Can personal loan repayments be postponed due to the epidemic?
At present, each bank has no specific policy for deferred loan repayment. The loaner needs to consult the loan outlet or the handling personnel for application.
Recently, the domestic epidemic situation is severe and complicated, and prevention and control measures have become increasingly strict in various places. Many citizens' income has dropped or even lost their income. Some people are unable to repay their loans normally due to isolation. They desperately hope that the bank will allow them to postpone their loan repayments.
On April 6, a reporter from Beijing Youth Daily consulted the customer service of ICBC, China Construction Bank, Bank of China and other banks and learned that at present, each bank has no specific policy for deferred loan repayment across the country. Consult the application.
At the same time, bankers reminded that overdue loans without the consent of the bank will affect personal credit records.
respond
The customer service of many banks said that you need to contact the handling bank to apply for deferred repayment
ICBC, China Construction Bank and Bank of China customer service all said that they have not received any notices about delayed repayment, and there is no unified national policy. Lenders need to apply to loan processing outlets by themselves.
Bank of China customer service staff also said that at present, customers in Jilin Province and some areas of Shanghai can apply for deferred repayment, but how to do it, they still have to contact the branch that handled the loan at that time.
It is also reported that the customer service of China CITIC Bank has been notified that customers in Suzhou, Fuzhou, Shenzhen, Hebei and other regions can apply for delayed loan repayment. According to past experience, Shanghai, Changchun and other places should also have relevant policies released.
Regardless of whether there has been a clear notice, none of the banks have denied that customers affected by the epidemic can apply for deferred repayment. The lender needs to apply to the branch that handles the loan, and the bank will make an approval based on the actual situation.
policy
Require financial institutions to take appropriate care of the relevant groups in their credit policies
It is understood that as early as 2020, when the new crown epidemic first broke out, the regulatory authorities issued relevant policies, requiring financial institutions to take appropriate care of credit policies for those affected by the epidemic.
On January 26, 2020, the China Banking and Insurance Regulatory Commission issued the "Notice on Strengthening the Financial Services of the Banking and Insurance Industry to Cooperate with the Prevention and Control of the Novel Coronavirus Pneumonia Epidemic", which requires banks to respond to those who have temporarily lost their sources of income due to the epidemic. Appropriate preference was given to credit policies, flexible adjustments were made to personal credit repayment arrangements such as housing mortgages and credit cards, and the repayment period was reasonably delayed.
On February 1, 2020, five departments including the People's Bank of China, the Ministry of Finance, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly issued the "Notice on Further Strengthening Financial Support to Prevent and Control the Novel Coronavirus Pneumonia Epidemic".
The document once again clearly pointed out that financial institutions should make appropriate credit policies for people who are hospitalized or quarantined due to infection with new coronary pneumonia, those who need to be quarantined and observed for epidemic prevention and control, those who participate in epidemic prevention and control, and those who have temporarily lost their source of income due to the impact of the epidemic. We will flexibly adjust the repayment arrangements for personal loans such as housing mortgages and credit cards, and delay the repayment period reasonably.
It is understood that in Wuhan and other regions where the epidemic was the worst that year, a large number of individual customers in various banks successfully delayed repayment, ranging from three months to six months.
follow up
The bank's approval is not 100% approved according to the actual situation
A relevant person from a large state-owned bank said that in fact, the bank has been implementing the relevant regulations of the regulatory authorities. If the repayment cannot be made on time due to the epidemic, it is indeed possible to apply to the bank.
However, the bank will approve it on a case-by-case basis, and not all applications will be approved.
The person in charge of a joint-stock bank in Beijing also told the Beiqing Daily reporter that not all applications for deferred repayment due to the epidemic have been approved, and applicants must provide authentic and credible materials.
In February and March 2020, the bank accepted a large number of applications for deferment of repayment, but after careful screening, it was found that some people were falsifying or exaggerating the impact of the epidemic. For example, some people were not trapped in Wuhan at all. If you have income, this kind of fraudulent application will definitely not be approved.
The person emphasized that the application for deferred mortgage repayment needs to provide proof that the income has been affected by the epidemic. For example, the salary flow has dropped significantly after the epidemic.
In addition, even if the bank agrees to an extension, the loan will have a special mark on the credit record, which may affect other credit operations.
Personal loan deferral issues vary from local banks
Jiangsu Kunshan Housing Loan
Banks: There are no regulations related to mortgage relief due to the epidemic
Beijing credit card repayment
Bank: No notification to apply for deferral of repayment
Gansu housing loan, car loan
Bank: Successful application can be delayed up to 6 months
Qingdao Central Sub-branch of the People's Bank of China
Reasonably meet personal deferred repayment needs
People's Bank of China branch in Huaihua city center
Can apply for extension or delete overdue records
Changshu Bank
Provide mortgage loan repayment deferral support
survey
The current practice of banks varies from place to place
It is understood that the regulatory agency has not issued the latest policy in response to the current epidemic situation, and the specific practices of various regions and banks are still different.
Not long ago, a citizen who lived in Kunshan, Jiangsu said that he was working in Shanghai. He was unable to work due to the epidemic and had no income. He hoped that a joint-stock bank could suspend the mortgage repayment period or reduce or waive the mortgage for half a month.
The bank's Kunshan sub-branch responded that there are currently no regulations on mortgage relief due to the epidemic, so please be sure to repay the mortgage on time.
Recently, a credit card customer of a major state-owned bank called customer service in Beijing to inquire about the deferred repayment situation. The customer service said that they have not received a notice that customers in Beijing can apply for deferred repayment. Cardholders cannot apply for deferred repayment due to the epidemic. , or pay attention to repayment on time, so as not to affect personal credit.
At the same time, some banks have made it clear that they will provide credit support to customers affected by the epidemic.
Changshu Bank executives previously revealed at the performance briefing that the bank has extended mortgage loan repayment support to customers who have temporarily lost their source of income due to the impact of the epidemic. letter protection.
Recently, Mr. Zhang from Gansu issued a message for help, saying that Jingyuan County, Baiyin City, where he is located, has been closed for more than ten days due to the epidemic.
He does odd jobs on weekdays and can't go out without income. He can't repay his mortgage and car loan. He hopes that the bank can negotiate to postpone the repayment time.
The Jingyuan Sub-branch of ICBC replied that if Mr. Zhang did not have any income due to the epidemic and could not repay on time, he could postpone the repayment.
Mr. Zhang can submit a written application certificate to the bank after the end of the epidemic closure and control, and go through the delay repayment procedures, which can be delayed for up to 6 months.
On March 15, the Qingdao Central Sub-branch of the People's Bank of China stated that under the premise of compliance with laws and regulations, flexible institutional arrangements have been made for the repayment of some borrowers who have been greatly affected by the epidemic.
For those who are hospitalized due to infection, quarantined, and epidemic prevention and control staff, appropriate preference should be given to personal loan repayment arrangements, and the method, time and amount of repayment should be flexibly adjusted to reasonably meet personal deferral needs.
The Huaihua Central Sub-branch of the People's Bank of China also stated recently that if they are medical workers, police officers and other related personnel involved in epidemic prevention and control, they cannot use any repayment tools during the closure period, resulting in overdue credit cards or loans. After that, according to the requirements of the bank, provide supporting materials, and eliminate overdue records by applying for credit objection.
If you are temporarily unable to repay due to the epidemic, please contact the bank that issued the loan in time to apply for an extension to avoid overdue loans.
This group of articles / our reporter Cheng Jie