Today, the Internet-based financial microfinance product is popular with a wide range of users, who experience easy lending. However, as the number of users increases, there is growing concern about how to apply for a soft-flowered deferred repayment service。

What are the conditions for the AXFAM application? Can you apply for an extension

Easier and simpler repayments than traditional financial institutions. However, specific conditions need to be met when there are short-term economic difficulties requiring a request for an extension of repayment. First, the borrower is required to submit a request for an extension before the original pre-set repayment date, as any overdue payment would have a negative impact on personal credit. Secondly, the borrower must have a reasonable basis for repayment. Finally, the relevant supporting documentation needs to be provided in order to make it easy to confirm the authenticity of the application。

While there is no doubt that the off-the-shelf payment extension service facilitates users, some details need to be taken into account when applying. Above all, users anticipate in advance whether an extension is required and avoid late applications, which would have a negative impact on personal credit. Secondly, when submitting an application, the specific reasons for the delay need to be elaborated and the necessary supporting documentation provided. Finally, users are required to pay additional costs such as late payment。

It is therefore desirable that users apply for loans on the basis of their own needs and ability to repay, so as to avoid over-borrowing leading to repayment difficulties. While AXA may apply for an extension of repayment, not all cases are acceptable and users need to provide reasonable grounds for successful applications。