Would you like to know whether “the borrower needs to go to the bank in person to process the early repayment of the loan”? The answer to this question depends on the specifics of the loan contract you entered into. If the loan contract expressly requires you to go to the bank in person to repay the loan, then you have to do so personally. In the absence of such a provision, you have to follow the instructions of the bank and do not have to appear in person。

Do you need to pay the loan in advance

Of course, in order to facilitate borrowers, a number of banks offer early repayment services through a silver or flag shop without any need for you to go to the bank yourself. Even some banks have an automatic transfer function, which requires you to pre-set the time and amount of repayment, and at the required time, the bank automatically withholds. That would avoid the trouble of you going to the bank in person to settle the advance payment. However, some banks also insist that they come in person to process the early repayment of the loan, in which case you must go to the bank in person。

And you might ask the same question: "Do you have to pay the default money in advance?" I regret to inform you that there is no single answer to this question, because different banks, different cities and even the same bank may have different provisions in different branches. It would therefore be useful to look at the loan contract that you entered into, if any, if the default payment were required。