The main difference is that one is after surgery and the other is before surgery

Then Ping An has Ping An Bank and Ping An Puhui, and the specific methods and processes of the two are also somewhat different

For banks, conventional exemptions and exemptions used to be because there was no personalized repayment. You had to provide some supporting documents such as proof of hardship before applying for a loan to apply for some loans that the bank itself had exemptions and exemptions before the loan

Personalization This is the current debt reduction regulation, which is a credit card or online loan. If the debt is overdue and is unable to be repaid according to the original agreement, and if you are willing to repay, you must negotiate with the platform to reach an agreement. The negotiated deal will be an interest-free or interest-reduced second installment, while the online loan will usually be postponed.

Only Ping An Bank has certain items for this kind of regular reduction and exemption. Personalized reduction and exemption. Ping An Bank does not talk about principal reduction, but talks about interest reduction, which is based on the debt, with a maximum of 60 periods. .

Ping An Puhui’s personalized reduction and exemption will include principal reduction. But it is also based on the amount you have repaid before. This is considered an inside story. I will expose it. One of the pitfalls of online loans is that when you apply for it, it shows that the interest rate is not high, and some are lower than the four major banks. . But the various additional miscellaneous items, such as insurance premiums and installment fees, can only be understood by those who have used them. Calculated, they are higher than the principal and interest, which is ridiculous. So when he sees that you have repaid more than his default limit, he will still make money by reducing your principal, so someone can apply for this part, and I have contacted many people who have already applied. Then everyone knows about his own reputation, and he launched this to boost his reputation. If you fall into this category, you need to weigh it up. ?

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