hypothecated loan can repay the loan in advance. Hypothecated loan refers to a kind of credit business in which the borrower obtains a certain amount of loan from the loan bank with the unexpired personal time deposit certificate issued by the loan bank as the pledge and repays the principal and interest of the loan regularly. That's what hypothecated loan can repay in advance. What should I do if the deposit pledge loan expires?

If the deposit pledge loan expires, the user can negotiate with the bank to repay the loan. If the negotiation is successful, the loan can be repaid according to the negotiation agreement. If the negotiated repayment is unsuccessful, the user needs to settle the overdue loan as soon as possible, otherwise the bank has the right to dispose of the user's savings to repay the remaining outstanding loan. Because the certificate of deposit has already been pledged to the bank and the user does not pay back the money, the certificate of deposit can be used for repayment. Deposit pledge loan is a kind of mortgage loan, because it has collateral, so the risk of bank lending is relatively small. Even if the user is overdue, the bank can handle the deposit slip to reduce losses. What are the uses of personal pledge loans?

For the purposes of personal pledge loans, banks require borrowers to use the loans to purchase houses, vehicles, large durable goods, home decoration, education grants, etc., as well as capital requirements for normal operations. Like most loans, normally applied loan assets are not allowed to be used in investments such as stocks and securities. In addition, it should be noted that the purpose of buying a house with a pledge loan line still depends on the regulations of the bank. Many banks also have strict management on buying a house loan, and can only use special-purpose housing loans. Pledged loans are essentially mortgage loans, and most banks may not be able to use this loan line to buy a house. After all, there is a big difference in interest rates between pledge loans and personal residential loans. When using the bank to distribute loans, it must be used according to the regulations, and there should be no fluky psychology. Being controlled by bank risks will affect the credit rating of users in the bank. This article mainly focuses on the knowledge points about whether hypothecated loan can repay in advance, and the content is for reference only.