As people ' s standard of living improves, many can afford large-scale credit loans, such as home purchases, car purchases, start-ups, etc. While the loans have provided us with more economic support, we also need to face issues such as deferred or early repayments. This paper will analyse the question of “delays of repayments and now wants to be completed at once?” from different angles。

You want to pay it back once and for all

First, let's look at the economics perspective. In general, the bank charges interest on the borrower and, if one-time repayment is chosen, the bank will not be able to continue to charge interest, which would be beneficial to the borrower. For banks, however, such one-time repayments affect the cash flow and profitability of banks. As a result, banks usually charge default payments in advance. It is therefore recommended that the bank be consulted before a one-time payment is made to ascertain whether the related costs are selected for one-time repayment。

Secondly, let's look at it from a personal perspective. A one-time repayment would reduce the amount available for the coming months to one payment, and the burden would be reduced, reducing our monthly repayment pressure. This would also have advantages in terms of credit ratings and credits. Once a person with a liability has received a fund, consideration should be given to reducing pressure and burden through early repayment. It should be noted, however, that if the interest rate of the loan is lower than that of the investment, one-time repayment is not recommended. Because you can choose to invest money in projects with higher returns in order to make greater profits。

Finally, let's look at the bank perspective. In the face of one-time repayments, the banks have obvious disadvantages, such as the loss of future interest-rate entry points, the need to properly place this large amount of money in the short term, and the fact that many repayment plans are in place and that one-time repayments could undermine the plan. Some banks, however, have different ways of doing so, for example, they would have preferential early repayments and would have deposit insurance or cash incentives for early repayment customers to attract quality customers。