1. Time difference: after the loan expires, the extension period of the two loans is different. The loan extension period cannot exceed the original term, the extension behavior cannot exceed half of the original term, and the long-term loan extension period cannot exceed three years at most;

2. Different functions: extension refers to the borrower's application for extending the repayment date by issuing relevant certificates according to relevant regulations, and extension refers to the behavior that the repayment fails to repay the principal and interest in time as agreed in the contract and fails to go through relevant procedures, thus exceeding the time limit agreed in the contract;

3. The duration of extension is different: the common extension relationship is short-lived, while the duration of extension is longer.

Application conditions for loan extension:

1. The repayment person or unit can issue various relevant certificates required by the bank;

2. There is no breach of contract during the contract period;

3. Individuals or enterprises are in good production and operation conditions and have the ability to repay on time;

4. The repayment person has no bad credit record;

5. Have a complete financial report;

6. Be able to produce business license and loan card, and pass the annual inspection in accordance with relevant regulations;

7. Meet other requirements of the Bank.

Second, loans.

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. The simple and popular understanding is to borrow money with interest.

Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

Third, the loan needs to pay attention to the problem

When applying for a loan for the first time, it is not appropriate to apply for the maximum loan amount. Try to apply for a part first; Fill in the loan information as completely as possible without false information; The phone number of the contact person must be carefully filled in, because the lending institution may call the phone number of the contact person for review; Keep your mobile phone open when applying for a loan.

There are many problems that need to be paid attention to in lending. Basically, as long as you fill in the complete personal information and meet the loan conditions, the probability of passing the loan review is relatively high.