Direct bank debit

What does CCB mean by recovering the principal and interest of the loan?

CCB's recovery of loan principal and interest means that after users borrow from CCB, CCB will deduct the corresponding loan principal and interest according to the loan contract. If the user does not apply for a loan from CCB, but receives such a short message, he can contact CCB directly and ask the customer service staff to check whether the mobile phone number is entered incorrectly.

It's just a phone number entered incorrectly. After CCB makes corrections, users will not receive any debit messages, but it usually takes several working days to process them.

How to recover the accounting entries of loan principal and interest?

1. When granting loans:

Borrow: loan principal

Loan: absorbing deposits

2. When confirming interest income by stages:

Borrow: interest receivable

Loan: interest income

3. When the interest is actually received and deposited in the same transaction:

Borrow: interbank deposits

Loan: interest receivable

4. When the principal is recovered:

Borrow: absorb deposits

Loan: loan principal

Note: Interest income in the current period of principal recovery is treated according to the above steps 2 and 3, which are omitted here.

How to write the accounting entry of loan principal and interest payment?

Get a loan,

Debit: bank deposit

Loans: short-term loans (long-term loans)

Accumulated interest

Debit: financial expenses-interest

Loan: interest payable

Interest payment

Borrow: interest payable

Loans: bank deposits

Repay the loan when it is due,

Borrow: short-term loan (long-term loan)

Loans: bank deposits

The above are all accounting entries compiled by several beans to recover the principal and interest of loans. I don't know if you know all the information. I hope you can learn something from this article.

If a loan bank automatically deducts interest, why is there interest?

There is a reason why it is beneficial for a lending bank to automatically deduct profits:

1. Settle on time and deduct loan interest. For example, for loans with regular interest settlement, the interest settlement period can be 1 month or 3 months, or it can be other reasonable values agreed in the contract.

2. Related to wealth management products. Loans are related to wealth management products, resulting in profits after automatic deduction.

Why do I have to wait for the next day every time I receive a loan deduction text message?

Because the bank deducted money too late on the first day, I sent a text message to inform the customer again the next day.

1. Receiving the short message of failed deduction means that the time for timely repayment has been missed, because the sending of the short message will lag behind the time of deduction. Bank liquidation takes some time, usually at night. If the deduction fails, you will receive a text message the next day, so it is estimated that your monthly repayment date is the 9th. Therefore, your deposit on the night of 10 is actually overdue 1 day, and the deposit on that night should be settled on the same day, which may also be the reason for the delay of SMS, which led you to mistakenly think that the next day will be deducted. Deduction on the same day, deduction on the next day, except paying a little extra penalty interest, makes no difference to personal credit information, and it is recorded as "1" times within one month overdue.

Second, in fact, according to the loan contract, there is a corresponding timely repayment clause, and the appeal is estimated to be difficult to succeed. Loans generally have no grace period, and this business is different from credit cards, so it is better for you to remember the repayment date at ordinary times and then deposit the funds into the deduction account earlier. Another is that it is not very important for an individual to be recorded once overdue in the credit report. As long as the accumulated overdue times within 24 months do not exceed the limit set by the local bank, you can continue to handle the loan business in the future.

Third, most banks' credit information systems are equipped with automatic deduction function. After the loan principal or interest expires, the borrower's repayment account has money, and the system will automatically deduct the money. If the money is not enough, the deduction will be deducted until the balance is 0. When the loan principal or interest is recorded again, the system will automatically continue to deduct the money until the loan principal or interest is deducted enough. Some banks have set up a system to automatically deduct money once. If the buckle is not enough, it will not be deducted automatically, but manually. This is likely to happen to the subject, and the bank can't be blamed. This is how many banks deduct the automatic repayment of credit cards. Once the repayment is late, you must take the initiative to repay or consult customer service.

If the automatic repayment amount of the credit card is not enough, the system will not automatically deduct the money from the automatic repayment account, but the cardholder needs to take the initiative to repay, that is, manually transfer the money to the credit card account through the counter, online banking or ATM, until the short message of successful repayment in full is received, which is regarded as the completion of the repayment process. One day's delay in repayment is considered overdue. Loans are not as time-tolerant as credit cards. As long as the loan is late, it will be recorded in the personal credit report because it is really not cost-effective to record a black account with this little interest and one day. Remember, remember!

When does ABC usually deduct loans?

Overdue deduction means that there is no deduction on the normal agreed deduction date, and then if there is money in the account, it will be automatically deducted as overdue deduction. For example, you have to deduct 1 000 yuan every month on1date. If you have 1 000 yuan in your card on the date of1,the deduction of 1000 yuan will be displayed instead of overdue deduction. If there is not so much money in the card the next day or the day after, it will be enough.