Can Taizhou bank loan be divided into three stages for three years?

at present, it can be divided into 36 periods at most, which means it can be used for 3 years at most. Because bank micro-loans usually don't need loan guarantee and pledge, the loan life of the loan is not easy to be too long. The longer the loan life, the greater the risk of loans overdue.

If the loan term is set at 3 years, more and more loan interest can be obtained, and the risk can be managed within a certain scope. Therefore, when customers apply for bank micro-loans, most of them can borrow for three years, and only a few micro-loans can exceed three years.

at this stage, small loans will also be reported to the credit bureau. If the defendant has borrowed money, he should repay it on time every month. Otherwise, it may have a negative impact on your personal credit information, and even affect your application for housing loans in the future.