Depending on the loan channel, the repayment method will also be different. There are the following repayment methods: Equal principal and interest repayment method: The monthly repayment method is the same. There is interest and principal in the monthly payment, and the monthly repayment is the same. The equal principal repayment method: Compared with the equal principal and interest repayment method, it requires more repayment. The monthly payment includes interest and principal, and the monthly repayments are decreasing. Interest first, principal repayment method: Only interest is repaid every month, and the principal is returned upon maturity. Return of principal with interest upon maturity method: No monthly repayments after the loan is made, and the principal will be returned with interest after maturity. Borrow and repay as you go: After the bank releases the loan, the interest will be recorded as much as you use it.

Loan conditions: 1. The applicant is a natural person and has full capacity for civil conduct. 2. The borrower has a household registration or right of residence in an urban area and needs to have legal status. 3. Have a stable career, high income, good credit, and the ability to repay the principal and interest of the loan. 4. Some banks will require applicants to have a good credit record when applying for a bank credit card or applying for a bank loan.

5. Some assets are also required to provide bank-approved collateral or pledges, or have units or individuals that meet the prescribed conditions and compensation capabilities as guarantees to repay the principal and interest of the loan and assume joint and several liability.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds according to certain interest rates and must be returned. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts.