The Balance of Risk and Benefit of Loan Payment
Integrating information from commercial banks and implementing entrusted payments by lenders will highlight the game between risks and returns:
Loan Payment in Different Ways
Entrusted payment by the lender refers to the transaction that the lender, after confirming that the borrower meets the withdrawal conditions stipulated in the loan contract, pays the loan funds through the borrower’s account to the borrower for the purpose agreed in the contract according to the borrower’s withdrawal application and payment entrustment object.
Loan Payment
Definition of loan payment: Amount of periodic payments to satisfy mortgage loans, car loans and other loans.
