As long as the repayment is not overdue, you can refinance.

Loan conditions of rural commercial banks: legal citizens with full capacity for civil conduct, the applicant is over 18 years old, and the loan maturity date is generally not over 65 years old.

Having a fixed residence or effective income in the town where the loan bank is located, having good credit and the ability to repay the principal and interest of the loan.

With a clear intention of consumption or signed an approved guarantee, the lending bank needs to

Second, credit loans can generally be borrowed for several years.

Credit loans are generally 1 to 3 years, and some can be loaned for 5 years. Personal credit loans refer to RMB loans issued by lenders to borrowers with good credit without providing any collateral. Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. Article 679 of the Civil Law states that a loan contract between natural persons is established when the lender provides a loan.

Third, how long can credit loans last?

Generally, it is equal principal and interest, which needs to be repaid before the monthly repayment date.

Tips: Use credit cards carefully and be careful to become a card slave.

4. Why can rural credit cooperatives only borrow for one year?

Not just one year, but three or five years. Those who meet the conditions of medium and long-term loans may apply for loans for more than one year.

And can sign the highest mortgage or guarantee contract with the rural credit cooperatives. Within the maximum amount, it can be used many times within three to five years, and there is no need to go through mortgage registration procedures many times.