How many days can a Home Credit installment be overdue? What should I do if my Home Credit installme

Home Credit installment overdue for 20 days, to pay a late fee of 110 yuan;

There will be no late fees for 10 days after the due date.

Late fee of 30 yuan for 0-10 days overdue.

10-30 days overdue 110 yuan late fee.

Late fee of 240 yuan for 30-60 days overdue.

Late fee of 370 yuan for 60-90 days overdue.

Extended Information: Late Fee Calculation Formula:

In 2014, the late fee is calculated for the outstanding portion of the minimum payment, with a minimum of RMB 5 or USD 1.

The calculation formula is: late fee = (minimum repayment amount repaid by the due date).

For example, the Law on the Administration of Tax Collection stipulates that if a taxpayer fails to pay the tax within the prescribed time limit and the withholding agent fails to release the tax within the prescribed time limit, the tax authorities shall impose a late payment penalty of 5/10,000 of the overdue tax amount on a daily basis from the date of the overdue tax payment, in addition to ordering the taxpayer to pay the tax within the prescribed time limit. In addition, there are similar provisions in the Measures for the Collection of Water Resources Fees.

Because the concept of late payment penalty is within the scope of administrative regulations, it should not be used when it involves the assumption of civil liability in civil and commercial judgment documents.

Late Fee Features:

It has the characteristics of statutory, mandatory and punitive.

The so-called statutory nature means that the late payment fee is the money expressly stipulated in national laws and regulations, and individuals and other groups have no right to set it up privately;

Mandatory means that the collection of late fees is guaranteed by the state's coercive force;

Punitive refers to the punitive measure taken to pay late fees beyond the specified time limit. For example, Article 32 of the Law of the People's Republic of China on the Administration of Tax Collection stipulates that: "If a taxpayer fails to pay the tax within the prescribed time limit, and the withholding agent fails to release the tax within the prescribed time limit, the tax authorities shall impose a late payment penalty of 5/10,000 of the overdue tax amount on a daily basis from the date of the overdue tax payment, in addition to ordering the payment within the time limit."

Home Credit China] Reply: Hello, Home Credit is a legal and regular company, it is recommended that you repay the loan in time and maintain a good repayment record. Overdue will not only incur unnecessary liquidated damages, but also affect your personal credit reporting. If you have any questions, you can call the official customer service of Home Credit ** for detailed consultation.

Hello, since Home Credit Loan is a comprehensive review and evaluation of the system, many factors including: personal credit status, credit status, external economic environment, etc.) may affect your approval results. Whether your Home Credit loan can be approved or not is subject to the results of the comprehensive evaluation of Home Credit system.

You just paid it off, and it should not be possible to installment in the short term.

Because they don't believe you on the platform now, you still can't installment for the time being, so let's wait until your credit is better for a while.

In Home Credit overdue for 8 months, of course, it is still possible to installment.

For many people who are in urgent need of funds, they may not have so much time to go to the bank to apply for loans, so they will choose to find some online loan platforms to apply for loans. After applying for a loan, there will be some borrowers who will overdue the loan due to various reasons. What should I do if my Home Credit installment is overdue?

What is the maximum amount of time Home Credit can be overdue?

What should I do if my Home Credit installment is overdue?

According to the official website of Home Credit, Home Credit has a certain grace period, and if it is only delayed for one or two days, it will not be recorded in the individual's credit report. If it has already been on the credit report, the borrower needs to repay it clearly in time to avoid further increase in overdue penalty interest. The overdue record will be cleared after 5 years from the date of payment of the arrears.

If you are unable to repay, you can also try to negotiate repayment with Home Credit. After the negotiation is successful, the repayment can be made in accordance with the agreement. If the negotiation fails, the borrower will have to repay the loan according to the original plan.

However, under normal circumstances, Home Credit Installment will not agree to negotiate repayment. According to the regulations, unless the borrower is overdue or unable to repay due to some force majeure third-party factors, and the previous repayment record is relatively stable, Home Credit will generally not agree to negotiate.

What is the maximum amount of time Home Credit can be overdue?

Home Credit has a grace period of 3 days, which can be overdue for up to 3 days. If it is more than 3 days old, the overdue record will be on the credit report. And borrowers will start receiving collections** and text messages from Home Credit.

If more than 3 months have passed, Home Credit may choose to sue the borrower and contact the borrower's family.

In case of overdue, it will be reported on the credit.

The Regulations on the Administration of the Credit Reporting Industry have corresponding provisions on it:

Article 16: The period for credit reporting establishments to store negative personal information is 5 years from the date on which the negative conduct or incident ends; Where it is more than 5 years old, it shall be deleted. During the period for storing negative information, the information subject may make an explanation of the negative information.

Information subjects may make inquiries into their own information from credit reporting establishments. Personal information subjects have the right to obtain their credit reports free of charge twice a year. Where inquiries are made to personal information from credit reporting establishments, the written consent of the information subject shall be obtained and the use agreed upon.

Home Credit has been approved to enter the People's Bank of China's personal credit reporting system, and users are advised to maintain a good credit history to avoid overdue.