1. How does the repayment method affect your past due record?
Some people ask, "I've made my payments on time, but why do I still have a late record?" This is caused by the different repayment methods.
The borrower must transfer the current 免tu網上貸款過數repayment amount due to the contracted repayment account on the contracted date, manner and amount in order for the repayment to be considered successful. The most likely unintentional formation of overdue situations are the following, you should beware.
First, the intermediary repayment: you transferred the money to the intermediary on time and in full, but the intermediary did not transfer to the agreed account in time.
Second, inter-bank repayment: you transfer money to the contracted account through other banks, but the money is not remitted to the designated account on time because of the time lag in processing the inter-bank account, etc.
Third, multiple accounts in one line: you open multiple accounts in the designated banks of the lending institution and deposit money into the non-contractual account, but the cross-account automatic repayment function is not set.
2、Will early repayment affect your credit?
The answer is "probably." The lender will report the early repayment information to the credit system and show it in the "special transaction". In terms of contractual agreements, early repayment is a breach of contract and the lender may charge a penalty interest rate according to the contract.
In other words, early repayment does not necessarily mean strong repayment ability and good credit, and some lenders may consider it as negative information.
3、What is loan rollover?
You reach an agreement with the lender before the contracted final repayment date to postpone the repayment date and redefine the monthly repayment amount, this is a rollover.
4、Will a rollover have a negative impact on you?
Generally speaking, yes. The lender may think that a rollover means that there is some problem with your ability to repay the loan, and therefore it will have a negative impact.
However, a rollover can show your good will to repay the loan as opposed to being late. We would like to remind all borrowers to actively seek to enter into a rollover arrangement with their lender when they do have difficulty in repaying the loan.
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