How to pay the mortgage on time because of the epidemic?The big six responded: it can be extended


What if you can’t pay your mortgage on time during the pandemic?The big six are responding!Zhang You xiaotaotao in Zhangqiu APP: epidemic reasons can not pay the mortgage on time how to do?The big five say: Extendable!(Click on the blue word to view the original post) What if some people cannot pay their mortgage on time due to the epidemic?In an exclusive response to Xinhua News Agency reporters on Sunday, six major banks, including ICBC, ABC, China Construction, COMMUNICATIONS and Post and Postal Savings, will provide service support to individual housing loan customers affected by the epidemic, including postponing repayment time, extending loan terms and adjusting billing plans.Industrial and Commercial Bank of China (ICBC) said it will provide delayed repayment service for personal loan customers affected by the epidemic. During the delayed repayment period, customers will not be included in the list of defaulting customers. Meanwhile, it will provide credit investigation protection for customers and continue to strengthen customer services.According to the Agricultural Bank of China, those who meet relevant conditions can enjoy the personal housing loan customer care policy if they request to postpone repayment time, reduce penalty interest rate and eliminate overdue credit investigation records due to the epidemic.Customers can directly contact the loan handling bank or account manager to consult relevant conditions and procedures.You can also call the customer service center of AGRICULTURAL Bank of China, and the customer service staff will collect the information and send it to the loan handling bank of the customer.Bank of China has issued a package of personal housing loan guarantee policies, including online repayment through mobile banking, extension of loan term, delay of principal and interest payment and preferential repayment period, and instructed its branches in Shanghai, Jilin and other key epidemic prevention and control areas to actively respond to customer demands, the bank said.We will implement policies and arrangements for those who have been hospitalized or quarantined due to COVID-19, those who have participated in epidemic prevention and control, and those who have temporarily lost their sources of income due to the epidemic, and continue to provide financial services to people’s livelihood affected by the epidemic.China Construction Bank (CCB) said that since the beginning of the COVID-19 outbreak, it has issued relevant service policies for housing mortgage, consumer loan and other businesses, such as deferment of repayment during the epidemic, and has continued to this day.It mainly provides three types of services: one is short-term deferred repayment of up to 28 days, during which there is no collection and credit investigation is not affected;Second, adjust the billing plan.According to the epidemic situation in each region, you can choose to adjust the bill plan periodically, reduce the installment payment of the current period, and postpone the repayment of the reduced part to the next month;Three is to extend the loan overall term, postpone the due date, reduce installment repayment amount.According to BoCOM, since the beginning of the COVID-19 outbreak, the mortgage customer bailout policy has been in place to allow a certain grace period for customers whose repayment ability is temporarily reduced as a result of the COVID-19 outbreak.The focus will be on health care workers, government workers and their spouses, confirmed patients, quarantined people, and workers in industries heavily affected by the epidemic.Customers can apply to the branch where the loan belongs, and all branches will review it according to the policies of the head office. For those who meet the requirements, a certain grace period will be granted.PSBC said it would offer eligible customers an extension of repayment for up to six months.At the same time, for the credit investigation issues that customers are concerned about, we will strictly implement the policy on protection of credit investigation rights and interests, and make it clear that qualified mortgage customers who have difficulty in repaying due to the impact of the epidemic can be assisted in adjusting the credit investigation overdue records related to the epidemic.

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