Can Xiaomi Suixing Loan (formerly Xiaomi Loan) be repaid in advance?

Yes, you can enter the early repayment page through the following methods:

1. Home page of Sui Xing Borrowing App → Go to repayment → Repay in advance

2. Home page of Wallet App → Borrow with Star → Go to repay → Repay in advance

3. Home page of Tianxing Financial App → Borrow with Star → Go to repay → Repay in advance

You You can make early repayment at any time on the repayment date. Currently, Suixing Borrow supports repayment according to the amount or according to the contract.

Repay according to the amount: You can enter the amount you want to repay in advance for repayment;

Repay according to the contract: You can check the contract operation you want to settle Special circumstances of repayment. If you have cash loan and installment arrears at the same time, the order of repayment will be credited first to the cash loan contract and then to the installment contract. The details will be subject to the prompts on the repayment interface.

Warm reminder: It supports repayment of all loans at one time. You can check all the contracts to be repaid, click the button for total repayment xx yuan at the bottom of the page to repay, or click the button to enter other amounts and enter your Repay the current total amount owed. Can I repay my credit card in advance?

I can repay my credit card in advance. Credit card repayment methods are:

1. At the card issuing bank. This method includes: card issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day.

2. Transfer/remittance for repayment. It is mainly divided into two methods: inter-bank transfer in the same city and inter-bank transfer in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.

3. Online repayment. The more common online platforms in China include: UnionPay Online, Kuaiqian, Shengpay, Alipay, Tenpay, etc. Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different. :

Credit Card Notes - Repayment Due Date

The repayment due date is also called the final repayment date. If the user does not repay the full amount before the repayment due date, If you do not choose the minimum payment amount of your credit card to repay, you may face the following penalties:

1. All consumption payments will no longer enjoy the interest-free repayment treatment. The bank will issue a refund starting from the day when the consumption occurs. The consumption amount is the principal and interest is calculated on a daily basis. The daily interest is 5/10,000 and the compound interest is calculated on a monthly basis;

2. Receive a reminder call and letter from the bank;

3. Freeze your account and feed your debt record to the People's Bank of China to record it in your credit file, which will affect your personal credit;

If there is indeed not enough money on the due date of repayment If you want to repay in full, please choose the minimum repayment amount on your credit card. In this way, you only need to repay 10% of the total fee in each installment. In this way, although there is no interest-free repayment period, your personal credit will be avoided.

Why is it taboo to pay off your credit card early?

1. High handling fees

Only users who repay in full and on time can win the favor of banks. Regardless of whether it is early repayment or late repayment, in the eyes of most banks These are all breaches of contract and require payment of liquidated damages to the bank. Of course, the previously agreed handling fee still needs to be charged, so when cardholders choose to repay early, they need to pay an additional fee to the bank.

2. Credit card has been reduced

Banks approve credit cards for cardholders in order to stimulate consumption and bring more income to themselves. If they always repay in advance, they will It will make banks question customers' consumption needs. Therefore, in order to avoid wasting resources, banks generally take measures to reduce the credit limit, which will have a negative impact on future credit card limit increases.

3. Affect future loan application or card application results

Whether it is a loan or a credit card, the purpose of the lending institution is to stimulate users to use it. However, if the user only uses it temporarily , and then make repayments, unable to maximize the benefits of the credit card.

Then, when faced with such users submitting loan or credit card applications again, lending institutions will generally take rejection measures. Can credit card repayments be paid in advance? There is no charge for repayment

Credit card repayments are a topic that every cardholder is very concerned about. It is related to their own interests and cannot be taken lightly. If you use a credit card for overdraft consumption, you can enjoy a certain interest-free period, as long as the cardholder does not need to pay additional fees when the final payment is made to pay off the bill in full. If the cardholder has sufficient funds, can the credit card repayment be paid in advance? Of course it is possible.

1. Credit card repayments can be paid in advance. Under normal circumstances, cardholders only need to ensure that they pay off their credit card bills before the end of the final payment date, so that they can enjoy the longest interest-free period of their credit cards. , if you have plenty of money, you can also carry out other financial management behaviors appropriately. In order to avoid the risk of credit card overdue, some cardholders will choose to repay in advance. Whether before or after the credit card is debited, cardholders can repay in advance without any handling fees. If you repay your credit card in advance, you can choose to repay it partially or in full. When the repayment arrives, the credit card limit will be restored.

2. Multiple ways of repaying credit cards. In order to facilitate customers to repay on time, various banks provide a variety of repayment ways, such as bank branch counters, ATM machine repayments, online banking, and mobile banking APPs. , WeChat public account repayment. In addition, in addition to these official channels, there are also third-party repayment platforms, such as Alipay and WeChat Wallet. Can credit card repayments be paid in advance? The answer to you is yes. If you have the ability to repay in advance, it is absolutely possible. This can effectively avoid credit card overdue and maintain your personal credit score. Can loan repayment be paid off early?

It is possible to repay the loan to the bank in advance. Unless early repayment will harm the interests of the bank, the bank cannot refuse the borrower's early repayment. However, the borrower will bear the increased fees incurred by the bank due to early repayment of the loan.

Legal Basis

Article 530 of the Civil Code

A creditor may refuse the debtor to perform its debts in advance, except where early performance will not harm the interests of the creditor. .

The debtor shall bear the additional expenses incurred by the creditor if the debtor performs the debt in advance.

Article 675

The borrower shall repay the loan within the agreed time limit.

Article 677

If the borrower returns the loan in advance, interest shall be calculated based on the actual borrowing period, unless otherwise agreed by the parties.

Article 678

The borrower may apply to the lender for an extension before the expiration of the repayment period; if the lender agrees, the extension can be made.