The month on book is MOB (month on book).

Examples of months after loan disbursement:

MOB0: from the loan date to the end of the month.

MOB1: The second full month after the loan is issued.

MOB2: The third full month after the loan is issued.

Extended information:

There is neither repayment nor card cancellation for monthly bills. However, if you do not repay the loan all the time, there will be an overdue payment every month, which means that you will have a bad credit record once a month.

When you do not repay for many months in a row, you will be sued by the bank and found guilty of malicious arrears, and your credit record will be even worse. As the amount of arrears continues to increase, the final punishment will be The heavier.

Escape means that the cardholder disappears by changing his address, mobile phone and other contact information, so that the bank cannot contact him. You must know that credit cards are all processed in real names. Once you "run away", the bank will determine that you have malicious overdrafts and arrears.

If you are indeed unable to repay on time due to unemployment, illness or other accidents, before the final repayment period arrives, you can proactively call the bank customer service center to state your financial situation. State that you do not want to owe money maliciously and apply for delayed repayment and interest discounts.

There may be a misconception that once a credit card is canceled, the bad credit report will also disappear! Unfortunately, your credit report cannot be written off.

Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. That is to say, bad credit records caused by overdue credit card repayments will be kept in the credit reporting system for two years.

If terminated with a card, the corresponding record will no longer be scrolled, but will be saved for a long time. So don’t cancel the card. If you want to eliminate bad records after repayment, you must maintain good card usage records for 2 years, so that the original overdue records can be written off by rolling over!