Time that can be extended:
The specific time should be determined according to the negotiation results. The bank has no uniform regulations on the extension of time, which can be considered from the following situations:
65438+ Personal commercial guarantee loans infected with new pneumonia can be extended for one year.
2. Financial institutions shall reasonably adjust the submission of overdue credit records. For those who are hospitalized or isolated due to new pneumonia, need to be isolated due to epidemic prevention and control, and participate in epidemic prevention and control, if they fail to repay in time due to the impact of the epidemic, they may not submit relevant overdue loans as overdue records, and those that have been submitted shall be adjusted.
What is a loan?
1. Loan means that banks, credit cooperatives and other institutions lend funds to units or individuals who use money, and generally agree on interest and repayment date.
2. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Legal basis: Notice on Further Strengthening Financial Support for the Prevention and Control of novel coronavirus, and improving financial services in social and people's livelihood areas affected by the epidemic. For those hospitalized or isolated people with new pneumonia, those who need isolated observers for epidemic prevention and control, those who have temporarily lost their livelihood due to the epidemic, financial institutions should appropriately tilt their credit policies, flexibly adjust personal credit repayment arrangements such as housing mortgage and credit card, and reasonably postpone the repayment period. Personal business guarantee loans infected with new pneumonia can be extended for one year and continue to enjoy financial discount support. Financial institutions should give priority to customers infected with new pneumonia or damaged by the epidemic, appropriately expand the scope of responsibility and make full compensation.