For portfolio loans, provident fund loans are generally disbursed first. After the provident fund is disbursed, the bank's commercial loans will be disbursed.
It is precisely because the provident fund loans and commercial loans are not issued simultaneously, so after choosing a combination loan, there may be two repayment dates.
Lenders can check the loan progress on-site at the local provident fund center, or of course, on the WeChat official account of the provident fund center. Under normal circumstances, the time span of portfolio loans is relatively long, and it may take half a year or even more. For a long time, the lender needs to have a certain amount of patience and do not have anything that affects your credit report during the loan application period.
After applying for a portfolio loan, the lender can repay the loan in advance. You can choose to repay all the loans in advance. Of course, you can also repay the provident fund or commercial loan in advance. The lender can flexibly choose to repay the loan in advance according to its actual situation. Method of repayment.
Because the disbursement time of portfolio loans is not unified, the lender needs to keep in mind two repayment dates. If the repayment date is missed, it will cause overdue and affect personal credit. The loan contract may be terminated early by the lending institution.
If a borrower applies for loans too frequently or performs loan operations too frequently, it will increase personal credit risk. You can check the personal credit risk index on "Beijian Quick Check". The higher the risk score, the more likely the application is to be rejected.
Extended information:
How can I withdraw my provident fund in another place after I quit my job?
If you want to withdraw housing provident funds in another place after resigning, generally if employees who are not registered in this city do not continue to make contributions in another place after the labor relationship with the unit is terminated or terminated, the personal account must be sealed for half a year before the withdrawal can be processed ( Regulations may vary in different regions, please consult the local housing provident fund management center for details).
In accordance with the relevant regulations, employees who meet the requirements should bring their personal ID cards, proof of labor contract termination, household registration certificate and other relevant materials to the Housing Provident Fund Management Center to apply for withdrawal procedures. If the management center approves the review, the funds will naturally be transferred. Transfer funds into the employee's bank account.
Some areas also support online withdrawal, so employees can also choose to withdraw funds on the official website/APP of the housing provident fund. The center’s approval will generally issue results within 3 working days.
Of course, if an employee re-employs after resigning, the housing provident fund can be transferred to the centralized household for management, and then the off-site transfer procedures can be completed at the housing provident fund management center where the new unit is located.