unpaid part shall be deemed as overdue, and the overdue part shall be charged with overdue interest according to the relevant provisions of the People's Bank of China. If the borrower fails to pay off the principal and interest of the loan three months after the final repayment period of the loan contract, the borrower fails to pay off the principal and interest of the loan for six consecutive months during the repayment period, the borrower dies, disappears or emigrates before the termination of the loan contract, and the legal heir of the borrower refuses to pay off the principal and interest of the loan or is unable to pay off the principal and interest of the loan, the loan bank has the right to deal with the collateral or pledge jointly with the relevant departments according to the contract. "Regulations on the Administration of Housing Provident Fund" Article 27 An applicant applying for a housing provident fund loan shall provide a guarantee.
Provident Fund loans overdue, will the bank recover the loan in advance?
There are always many unsatisfactory things in life, and there are also many people who are unable to repay their mortgages because of excessive economic pressure after setbacks.
Then, if the mortgage cannot be repaid on time because of economic problems, what will happen if it is overdue?
If the lender is a mortgage with a housing provident fund loan, will the bank recover the loan in advance?
First, the consequences of provident fund loans overdue
1. If the provident fund loan applicant fails to fulfill the repayment obligation every month as stipulated in the provident fund loan contract, the provident fund management center may charge penalty interest for the overdue part of the loan applicant according to relevant regulations.
2. If the provident fund loan applicant is still unable to repay the loan after repeated collection, the provident fund management center may apply for mortgage or pledge of the provident fund loan applicant.
3. The overdue records of the provident fund loan applicants and their spouses will be reported to the personal credit information center by the provident fund management center.
At the same time, its loan guarantor will also need to bear certain legal joint liability.
Second, what will lead to the early recovery of loans?
1. The provident fund loan applicant failed to deposit the provident fund loan as required.
2. The provident fund loan applicant sells, transfers, presents or repeats the mortgaged property or pledge without the consent of the provident fund management center and the entrusted bank.
3. In case of the property mortgaged by the provident fund loan applicant, the provident fund loan applicant fails to notify the provident fund management center in time, or goes through the repayment procedures or re-implements the guarantee method.
4. The provident fund loan applicant failed to repay the housing provident fund loan in full and on time for 3 consecutive months or accumulated 6 times.
5, the provident fund loan applicant refuses or obstructs the provident fund management center to supervise and inspect the provident fund loan.
6. The provident fund loan applicant signed a contract or agreement with others without informing the provident fund, which is detrimental to the rights and interests of the provident fund management center.
7. The guarantor of the provident fund loan loses the guarantee ability.
8. The collateral of the provident fund loan applicant is not enough to pay off the mortgage due to damage.
Finally, I suggest that if the housing provident fund loan cannot be repaid in time because of excessive economic pressure, we might as well report it to the provident fund management center first and negotiate a repayment method acceptable to everyone to solve the immediate crisis.
How to deal with overdue repayment of housing provident fund
Overdue repayment of housing provident fund needs to apply to the loan bank for overdue repayment one month in advance, and bring ID card, property certificate, loan contract and overdue repayment application form to the loan bank for overdue repayment at the time agreed with the bank.
legal ground
Article 32 of the general principles of loans
The borrower shall repay the loan principal and interest in full and on time in accordance with the provisions of the loan contract. The lender shall issue a notice of repayment of principal and interest to the borrower before the short-term loan expires 1 week and the medium-and long-term loan expires 1 month; The borrower shall prepare funds in time and repay the principal and interest on schedule. The lender shall promptly issue a notice of overdue loan collection, and do a good job of overdue loan principal and interest collection. Lenders charge interest on loans that cannot be repaid within the time limit stipulated in the loan contract; If the principal and interest cannot be repaid or cannot be executed, it should be urged to repay or repay according to law. The borrower shall negotiate with the lender when repaying the loan in advance.