Resigned, what if the provident fund breaks the mortgage?

If you resign, the provident fund will also stop paying, then you need to consider how to continue to repay the mortgage. Here are some possible solutions:

1. negotiate with the bank: you can negotiate with the loan bank to see if you can adjust the loan repayment plan, such as extending the repayment period or reducing the monthly repayment amount. If your loan is a mortgage loan, you can also negotiate with the housing developer or property company to see if you can adjust the mortgage repayment method.

2. Looking for a new job: If you have resigned, you need to find a new job as soon as possible to ensure a stable income and continue to repay the mortgage. Before finding a new job, you can temporarily solve the problem of repaying loans by other means.

3. Change the payment method of the provident fund: If your new job can also pay the provident fund, you can consider changing the payment method of the provident fund in order to continue to enjoy the preferential interest rate of the provident fund loan and continue to pay the provident fund.

4. Consider personal loans: If you can't continue to enjoy the preferential interest rate of provident fund loans, you can consider applying for personal loans to continue to repay the mortgage. However, please note that the personal loan interest rate is usually higher and the repayment period is shorter. Please be cautious.

In short, if you resign, the provident fund will also stop paying, so you need to act as soon as possible to solve the mortgage repayment problem. It can be solved by consulting the bank, looking for a new job, changing the deposit method of provident fund or considering personal loans. Either way, you need to think carefully and consult a professional.

Legal basis:

"Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund" Article 35 The housing provident fund management center shall urge the entrusted bank to handle the business agreed in the entrustment contract in time. The entrusted bank shall provide relevant business information to the housing provident fund management center on a regular basis in accordance with the entrustment contract.

"Regulations on the Administration of Housing Provident Fund in People's Republic of China (PRC)" Article 36 Employees and units have the right to inquire about the deposit and withdrawal of housing provident fund of themselves and their own units, and the housing provident fund management center and the entrusted bank shall not refuse. Workers and units have objections to the storage balance in the housing provident fund account, and may apply to the entrusted bank for review; If there is any objection to the results of the review, you may apply to the housing provident fund management center for review. The entrusted bank and housing provident fund management center shall give a written reply within 5 days from the date of receiving the application. Workers have the right to expose, report and accuse the misappropriation of housing provident fund.

"Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund" Article 34 The housing provident fund management center and employees have the right to urge the unit to perform the following obligations on time:

(a) housing provident fund deposit registration or change, cancellation of registration;

(two) the establishment, transfer or sealing of the housing provident fund account;

(3) Paying the housing provident fund in full.