Time: 2022-04-11 04:21:10source:
Guided readingCan I apply for a deferral of mortgage repayments due to the epidemic? Not yet. However, recently, citizens in many places have sought help online, hoping to delay the mortgage repayment period. In this regard, various banks have responded, and there are…
Can I apply for a deferral of mortgage repayments due to the epidemic?
Not yet. However, recently, citizens in many places have sought help online, hoping to delay the mortgage repayment period. In this regard, various banks have responded, some banks said they can consider it, some banks can’t, some banks can do it in some places, but not in others.
At present, various banks do not have a unified national policy for deferred loan repayment for the time being, and the lender needs to consult with the loan branch or the handling personnel to apply. At the same time, bankers reminded that overdue loans without the consent of the bank will affect personal credit records.
In general, the epidemic will not have a particularly big impact on the lives of most people, but for a small group of freelancers, individual business households in the service industry, etc., if they encounter a long-term closure and control measures, their income will be large. Loss of income or even loss of income, the impact is still very large. If you still have a mortgage to repay, that’s even worse.
If your income is greatly reduced or even lost, the hardships in life may not be a big problem. Think of other ways or try to endure it as much as possible, and you may be able to get through it. However, a mortgage is a contract with legal effect and cannot be repaid. According to a staff member of a commercial bank, at present, the bank has no relevant regulations on mortgage relief due to the epidemic. According to the regulations, a one-day delay in mortgage repayment will affect the credit record, and a three-month delay will initiate litigation. Please be sure to repay the mortgage on time.
Don’t underestimate the risk of housing loan cutoff. It not only affects the stability of individuals and families, but also has a certain degree of impact on banks and the real estate industry. Therefore, “delaying mortgage repayment due to the epidemic” must be put on the agenda, and relevant institutions and departments, including banks, should participate in the discussion and jointly find a solution.
In February 2020, five departments including the People’s Bank of China, the Ministry of Finance, and the China Banking and Insurance Regulatory Commission issued the “Notice on Further Strengthening Financial Support to Prevent and Control the Novel Coronavirus Pneumonia Epidemic” (hereinafter referred to as the “Notice”) Those who are hospitalized or quarantined with new pneumonia, those who need to be quarantined for epidemic prevention and control, or who participate in epidemic prevention and control fail to repay in time due to the impact of the epidemic, can submit a proposal to the bank. After confirmation, the relevant overdue loans and arrears can be repaid. No overdue records will be submitted, and those that have been submitted will be adjusted.
The “Notice” also requires that financial institutions can flexibly adjust housing mortgages, financial institutions, and people who are hospitalized or quarantined due to infection with COVID-19, those who need to be quarantined and observed for epidemic prevention and control, those who participate in epidemic prevention and control, and those who have temporarily lost their source of income due to the impact of the epidemic. Personal credit repayment arrangements such as credit cards, and reasonable extension of the repayment period.
It can be seen that delaying mortgage repayment due to the impact of the epidemic is not without precedent, and it is also feasible in the system. The above regulations need to be properly implemented, but different situations have arisen in different places and banks. Some banks can and some cannot. And it is conceivable that in the specific application process, there may be difficulties. Therefore, what needs to be solved now is to reach a consensus as soon as possible, formulate a specific and universally applicable operation plan, and determine the institutionalized form of postponing mortgage repayment, so as to help the difficult groups tide over the difficulties.
“It is only right and proper to pay back the debt.” Of course, the money owed to the bank has to be repaid, but among the people, we also have the traditional virtue of watching and helping each other. It should be noted that the postponement of mortgage repayment due to the impact of the epidemic is only temporary, which is completely different from losing the ability to repay. Moreover, the number of these groups is limited, and theoretically it will not have a particularly large impact on the bank’s capital chain.
The epidemic is our common enemy. In the face of the force majeure caused by the epidemic, everyone needs to join hands and make contributions to the prevention and control of the epidemic. No one can stay out of it. Whether it is adhering to the epidemic prevention policy, staying at home and not running around, or sticking to the post to provide medical services for epidemic prevention and control, it is a manifestation of social responsibility. It is of great significance for banks to allow some groups in difficulty to defer mortgage repayments through flexible systems.
More terrifying than the new coronavirus is the fear of the virus. While scientifically preventing the epidemic, maintaining a normal life order will not let some people suffer heavy losses due to the epidemic, which is also an important source of social stability and confidence.
Article source: 7 Li Women’s Network