After the loan is written off, the bank can ask the court to continue the execution of the borrower. As a creditor, as long as the bank has made at least two collections within three years, it has the right to ask the court to continue to execute the borrower.

Loan write-offs are generally carried out internally by the bank, which does not mean that the bank agrees to write off the debt with the borrower.

For the borrower, this account becomes a bad debt and will remain on the credit report forever. If it is not dealt with, it will affect the credit record.

Loan repayment method:

Equal principal and interest repayment: that is, the sum of the loan principal and interest is repaid in equal monthly installments. Housing provident fund loans and commercial personal housing loans from most banks adopt this method. In this way, the monthly repayment amount is the same;

Equal principal repayment: that is, the borrower will evenly distribute the loan amount to repay each period (month) during the entire repayment period, and at the same time pay off the previous period. A repayment method for loan interest from the transaction date to the current repayment date. In this way, the monthly repayment amount decreases month by month;

Monthly payment of interest and principal repayment on maturity: that is, the borrower repays the loan principal in one lump sum on the loan maturity date [with a period of less than one year (inclusive) One year) loan is applicable], the loan accrues interest on a daily basis, and the interest is returned monthly;

Repay part of the loan in advance: that is, the borrower applies to the bank to repay part of the loan amount in advance, the general amount is 10,000 Or an integral multiple of 10,000. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period have changed, but the repayment method remains unchanged, and the new repayment period It shall not exceed the original loan period

Repay the entire loan in advance: that is, the borrower applies to the bank to repay the entire loan amount in advance. After repayment, the lending bank will terminate the borrower's loan and handle the corresponding cancellation. formalities.

Borrow and repay at any time: Interest is calculated on a daily basis after borrowing, and one day is used to calculate the interest. You can settle the payment in one lump sum at any time without penalty.

Although the central bank has issued a benchmark interest rate, the interest rates of all banks will rise above the benchmark interest rate. The specific rise is different for each bank. Therefore, to obtain the lowest bank loan interest rate, you must "loan with three banks" and then choose the bank with the lowest interest rate.

Bank loan interest rates are calculated by computer based on personal credit, income, work and other information. When other circumstances cannot be changed, we can only maintain a good credit and try our best to Pay off your credit cards on time to avoid overdue payments.

Loan period: The validity period of the mortgage line is up to 5 years. The expiration date of the pledge line shall not exceed the expiry date of the pledge rights, and the maximum period shall not exceed 5 years. The validity period of the credit line and guarantee line is 2 years. Year. The validity period of the credit limit is calculated from the effective date of the loan contract. If the borrower applies for more than two types of pledge lines, mortgage lines, guarantee lines or credit lines at the same time,