Experts: Science for development loans to avoid loss of prepayments

Recently, some local commercial banks made a personal housing loans to repayment of the advance publicity, which means that prepayments will assume responsibility for breach of contract, breach of contract fees have come to the heads of some lenders. Prepayments face charges, the borrower how to deal with it »

Active and effective measures to deal with family income is expected to be correct, scientific development loans for borrowers and the amount of the loan period should not draw too long. In accordance with the general provisions of commercial banks, borrowers need to fixed income as a return of 50 percent of the loan principal and interest margin, the majority of the people is still relatively low income, loan borrowers in order to have a relatively well-off time, often only part of their personal wages As a fixed income sources, such as other personal accumulation of stocks, bonds, securities, insurance and other aspects of the income not taken into account, but as the prevention of future debt payments under the supplementary, that is, protection of life and the supplementary loan reserve . However, due to lack of fixed income calculated in determining lending will be the natural extension of the deadline. Judging from the current prepayments of the group, mostly because of increase in real income and increase accumulated result of the prepayments.

For example, the borrower Mr Cheung, spent 500,000 yuan to purchase a set of housing, financial assets available in the 300,000 yuan as the first payment, also a bank borrowing 200,000 yuan, according to his wife at the time of the wage and income levels , Borrowing the contract period of 10 years, but borrowing less than five years, the couple's annual income level rise, coupled with the original purchase of high interest rates corporate bonds, which mature on stock dividends, the accumulation of more and more families, March 17 this year, the People's Bank announced that interest rates, he put all available financial intermediation realisable assets, return the remaining one-time bank loans. If implemented, default repayment charges, it should be paid to the banks of a small non-payment.

Avoid a default fine, the borrower would also like to correct use of contract rights, and strive to set aside space for early repayment. Each purchase to the bank loan, the borrower must sign the contract, the contract is a legal instrument, but also guarantee the legitimate rights and interests of the parties an important guarantee for some of the basic issues and important content will be reflected in the contract. If the income is expected not grasp the situation, the borrower can apply for loans, the first bank, or to note in the contract, for the future prepayments provide a legal basis. If the banks do not agree to such a contract, could be further consultations, such as in advance how much additional time to apply for the loan provisions, there are plans for the bank, to head the use of funds targeted to provide sufficient time to reflect both lending fair, reasonable, mutually beneficial and efficient Principle. Therefore, in a mutually beneficial situation, the banks lending more receptive to the reasonable request, aims to achieve a win-win situation.

People in the choice of bank loans, also based on the financial industry with a current loan-to-business fierce competition of the favorable situation, comparative shopping, choose not to charge the bank. Most banks have not yet of prepayments, the full implementation of non-compliance fees are a gradual process, even if some large banks to promote comprehensive, but also a number of local banks and joint-stock banks, in order to compete with the needs of industry, Not to take the default way to enhance their competitiveness.

In fact, the prepayments is not the wish of the majority of the borrowers, but also is not the only option. Experts believe that the banks concerned, the public in choosing the period when the loan must fully consider their capital operation and follow-up sources of funds, or prepayments to pay a lot more interest, is only the expense of their customers. Consumption and housing loans is a long-term behavior, it is inevitable in the middle of an accident situation. Loan period in principle to shorter is better, in order to avoid unnecessary loss of interest. Because the longer the period of loan, advance the more interest payments, the borrower has lost more interest.