It depends on how you signed the contract at that time. The term of the contract and the term of your loan are two concepts. For example, you signed a two-year contract, but your loan was only borrowed for one year, so you can get it back after one year, because it is within the contract period, so there is no need to go through the formalities again. If you pay back the money and ask the credit department to issue you a new loan receipt, you can apply for a loan. If the validity period of your credit line and your loan period are both 1 year, then the loan procedure will be re-handled, but it is not very troublesome. After all, the speed of renewing loans is very fast. As long as you repay the loan on time last time, it will be approved soon this time (as the saying goes, it is easy to borrow again, but not difficult to borrow again).