Li Zhe's loan expires after one year, and it can't be renewed in the second year.

You can't get the loan in the second year after the one-year loan expires, probably because your last loan was not paid off within the overdue period, because you have to pay it back immediately, otherwise you will have no credibility, and then you can't get the loan if you borrow again. It may also be because the bank's loan regulations have changed. You can consult the bank staff for relevant information.

First, the application process of Zhejiang loan

Many people will choose to borrow on the loan platform because of insufficient capital turnover. For example, the application process for a loan in Li Zhe is relatively simple. Just open the login and register Harvest Internet APP, enter the home page of the platform, and click Financing. Then you can select products, select the loan varieties corresponding to Li Zhe Loan in the loan business list, and then sign a comprehensive authorization letter for credit inquiry. At this time, the platform will review whether your credit information is good. If your credit is not good, it may be difficult to get a loan. Then you can enter customer information, fill in customer basic information and loan application information, and you can't fill in the wrong information, because if you fill in the wrong information, the platform will think you are false information, which is a big taboo. After approval, the contract can be signed and the contract information can be confirmed online. Then you can click, I want to borrow money, and I can generate an iou to complete the loan. But it must be paid off within the time limit.

2. What should I do in loans overdue, Li Zhe?

Most loan platforms will report to the credit information system after the deadline, and so will loans in Zhejiang. However, if it is only a few days overdue, it will not be reported, and you can re-apply for a loan. If you don't repay the loan all the time, there may be penalty interest, the platform will also collect calls and text messages, and your credit history will be stained. If you want to borrow money in the future, you can't borrow it. If it is serious, it may be sued to the court, the property may be mortgaged, and it may be sentenced to fixed-term imprisonment of less than three years or a fine.

To sum up, if you want to borrow money, you'd better go to the formal platform to borrow money, because the loan interest on the formal platform is relatively low, and it may rise. If you don't go to the informal platform, you may be violently collected, which will affect the safety of personal life and property. Be sure to pay off the loan, or your credit record will be affected.