When the lender finds that he has insufficient liquidity and is unable to repay the current loan bill, he should take the initiative to contact the bank before the repayment date comes.

Inform the bank of its current predicament, and then go to the relevant institutions to handle the "proof of economic difficulties" related materials.

Then contact the bank, issue your own proof of financial difficulties, and negotiate repayment with the bank.

Under normal circumstances, as long as the lender's financial difficulties prove to be legally effective, the bank also recognizes them. In most cases, banks will agree to extend the repayment period and lower the loan interest rate.