Hello, Xinjinbao is a credit card loan product of CITIC Bank. Loan term 1 year, with a maximum of 3 years. The repayment method is to repay the average capital and the equivalent handling fee every month. In the past, the new Jinbao was not allowed to repay in advance.

Now CITIC Bank allows Xinjinbao to repay in advance, but the borrower has to pay liquidated damages for prepayment.

Xin Jinbao can only repay in advance once, not many times, and the borrower needs to pay off the remaining principal in one lump sum. New Jinbao's monthly handling fee is charged according to the borrower's total amount * monthly installment interest rate, and repayment is made in advance. CITIC Bank will no longer charge the handling fee for the remaining term, and will charge a penalty of 3% of the remaining principal for early repayment.

Whether the specific quota can be restored, we still have to call for advice.