When a borrowed student transfers to another school, how should his or her legacy loans in the original school be dealt with? The introduction is as follows:

When a borrowed student transfers, studies abroad, drops out, etc. and stops studying during his studies, , the school must notify the lending bank in writing within 5 working days. After receiving the notice from the school, the bank stopped disbursing loans and took measures such as recovering the principal and interest of the loan in advance. Loan default or non-repayment is no small matter, and the credit reporting system will affect your future credit future.

First of all, if you are in a more developed city. The credit reporting system will use its positioning system, that is, when you handle some personal credit business (such as debit card, salary card, credit card), your personal information will be automatically left and automatically matched. The bank will call you to collect money.

Secondly, those who have bad loan credit such as overdue loan payments or non-payment of loans will encounter various troubles in the future credit business process. For example, you cannot apply for a personal credit card, apply for various loans again, etc.

If the borrower cannot repay the loan, the guarantor must repay the loan. In this case, if there is no objection after passing the court judgment, the guarantor must repay the loan. , then you now have to find a way to get it returned. If there is no other way, you may apply to the bank to cancel your guarantee qualification.

Think twice before you act!

As for the unresolved issue, a little additional information: In principle, banks will take measures to recover principal and interest in advance. But in real life, the management and repayment of student loans has always been a problem. Every year, tens of millions of student loans are outstanding across the country. So what you have to do is negotiate with the school leaders and the bank to apply for a loan extension; and devote yourself to work to try to repay the loan as soon as possible.