Pay off the due loan first, and then prepare the information in advance to apply for loan renewal. The loan principal and interest have not been settled, so the loan renewal business cannot be carried out. In order to better reduce the application process, you can communicate with the bank in advance and approve the loan materials afterwards. The above is how to renew the bank loan when it expires.

What about loans overdue?

1. Pay off the loan immediately: When you notice that the bank credit borrowed by an individual is loans overdue, you need to pay off the loan immediately first. If it is settled within the loan repayment buffer period, it will generally not affect the personal credit record;

2. Actively communicate with relevant staff: after all overdue loans are settled, the lender should actively communicate with the staff of the lending institution to explain the overdue loans and the reasons for overdue, and explain that it is unintentional overdue and request leniency;

3. Cultivate good habits: If the bad personal credit record cannot be deleted, the lender must use the personal credit loan again and repay it on time. Generally, after five years, personal credit can be automatically updated.

This article is mainly about how to extend the bank loan when it expires. The content is for reference only.