Why didn't China Development Bank repay the student loan?

The logical sequence of deduction in CDB prepayment is as follows:

1, overdue interest (if any);

2. Overdue principal and penalty interest (if any);

3. Pay interest monthly after applying for prepayment;

4. It is recommended to prepay the principal.

At the same time, due to the agreement in the student loan contract, a contract should be settled in advance. If the account amount is not enough to repay the principal after deducting the corresponding interest, the correspondent bank may not deduct the money, so the early repayment fails.

Unsuccessful prepayment will not affect students' personal credit, and will not generate additional interest, late fees and liquidated damages. It is suggested to deposit more money in the repayment process, strictly implement the system interest settlement limit in the bank deduction process, and not deduct any more, but insufficient payment may lead to the failure of early repayment.

In addition, if you are a student who repays with Alipay, you may encounter the situation that the system has deducted part of the principal, which is normal. Please pay attention to whether the corresponding loan items in the personal online system have been settled in time to prove the success of repayment.