If the bank loan expires, can I apply for an extension?

1. If the bank loan is due, can I apply for an extension?

You can apply

2. When the bank loan expires, can I apply for an extension? What is the specific operation process?

Generally speaking, no. You can borrow money to pay it off first. Then re-apply for a loan and go through the relevant procedures. The loan will be repaid as soon as it arrives.

Otherwise, there will be no credit record in the bank's credit record, which will have a great impact on the later re-application.

Can I apply for an extension when the bank loan is due? What is the specific operation process?

When the lender fails to repay the loan as agreed in the contract, it should take the initiative to contact the loan bank to apply for loan extension. If the bank determines that the lender has temporary difficulties during the loan period, which leads to the failure to repay the loan principal on schedule and meets the conditions stipulated in the extension period, it can extend the loan. The conditions to be met for loan extension are as follows: whether to extend the loan is decided by the lender, but the guarantor, mortgagor and pledger need to issue written consent certificates. If there is an agreement, it shall be implemented according to the agreement; The loan extension period shall not be lower than the original loan conditions. The extension of short-term loans shall not exceed the original loan term; The extension of medium-term loans shall not exceed half of the original loan term; The longest extension of long-term loans shall not exceed 3 years; The lender's extension application needs to be true, and there shall be no malicious non-repayment. Note: Extension Time of Personal Loans In the Interim Measures for the Management of Personal Loans issued by CBRC on February 20 10, it is stipulated that the cumulative extension period of short-term loans (with a term of less than one year, including one year) shall not exceed the original loan term; The extension period of medium-term loans (more than one year, less than five years, including five years) shall not exceed half of the original loan period; The cumulative extension period of long-term loans (more than five years) shall not exceed three years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date. Loan extension needs to be applied more than 30 working days in advance.

4. Can I apply for an extension when the loan in the bank expires?

Bank loan deferred loan is a way to obtain funds. Nowadays, many people apply for loans from banks when they go out. However, applying for bank loans needs to meet the loan conditions, and some loans still need collateral. Therefore, you need to apply for loan products according to your actual situation. The bank loan is due, but you can try to apply for an extension. After the user applies for an extension, the bank will review the user. Only after passing the examination will the bank agree to the extension. If it fails to pass the examination, the user must repay according to the original repayment plan. For users, only users with good credit qualifications can successfully apply for extension. In addition, some loans do not support extension applications. Users can consult the bank before applying for extension to find out whether the loan can be extended. Extended data:

First, how long will the bank stay in loans overdue? If the bank loan has a grace period, it will not be overdue if it is not repaid within the grace period. The grace period is generally 1-3 days, so the first day after the grace period is overdue. If there is no grace period for bank loans, the first day after repayment will be overdue. Bank loans overdue will produce overdue records and overdue interest, which will directly lead to poor personal credit information. Poor personal credit information of customers will make it impossible to apply for other loans, so please pay attention to repay the loans to the bank on time. If you are not careful, loans overdue needs to settle the loan from loans overdue as soon as possible. If the lending bank applies for loan renewal, the last loan expires and the customer can apply for loan renewal. If the lending bank is not compatible with the loan renewal, the last loan will expire, and customers can't apply for loan renewal, but consumers can apply for a new loan again. Therefore, whether the lending bank can renew the loan mainly depends on the requirements of financial institutions (banks). Different banks have different rules. If users are allowed to renew their loans, they can submit an application for renewal before the loan expires. After the loan renewal application is approved, the repayment period will be extended. Third, can bank loans be repaid in advance? Bank loans can be repaid in advance. When signing a loan contract, if the contract content is mentioned, users are allowed to repay in advance, and users can repay in advance. If the user is not allowed to repay in advance, the user can only repay on time as agreed, unless the situation is extremely special. In fact, users' prepayment is a breach of contract. Generally speaking, they need to pay liquidated damages, but after meeting certain conditions, they need to repay in advance, and sometimes they don't need to pay liquidated damages. Tip: No matter what loans banks issue, they are all related to the credit information of the central bank. Therefore, the lender will definitely go to the credit information system when applying for a loan. Therefore, it is necessary for the lender to repay the loan on time, and there will be no overdue records.