Legal analysis: if the loan is not paid off in time after the agreed time limit, it shall be repaid as much as possible after being urged by the creditor, and the owed loan shall be paid off together. If it is unable to repay, the borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.

Article 678 The borrower may apply to the lender for extension before the repayment period expires. If the lender agrees, it can be extended.