The introduction of the modification and adjustment of the loan contracts involves changes and adjustments to the initial term of the contractual loan, the method of payment and the pawning during the term of the loan. 1. Change the length of the loan. Extending or reducing the loan term initially agreed with the agreement of the borrower and lender and other related parties. 2. Change the payment method. Changed the repayment method initially agreed by contract, with the agreement of the borrower and the lender and other related persons during the term of the loan, due to differences in income level or major problems that alter the creditworthiness of the borrower. 3. Change the instructions. Change or increase the commitment with the agreement of the borrower and borrowers and other related persons when the borrower changes the home or if the value of the home is changed, etc.
You can request one or more adaptations that have been made here. Application requirements 1. You already have a personal loan in ICBC. 2. Until the application date, there is no timetable, no capital, no interest, no penalties. 3. The borrower is able to make the repayment after the change. 4.
The amendment must be made with the agreement of other relatives with written permission. In the meantime, the guarantor and the original mortgage must be prepared to continue their liability for the appropriate contract, or there is a new guarantor and acceptable lender who wishes to assume the guarantee of the appropriate contract. 5. If you request a change in the payment method, the residual duration of the original contract should exceed 1 year (including 1 year) and the appropriate method should be in accordance with ICBC rules. 6. Other ICBC requirements. You must write a letter to your lender asking them to change the terms of your loan due to difficult cases. To change your credit, you need to show: Initial private housing contract. 2. Acceptable presentation of the borrower`s income and activity.
3. Written consent of persons related to the original contract and written obligation to continue their liability. 4. If the ownership of the deposit company is jointly held, the documents must be provided by the co-owner who, after adaptation, agrees to the continuation of this deposit. 5. If the loan is in a guarantee period, the surety should provide documentation to give its commitment to be guarantor after the adjustment. 6. Other materials needed by ICBC. The types of loan contracts vary considerably from sector to sector, from country to country, but characteristically a professional commercial loan contract includes the following conditions: loan contracts are generally written, but there is no legal reason why a loan contract should not be an oral contract (although oral agreements are more difficult to enforce).