The repayment methods of personal loans generally include interest before principal, equal principal repayment, equal principal repayment, equal progressive repayment, equal progressive repayment and full repayment. The borrower shall pay the loan principal and interest in accordance with the loan contract.

legal ground

Article 667 of the Civil Code is a loan contract in which the borrower borrows money from the lender, returns the loan at maturity and pays interest. Interim Measures for the Administration of Personal Loans Article 39 With the consent of the lender, personal loans may be extended. For personal loans within one year (inclusive), the cumulative extension period shall not exceed the original loan period; For personal loans of more than one year, the cumulative extension period and the original loan period shall not exceed the maximum loan period stipulated by the loan variety. Article 40 The lender shall recover the loan principal and interest in accordance with the loan contract. For loans that are not repaid in accordance with the loan contract, the lender shall take measures such as collection or agreement restructuring.