Both borrowers and borrowers shall collect or pay interest on schedule in accordance with the loan contract and the relevant interest-bearing provisions of the People's Bank of China. When the loan extension period plus the original term reaches the new interest rate grade, it will be charged at the new term grade interest rate from the date of extension. Penalty interest is charged for overdue loans according to regulations.
Extended data:
Precautions:
When applying for a loan amount, we must be moderate and fully consider the financial situation and financial habits of individuals and families. Usually, the monthly repayment amount should not exceed 50% of the total family income.
Keep a good credit record. Once the credit record is bad, it will directly affect the operability of the loan and even be rejected by the bank.
Provide real personal information to the bank when lending, cultivate a good sense of integrity from the beginning, and never provide false information, otherwise it may be blacklisted by the bank and rejected by all banks; Notify the bank in time when personal information changes.
Loan applicants should have a stable source of income and have the willingness and ability to repay. Office workers should provide proof of unit salary, bank running water and so on. , and companies or self-employed individuals should provide information on their operating conditions, and provide bank running water, physical assets (such as real estate) and financial assets (such as bank deposit certificates and government bonds).
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