Withdraw the provident fund after the loan is settled.

What should I do after the loan is settled?

If the application is for mortgage or car loan, after the loan is settled, you need to issue a settlement certificate and go through the formalities of canceling the mortgage. Instead of a mortgage loan, the bank can issue a settlement certificate after the loan is settled. For the lender, the mortgage cancellation procedure is mainly to get back the ownership of the property or vehicle, and the ownership belongs to the bank without mortgage cancellation.

Instead of a mortgage, it may be a credit loan or a secured loan. As long as the loan is settled, there is nothing to do later.

What should I do after the mortgage is settled?

After paying off the house loan, you should go through the formalities of mortgage cancellation. After paying off the housing loan, you should carry the real estate license, ID card and loan settlement certificate in time and go through the mortgage cancellation procedures at the local housing authority.

When applying for a mortgage, the house is generally mortgaged to the bank. If the mortgage is not released after the mortgage is paid off, the ownership of the house still belongs to the bank. So, don't forget to pay the mortgage after you pay it. Or you can apply for mortgage registration at the time of loan, so you can get the real estate license directly. After paying off the mortgage, all the property rights of the house will automatically belong to you, and there is no need to cancel the mortgage.

Based on the interest of bank mortgage loan, the bank now stipulates that the loan term is within one year (including one year), so the repayment method is one-time repayment of principal and interest, that is, the initial loan principal plus the interest of the whole loan period. Housing mortgage loan requires the service life of the house to be within 20 years; The housing area should be more than 50 square meters; The house should have strong liquidity: secondly, the value of the mortgage loan: the amount of the mortgage loan is 70% of the appraised value of the house.

What procedures do I need to go through after the loan is paid off?

Legal analysis: If it is an ordinary online loan or a bank financial loan, you need to apply for a settlement certificate after the loan is paid off. If you apply for mortgage or car loan, you need to go through the formalities of understanding mortgage or surrender when you apply for the loan settlement certificate. Simply put, after the mortgage is paid off, you must first apply for a loan settlement certificate at the bank. After the settlement certificate is completed, you can take it to the housing management office and the insurance company to go through the formalities of understanding the mortgage and surrender. In addition, if you buy insurance when applying for a loan, you need to go to the insurance company to go through the formalities of surrender.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 675 The borrower shall repay the loan within the agreed time limit. If there is no agreement or unclear agreement on the loan term, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.

Article 677 Where the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated according to the actual loan period.

Article 678 The borrower may apply to the lender for extension before the repayment period expires. If the lender agrees, it can be extended.

What documents can I get after the house loan is paid off?

The following procedures are required:

1. Handle the mortgage cancellation formalities with the loan bank.

2. Go through the refund formalities of the corresponding insurance premium with the insurance company.

3. Return the deposit to the developer (if any). If you have applied for the real estate license during the loan period, you only need to go to the window of the administrative service center housing management office with the cancellation form, other warrants and bank ID card.

If there is no real estate license, after the loan is repaid, take the cancellation form of the bank to the housing management office window for cancellation, and then apply for real estate license, you must bring the following information:

1. Copy of ID card or household registration book, household registration certificate, private seal of property owner and * * *.

2. Purchase contract (original).

3. Have a copy of the contract.

4. Purchase invoices and copies.

5. Door license and copy.

In addition, after the bank loan is paid off, you can go to the bank to issue a loan settlement certificate. Different banks have different time limits for receiving foreign exchange settlement certificates. It usually takes about a week, and Minsheng Bank can get it in five working days. It may take ten days and a half months at the latest. The bank loan settlement certificate generally has two purposes: one is to prove that the loan has been paid off and reduce the personal debt ratio; One is to cancel the loan mortgage. After three working days, the borrower can go to the bank to get the settlement voucher; Within seven to fifteen working days after the commercial loan is paid off, the borrower can get the settlement certificate from the bank. When printing the settlement voucher, the borrower should bring his ID card and loan contract. When the bank loan is paid off, the borrower can issue a loan settlement certificate to the relevant bank, and different banks receive the settlement certificate at different times. General banks require borrowers to collect the settlement certificate from the bank within seven working days after paying off the loan. There are also some banks that require borrowers to get the settlement certificate from the bank within 15 working days after paying off the loan. The borrower can contact the customer service of the relevant bank to inquire about the specific time to receive the settlement voucher, and the borrower should take the time specified by the bank as the standard. The borrower can go through the mortgage cancellation registration formalities at the local housing authority with the loan settlement certificate, or go through the surrender formalities at the corresponding insurance company with the loan settlement certificate. If the borrower fails to get the loan settlement certificate within the specified time, he needs to ask the bank for the loan settlement certificate. You can only get the settlement voucher after repayment, and the bank is a formal financial unit. There is no case where the intermediary receives the settlement certificate quickly. The borrower still needs to go to the relevant bank and get the settlement certificate according to the formal process. Remind everyone that you can't get the bank settlement certificate immediately after paying off the arrears. Don't believe that the intermediary can help you get it immediately, just to defraud your handling fee.

How long does it take to display normal information after the loan is paid off?

Generally speaking, after the loan is paid off, the credit will be updated in about one month. If the loan is paid off this month, the bank will submit the information to the People's Bank of China before June 10, and the People's Bank of China will upload the information to your credit information before June 15. These loan information, or overdue information in repayment, will be uniformly updated and cleared by the People's Bank of China after five years. Usually, within one month after the loan is settled, the updated record will be displayed on the credit report. If you pay off your debts in August, the borrowing bank will submit your loan settlement information to the Credit Information Center of China People's Bank around September 10, and the Credit Information Center will upload the information to your personal credit report around September 15. The information uploaded by each bank is slightly different, depending on the uploading time specified by the bank. If the debts are paid off within the time limit, the credit records shall be kept for five years and automatically deleted after five years.

1. How long can a small loan pay off the credit?

Generally, it is about 1 month. Because major banks and financial institutions report credit information at different times, sometimes once a month, sometimes several times a month, if your data card is at the reporting point, it may not be reported for the time being. Moreover, after the financial institutions report the data, it will take time for the central bank's credit information center to process it, so it will take some time for it to be finally displayed.

In short, it takes about 3~ 1 month from the time when all the small loans are paid off to the time when the credit information is updated, and sometimes it can be displayed as soon as possible.

Second, what should I do if my credit is not updated?

1, contact the bank. You can directly go to the counter to apply for printing settlement vouchers and related materials, or you can call the phone or mobile app to submit the application. After the bank prints it, it will be stamped and mailed, which usually takes about a week.

2. The bank's settlement certificate must be sealed by the bank, and it must be fresh and cannot be copied, and all the names can be settled before applying, otherwise it will not be issued.

credit report

At present, it is mainly used in various consumer credit businesses of banks. With the continuous improvement of the social credit system, credit reports will be more widely used in commercial credit sales, credit transactions, recruitment and job hunting and other fields. In addition, the personal credit report also provides a way for inquirers to examine and standardize their own credit history behavior, and forms a verification mechanism of personal credit information.

Credit information

1. Personal basic information used to identify individuals and reflect their family and occupation;

2. Personal credit information formed by the credit relationship between individuals and financial institutions or housing provident fund management centers;

3. Personal credit purchase and payment information formed by personal credit purchase relationship with commercial institutions and public utility service institutions;

4. Public record information related to personal credit formed by administrative organs, executive organs of administrative affairs and judicial organs in the process of exercising their functions and powers;

5. Other information related to personal credit.

influencing factor

The main factors that may affect the personal credit risk score are: repayment in loans overdue, failure to repay according to the agreed time limit and repayment amount after credit card overdraft, or too many loan accounts and credit cards.