1. If the borrower fails to pay off all the principal and interest of the loan within the specified repayment period, the lender shall collect the money from the borrower according to the loan contract and investigate its liability for breach of contract.

2. When the non-performing rate of small-sum secured loans of China Bank reaches 20%, the lender should stop issuing new loans, and only after the guarantee fund is paid off in subrogation to reduce the non-performing rate can the loan application be resumed.

(Answer time: August 8, 2023)

The above contents are for your reference. Please refer to the actual business regulations.

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