After the provident fund loan resigns, if the provident fund account has enough money to continue repayment, when the account has no money, individuals need to deposit enough cash for repayment, because now the provident fund can be associated with a bank card. It must be noted that there is no grace period for provident fund loans, and repayment must be made on time, otherwise it will be overdue, affecting subsequent lending, and serious loans will be included in the credit list. Maintaining good credit at ordinary times helps us to apply for a loan.
Precautions for repayment of provident fund 1. Choose the appropriate loan method.
It can help borrowers save a lot of interest, so be sure to pay attention. The monthly repayment method does not have much repayment pressure, but during the whole repayment period, the interest paid by the borrower has not decreased, so it is more suitable for people who want to reduce the monthly repayment pressure. Repaying the loan year by year can not reduce the monthly repayment pressure of the borrower, but it can reduce the expenditure of loan interest and speed up the repayment.
2. Change the repayment method of provident fund.
If the borrower feels that the current repayment method is not suitable for him, then don't force it. The borrower may apply to the loan bank to change the repayment method. The borrower needs to submit an application and fill in the power of attorney to withdraw the housing provident fund and return the housing loan.
3. Don't prepay the loan in the first year.
According to the relevant provisions of provident fund loans, the borrower must apply for early repayment, provided that the loan time has reached one year and the amount of early repayment must be more than six months.
How to deduct the monthly contribution of provident fund? If a customer applies for housing provident fund hedging loan repayment business and chooses to repay on a monthly basis, the banking system will automatically deduct the corresponding amount from his housing provident fund account on each mortgage repayment date to repay the principal and interest due in the current month. If the balance in the housing provident fund account is not enough, it will continue to be deducted from the repayment bank card bound by the customer.
Of course, in addition to monthly repayment, the provident fund can also choose to repay annually. Different from the monthly deduction of the corresponding amount from the provident fund account for repayment, the annual deduction is to deduct the balance of the provident fund account once a year to offset the principal payable. After offset, the monthly repayment amount is recalculated, and subsequent customers can repay in installments on time. Remember to recharge the repayment bank card in time, and the system will automatically deduct money from the card.