Legal subjectivity:

There are two main ways to repay provident fund loans. One is the one-time repayment method, that is, the housing provident fund is withdrawn once a year and the loan principal is returned in one go. It is equivalent to repaying the loan in advance once a year, saving interest expenses and reducing future monthly repayments. The other is the monthly repayment method, that is, the housing provident fund is withdrawn every month to repay the principal and interest of the loan for that month. Reduce the borrower’s monthly cash outlay and relieve financial pressure on cash flow. Legal objectivity:

Article 25 of the "Regulations of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" If the lender requests the borrower to pay interest according to the interest rate agreed in the contract, the People's Court shall support it. However, this is excepted if the interest rate agreed upon by both parties exceeds four times the one-year loan market quote rate at the time the contract is established. The "one-year loan market quoted interest rate" referred to in the preceding paragraph refers to the one-year loan market quoted interest rate published monthly by the National Interbank Funding Center authorized by the People's Bank of China since August 20, 2019.