If the loan principal and interest are not repaid according to the repayment plan agreed in this contract, the bank has the right to recover all the outstanding loan principal and interest in advance and exercise the mortgage right in advance, and all expenses (including legal fees and attorney fees) incurred by the bank to realize the creditor's rights shall be borne by the lender. ).
After the mortgage loan, the financial situation of the buyers is not static. Due to illness, business trip, temporary cash flow difficulties and other reasons, it may cause a certain degree of overdue repayment. However, the loan contract signed by the bank and the lender is very strict. After loans overdue, banks often appealed to the court whether the lender repaid all the money on time or not, demanding the lender to repay all the remaining loans in one lump sum and pay overdue interest. The resulting legal fees and preservation fees shall also be borne by the lender.
Generally speaking, banks will not accept overdue for more than 6 times. However, if there are three reasons for overdue, banks will generally accept loan applications.
1, overdue due to bank reasons. For example, there is a problem with the bank's credit card repayment system, which leads to the failure to receive the repayment immediately, or the monthly payment increases after the interest rate adjustment, but the bank fails to fulfill its notification obligation, then the applicant can ask the original borrowing bank to issue a non-malicious overdue certificate;
2. I am overdue for more than 6 times, but the repayment at other times is very good, and I can provide the bank with an explanation of the non-subjective reasons for not repaying on time. I can try to apply for a non-malicious repayment certificate from the original issuing bank or loan bank;
The overdue repayment occurred two years ago. For overdue cases that occurred two years ago, banks generally do not count the number of overdue cases of applicants. However, if there are many overdue times two years ago, the bank will raise the applicant's loan interest rate or reduce the loan amount.