Repayment by a licensed institution refers to repayment of loans by a licensed financial institution, which refers to a licensed financial institution approved by the national financial regulatory department. The licensed licenses of institutions are divided into banking license, trust license, financing lease license, third-party payment license, Public Offering of Fund license, fund subsidiary license, fund sales license, fund sales payment license, brokerage license, futures license, insurance license, financing lease license, pawn license, microfinance company license, Internet small loan company license, financing guarantee company license, consumer finance license, etc.

Repayment method:

1. After repayment by user loans overdue. The platform will collect money. The common collection method is to call the borrower. Will always urge users to return. It should be noted that. After loans overdue, it will be uploaded to the Credit Information Center by the platform. After individuals go bad in the west, it will affect the handling of various loans. Such as car loans or mortgage loans. After the loan with credit information is returned. This overdue record will also be kept in the credit report for 5 years. It will disappear automatically in five years. If you don't pay it back. This record will always be recorded in the credit report. In fact, users can borrow money from friends around them if they can't return it on time. Just give it back to them later.

2. Repayment by licensed institutions refers to some state-owned banks authorized by the People's Bank of China, as well as some joint-stock banks and public-private joint-venture banks. These banks are authorized by the People's Bank of China, and they can be guaranteed by their credit standing. Repayment by licensed institutions is a form. Of course, some local banks are also one of the main forms of state-owned banks.

3. It is not a loss to complete the Yi Jie collection (repayment by special agency) signing transaction with the bank with the amount of 1000000.

The bank sends a short message to the customer to inform the Yi Jie that the collection contract transaction is completed, that is, the bank pays the payment object on behalf of a bank customer. After receiving the text message, it means that the money has arrived, usually the money for reimbursement has arrived. Secondly, the bank's receipt and payment business refers to the business that commercial banks use their own settlement facilities to accept the entrustment of customers and designate funds for them.