Blue Ocean Bank is not allowed to prepay.

Blue Ocean Bank refused to repay the loan in advance mainly for the following reasons.

1. Let's take a look at how the original installment agreement was agreed, whether there is a clause about prepayment, and if so, what are its conditions.

The bank agrees that it is best to write a written agreement to clarify the new rights and obligations of both parties.

3. When signing a new repayment agreement, pay attention to other clauses to see if there are additional conditions, so as not to increase your obligation burden.