The monthly mortgage card of Agricultural Bank of China is not enough. Will Cary's money be deducted first?

If the monthly mortgage and card of ABC are not enough, ABC will deduct the money from the loan repayment card first. If you don't pay in time next month, your credit will become a problem.

If there is no money in the mortgage card, or the money is not enough for the month, the bank will not remind you, only the deduction will fail.

Suggestions on repayment of mortgage loan:

(1) In case of unexpected circumstances, resulting in delayed repayment, please contact the bank in time to explain the situation;

(2) Complete the repayment in time, pay the late payment fee and penalty interest, and notify the bank to deduct the money again after the deposit;

③ In order to avoid this situation from happening again, it is suggested to deposit enough repayment funds in the bank card several days in advance for repayment.

If the balance of your account is not enough to deduct the mortgage of the current month, ABC will not deduct the part from the deduction account. For example, if your monthly mortgage is 3,000 yuan and your account balance is 2,000 yuan, the Agricultural Bank of China will not deduct it that month.

Generally, if you are in arrears with the first installment, ABC may send a text message to remind you to repay in time. If you are in arrears with the second installment, the Agricultural Bank of China may call you for a reminder, which will also have a negative impact on your credit information, so try not to overdue the repayment. Too many times will also have a certain impact.

What are the ways to repay the loan in advance?

1. Full prepayment. Buyers pay off all the remaining loans in one lump sum, but the interest paid is not refundable and the remaining interest can be exempted.

2. Partial prepayment, the monthly repayment amount of the remaining loans remains unchanged, and the repayment period is shortened, which can save more interest.

3. Partial prepayment, the monthly repayment amount of the remaining loans is reduced, and the repayment period remains unchanged. This way can reduce the monthly payment burden, but there is no second repayment method to save money.

4. Partial prepayment will reduce the monthly repayment amount of the remaining loans, shorten the repayment period and save more interest.

5. The total principal of the remaining loans remains unchanged, but the repayment period is shortened. This way will increase the monthly payment burden, but it can reduce some interest, but compared with other repayment methods, it is slightly uneconomical.

Bian Xiao suggested that if buyers want to repay in advance, they can reduce the principal as much as possible and shorten the loan period, which can make the interest on the expenditure less.