Can you make a lump sum early repayment, and you can apply for early repayment several times

Hello, there are many ways to repay now, you can choose equal principal, equal principal and interest and other repayment methods, or you can repay in advance. For example, if you have money to spend, you can operate early repayment in the official app, and all the fees for early repayment will be displayed in the app, and the interest fee is transparent.

Youqianhua, formerly known as "Youqianhua", is a credit brand of Du Xiaoman Finance, which provides users with safe, convenient, unsecured and unsecured credit services

It has the characteristics of simple application, low interest rate and fast loan, flexible borrowing and repayment, transparent interest rate and strong security.

Share with you the application requirements for consumer products with money: it is mainly divided into two parts: age requirements and information requirements.

2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

This answer is provided by Youqianhua, due to objective reasons such as the timeliness of the content, if the content is inconsistent with the actual interest calculation method of the Qianhua product, it shall be displayed on the page of Du Xiaoman Financial APP-Youqianhua Loan. Hope this helps.

It is possible to repay a portion in advance. The main ways for banks to repay loans in advance: 1. If the borrower applies for a single personal housing commercial loan and a personal housing provident fund loan with the bank, the borrower can repay all the outstanding principal in advance at one time with the consent of the lending bank, and the principal will be repaid with interest.

The lender does not charge interest on the lead time, nor does it refund or reduce the interest on the loan that has been charged at the original contract rate. If the borrower applies for a personal housing portfolio loan from a bank, the borrower shall repay the personal housing provident fund loan in full in advance and maintain the personal housing commercial loan, and the borrower may apply to the bank that originally handled the portfolio loan, and the lending bank shall handle the repayment procedures for the provident fund loan on behalf of the borrower; Commercial loans for individual housing shall be handled by the bank that originally handled the portfolio loan. 2. Partial early repayment of personal housing provident fund loans can only be fully repaid, and some commercial banks can handle partial early repayment of personal housing commercial loans, and the methods of partial early repayment are different.

There are two ways to apply for partial early repayment: the first method is that the loan term and loan interest rate remain unchanged according to the original loan contract, and the monthly repayment amount will be reduced accordingly after partial early repayment; The second method is to shorten the loan term, according to the original loan contract interest rate unchanged, after part of the early repayment, the monthly repayment amount remains unchanged. Data Development:

Prepayment is generally divided into two ways: partial repayment and full repayment in advance. Depending on the repayment method, the borrower can choose to reduce the mortgage for the term or the amount of the mortgage. It is understood that at present, most banks can provide five ways to prepay loans for customers to choose from:

1. Full early repayment, that is, the customer will repay all the remaining loans in one go. (No interest is required, but the interest paid will not be refunded) 2. Partial early repayment, and the remaining loan will keep the monthly repayment amount unchanged, and the repayment period will be shortened. (Save more interest) 3. Partial early repayment, the remaining loan will be repaid every month, and the repayment period will remain unchanged.

Reduce the burden of monthly payment, but the degree of savings is lower than that of the second type) 4. Partial early repayment, the remaining loan will reduce the monthly repayment amount, and at the same time shorten the repayment period. (Save more interest) 5. The remaining loan will keep the total principal unchanged, and only the repayment period will be shortened. Financial experts suggest that early repayment should minimize the principal and shorten the loan term to make the interest on the expenditure less.

Some banks stipulate that you can apply for repayment once a year, and some banks stipulate that you can apply for early repayment twice a year.

Early repayment needs to be requested in advance, and there may be a limit on the amount of repayment. Generally speaking, there is no limit to the number of times you can repay in advance within the repayment period, but some banks stipulate that you can apply for repayment once a year, and some banks stipulate that you can apply for early repayment twice a year. Different bank regulations are also different, mortgage repayment can be repaid several times in advance, you also need to look at the regulations of the loan bank, you can consult the bank credit manager.

Installment repayment can be repaid in advance, whether it is a credit card installment or a loan installment, it can be repaid in advance, but if you apply for early repayment after a short period of time after installment repayment, you may incur corresponding liquidated damages.

This is the most common type of mortgage prepayment. If you apply for early repayment after the credit card instalment, you will be required to pay the remaining principal and handling fee of all instalments in a lump sum. It can be seen that when applying for early repayment after installment repayment, you need to pay attention to whether there will be additional costs, whether it is cost-effective, and the necessity of early repayment.

Extended Materials: Materials for applying for a credit card.

The most important condition for applying for a credit card is to have a stable job and income, and the necessary application document is an ID card.

A copy of Ming and proof of employment.

Documents, if you can provide other financial documents, it will be more helpful to understand your personal situation and judge the credit limit.

Proof of identity: The general requirement is an ID card (if you are using a new version of the ID card, a copy of the front and back is required), and the military needs to provide a copy of the military ID;

Work certificate: It can be the original work certificate issued by the employer (the specific company name, department, position and income need to be stated, and stamped with the company's official seal or personnel seal), or a copy of the work certificate verified and indicated by the promoter;

Proof of financial resources: This can be a salary record issued by the bank, or income tax.

Proof of withholding, or proof of the value of the house, car, deposits, and investment (e.g. title deed).

Automobile driving license.

Personal account lists, water and gas bills, credit card statements from other banks, etc.

There are several ways to apply for a credit card, first, you can go directly to the bank counter to apply, at this time, you need to provide proof of identity and financial resources, so that the bank knows that you have the ability to repay; Secondly, you can apply online, now every bank can apply for a credit card online, and the process is particularly simple; The last way is to handle it through the bank's clerk, but you must protect your personal information when handling it. No matter how you apply for a credit card, you must have a good credit report.

Criminal Law of the People's Republic of China.

Article 196:The use of forged, invalid, or fraudulent use of another person's credit card, malicious overdraft (refers to the act of the cardholder exceeding the prescribed limit or the prescribed time limit for the purpose of illegal possession, and still not returning it after being collected by the card issuer), as well as stealing and using credit cards, shall be convicted and punished in accordance with the provisions of Article 264 of this Law.

After the installment repayment, it can be repaid in a lump sum.

Most loans are prepaid in advance, which is a lump sum payment.

Paying off the loan in one lump sum can effectively save the total interest of the loan, but it requires a high repayment ability of the borrower.

When the user's repayment ability is insufficient, it is recommended to choose to repay the loan on time, which can not only relieve the repayment pressure, but also accumulate a good credit history.

When you apply for a loan, the lender will ask you to choose a loan term or a default loan term, after which you will need to repay the outstanding amount in installments.

Although repaying the arrears in installments cannot save the loan interest, because the loan principal and interest are amortized every month, it is conducive to the user to repay the arrears better and on time.

When the loan is paid off in a lump sum, the user is required to repay the interest generated by the remaining loan principal, although the interest accrued from the remaining loan principal should not be returned.

Therefore, whether the user chooses to repay the loan in installments or in a lump sum depends mainly on the user's capital plan and economic situation, and both repayment methods are timely repayment.

You should also pay attention to your personal credit and don't blindly apply for a loan, otherwise once the big data is spent, you will be rejected due to insufficient comprehensive score if you want to apply for a loan again. You can get a big data report in "Blue Ice Data" to clearly know your status in online loan big data. The database cooperates with more than 2,000 online lending platforms, and the query data is relatively accurate and complete.

Extended Information: What happens if I don't pay my installments on time?

The consequences of not paying the installments on time.

Overdue records will be reported on the credit, resulting in poor personal credit.

Overdue interest is charged on a daily basis, increasing the repayment burden of users.

During the overdue period, the collection of users affects the daily life of users.

Friends and family may hear about the collection**.

If the user is overdue, he or she will not be able to apply for other credit services.

It takes 5 years for the credit to be restored after the overdue arrears are paid off.

Therefore, if you do not repay the instalment on time, there will be more negative impacts, please pay off the arrears as soon as possible after the overdue payment to avoid the negative impact from further expanding.

Early repayment can be repaid as many times as you like. Generally, it is necessary to apply once a year. In addition, the requirement for prepayment is that there is no record of arrears, and the loan interest rate is implemented in accordance with the national standard, which has nothing to do with whether the loan is repaid in advance.

In addition, most banks require at least one year of repayment before applying for prepayment, but some banks say that they can apply for prepayment at any time.

Extended Materials

1. Requirements for early repayment of house purchases:

1.The borrower must repay the principal and interest of the loan on a monthly basis for 6 months before making the initial early repayment of part or all of the loan.

2.In order to strictly manage loans, lending institutions have set a minimum limit for early repayment of part of the loan, which generally requires more than 10,000 yuan;

3.The borrower generally needs to inform the lending institution 10 or 15 days in advance of the early repayment, and must submit a written application to the lending institution with the original loan contract, bank loan repayment savings card, monthly capital repayment interest table, ID card and other materials, and must be reviewed and approved by the borrower.

4.The borrower still needs to repay the original monthly loan principal and interest repayment amount in the current month, and at the same time deposit the loan amount that needs to be repaid in advance into the bank savings card.

2. How to buy a house and repay the loan in advance:

1.Full early repayment, the buyer pays off the remaining loan in one lump sum, but the interest paid will not be refunded, and the remaining interest can be waived.

2.Partial early repayment, the remaining loan to keep the monthly repayment amount unchanged, shorten the repayment period, this way can save more interest.

3.Partial prepayment, the remaining loan will have a reduced monthly payment, leaving the repayment period unchanged. This way can reduce the burden of monthly payments, but there is no second way to save money.

4.Partial early repayment, the remaining loan will reduce the monthly repayment amount, and at the same time shorten the repayment period, which saves more interest.

5.The remaining loan will keep the total principal amount unchanged and only the repayment period will be shortened. This method will increase the burden of monthly payment, but it can reduce some of the interest, but it is slightly less cost-effective than other repayment methods.

3. What are the tips for mortgage prepayment?

1.Full early repayment, that is, the remaining entire loan is paid off at one time, and the interest on the remaining part is saved after repayment, but the interest on the part paid is non-refundable;

2.Partial early repayment, leaving the remaining loan repayment amount unchanged and shortening the repayment period;

3.Partial prepayment, the remaining loan will have a reduced monthly payment and a shorter repayment period. These two situations are relatively common, and can be calculated according to the specific financial ability, the amount to be repaid and the interest rate, both of which can save an interest;

4.Partial early repayment, the remaining loan will reduce the monthly repayment amount, keep the repayment period unchanged, this method can reduce the burden of monthly payment, but the degree of interest savings is slightly less than the second option;

5.The remaining loan will keep the total principal amount unchanged and only the repayment period will be shortened.

This can be decided according to your specific economic situation. Mortgage prepayment can be done without paying it off all at once. Borrowers who prepay their mortgage can choose to pay off part or all of it, so there is no requirement for early repayment to be paid off in one lump sum.

Therefore, it still depends on your own prediction and judgment of the future economic situation.

Extended information: Loans, which means that banks, credit cooperatives and other institutions lend money to units or individuals who use the money, and generally stipulate the interest and repayment date. Loans in a broad sense refer to the general term for loans, discounts, overdrafts and other lending funds. By lending money and monetary funds to the bank, the bank can meet the needs of the society for supplementary funds for expanding reproduction and promote economic development, and at the same time, the bank can also obtain interest income from loans and increase the bank's own accumulation.

Housing loans, also known as personal housing loans. A personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for self-use. When a lender issues a personal home loan, the borrower must provide a guarantee.

If the borrower fails to repay the principal and interest of the loan when due, the lender has the right to dispose of its collateral or pledge in accordance with the law, or the guarantor shall be jointly and severally liable for the repayment of the principal and interest.

The object of the loan is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to purchase ordinary houses for their own use and have a house purchase contract or agreement, have the ability to repay principal and interest, have good credit, have a down payment of 30% of the funds required for the purchase of the house, and have a loan guarantee approved by the bank.

Personal housing loans are limited to the purchase of ordinary housing for self-use and the repair and construction of housing for self-use by urban residents, and shall not be used to purchase luxury housing. Personal housing portfolio loan refers to the loan issued to the same borrower for the purchase of ordinary housing for self-use with housing provident fund deposits and credit funds as **, which is a combination of personal housing entrusted loan and self-operated loan. In addition, there are housing savings loans and mortgage loans.

The borrower shall provide the following information to the lender: identity document; Proof of the borrower's family's stable financial income; A letter of intent, agreement, or other approval document for a contract for the purchase of housing in accordance with the regulations; List of collateral or pledges, proof of ownership, and proof of consent of the person with the right of disposition to mortgage or pledge; Proof of collateral valuation issued by the competent authority; The guarantor agrees to provide a written document of the guarantee and the guarantor's credit certificate; To apply for a housing provident fund loan, a certificate issued by the housing provident fund management department is required; Other documents or information requested by the lender.