What will happen if you owe money to Home Credit Best answer Knowledge Search?

This is called depending on how much money you owe, if the amount owed is relatively huge, then, the other party may sue you, after suing you, the court will adjust, let you negotiate to repay the money, if you say not to repay, you may face more serious consequences.

If you don't repay the money you owe Home Credit, you will receive a reminder** and a reminder letter, and you will face prosecution if you don't pay it back for a long time.

Hello, overdue repayment will not only produce liquidated damages or penalty interest, but also have a negative impact on personal credit, and the company will take the corresponding collection process for customer overdue behavior, it is recommended that you repay on time, if you need help or consultation can contact our company in time, thank you.

Home Credit is a regular, licensed financial company, if the borrower owes money and does not repay the consequences, such as incurring a high overdue penalty interest, it is likely to be higher than the loan interest; encounters **, SMS bombardment violent collection, and will also affect relatives and friends; Personal credit report leaves a bad credit record; You can no longer borrow money from Home Credit, apply for installments of goods, etc.

In addition, if the amount owed is relatively large, it may also be sued by Home Credit and suffer a lawsuit.

Home Credit is a formal, licensed financial company, if the borrower does not repay the money, the consequences are very serious, such as high overdue rent and interest, it is likely to be higher than the loan interest; encounters **, SMS bombardment violent collection, and will also affect relatives and friends; Personal credit report leaves a bad credit record; You can no longer borrow money from Home Credit, apply for installments of goods, etc.

In addition, if the amount owed is relatively large, you may also be trapped in Sun Jixin Company to sue in court and eat a lawsuit.

If you don't pay back your money, you may have the following consequences:

1. Penalty interest. The first consequence of not paying home credit is penalty interest, which is more than 30%-50% on top of the original interest rate of Home Credit loans.

2. Affect personal credit reporting. In addition to penalty interest, the negative information record generated by overdue will affect future loans. Moreover, the overdue record will be reported on the credit, and the personal credit stain will be retained for 5 years.

3. Collected. If the money owed to Home Credit is not repaid, Home Credit will collect it, mainly ** collection.

Fourth, facing prosecution. If the lender fails to pay the loan for more than 3 months, Home Credit will file a lawsuit with the court in accordance with the loan contract, and the court will take property preservation measures, freeze all the bank accounts of the lender, seize the mortgaged property, etc.

Extended information] Loans, which means that banks, credit cooperatives and other institutions lend money to units or individuals who use the money, and generally stipulate the interest and repayment date.

Loans in a broad sense refer to the general term for loans, discounts, overdrafts and other lending funds. By lending money and monetary funds to the bank, the bank can meet the needs of the society for supplementary funds for expanding reproduction and promote economic development, and at the same time, the bank can also obtain interest income from loans and increase the bank's own accumulation.

Recommendations for loan review are to carefully review each loan, and not to base the risk judgment of the loan on past review or creditworthiness. The borrower's past on-time repayment of principal and interest should not be eased or the investigation process should not be reduced.

Establish a system of regular appointments with the legal representative of the borrower and its main management personnel. The appointment period can be determined according to the size of the loan amount, the borrower's production and operation changes, etc. If the loan amount is large, the appointment period should be shortened accordingly.

Loan officers (loan officers, members of the credit review team, members of the credit review committee) and borrowers shall not have improper private contact with the borrower in the lending activities.

The loan officer and his or her immediate family members shall not accept cash, valuable gifts, shopping coupons, etc. from the borrower; must not participate in recreational activities at the expense of the borrower; No reimbursement shall be made to the borrower for any expenses.

For loans with large loan amounts, long periods, or loans used by the borrower for specific purposes, lawyers, accountants and other professionals shall be hired to make professional judgments and provide expert opinions on relevant matters.

if it is temporarily unable to repay, the debtor may repay it in installments; and where they have the ability to repay and refuse to repay, the people's court is to make a judgment to compel repayment.

General Principles of the Civil Law of the People's Republic of China:

Article 108 Debts shall be repaid. If it is temporarily unable to repay, the debtor may repay it in installments with the consent of the creditor or the ruling of the people's court. and where they have the ability to repay and refuse to repay, the people's court is to make a judgment to compel repayment.

Summary. Hello! Glad to answer for you :

If you don't repay the money owed to Home Credit, you will first face penalty interest, personal credit will be tainted, collected, and in serious cases, you may be sued by the platform. Hope mine can help you! I wish you good health and all the best!

Thank you, hello + please ask about the money owed to Home Credit + what will happen.

Hello! I am glad to answer for you: the money owed to Home Credit will first face penalty interest, personal credit will be tainted, collected, and the situation is serious, and it may be sued by the platform.

Hope mine can help you! I wish you good health and all the best! Thank you

32,000 principal and interest of more than 16,000.

The interest is not too high.

Wait a minute. That's a bit higher.

But this depends on how many installments it is into.

Now there is still 4,000 of the principal to be repaid.

How many installments are required?

24 months. This interest is not considered usury.

That's not too high.

More than 600 yuan a month.

There are still 4,000 principal that have not been repaid, more than 10,000 yuan of interest that have not been repaid, and no repayment for three months.

That's normal.

You're overdue.

Home Credit has a large loan amount in small loans, but the interest rate is also high, and many friends have encountered difficulties in repayment, so what will happen to the money owed to Home Credit? Today, I'm going to give you an analysis. Enjoy the "more, faster, higher and simpler" loan experience now.

1. What will happen to the money owed to Home Credit

1. High penalty interest

The first consequence of the money owed to Home Credit is the penalty interest, everyone knows that the loan interest rate of Home Credit is high, and the penalty interest of signing Home Credit money is increased by more than 30%-50% on the basis of the original interest rate of Home Credit loan. This will be a significant expense.

2. Personal life is affected

If the money owed to Home Credit is not repaid, Home Credit will hand over the collection work to a special collection agency, in addition to repeated collection, the larger amount will even come to the door to communicate the debt problem. Or even go to the company to collect.

3. The impact of future loan income

In addition to penalty interest, the bad information record generated by your overdue will affect future loans, credit cards, etc. Moreover, the most important thing is that in the personal credit report of the central bank, the money owed to Home Credit will be reported on credit, and the personal credit stain will be retained for 5 years.

4. The defendant goes to court

If the lender owes Home Credit more than 3 months after the due payment, Home Credit will file a lawsuit with the court in accordance with the loan contract, and the court will take property preservation measures, freeze all the lender's bank accounts, seize the mortgaged property, etc.

2. What to do with the money owed to Home Credit

1. When the lender finds that he owes Home Credit money, the lender should take the initiative to contact Home Credit customer service as soon as possible to seek understanding and forbearance period to avoid Home Credit taking reminder measures. Raise money to repay the loan within the forbearance period you are striving for, or negotiate with the lender to pay the arrears in installments to reduce the repayment pressure, so that Home Credit can see the lender's willingness to repay.

2. If the lender is unable to repay the arrears of Home Credit, then it can only resell the assets as much as possible and use the proceeds to repay the arrears of the loan.

3. If the lender has other assets that can be used as collateral, the lender can negotiate with Home Credit to use the assets as collateral to settle the overdue.

Money owed to Home Credit does not have the following consequences:

1. Loan disputes are civil disputes and are generally not subject to imprisonment. If the other party sues you for overdue payments, the court can enforce it, and you will have to pay double interest on the debt.

2. If the payment is overdue, a penalty interest rate of 150 per day of the overdue amount will be charged, and credit information shall be reported in strict accordance with the requirements of the People's Bank of China and included in the credit investigation. Credit history cannot be revoked due to late payments.

3. If the debtor fails to comply with the court's judgment within the performance period, the creditor may apply to the court for enforcement after the lender files a lawsuit with the court.

4. When the court accepts the execution, it shall investigate the real estate, deposits and ** in the name of the debtor in accordance with the law.

5. In addition, if the debtor does not have the property enforced in its name and refuses to comply with the valid judgment of the court, negative information such as overdue repayment will be recorded in the personal credit report, and it will be restricted from high consumption and entry and exit, and may even be detained by the judicial authorities.

6. If you have the ability to repay but refuse to repay, you are suspected of refusing to enforce the judgment or order.

7. Long-term arrears, malicious overdue, will be included in the credit system, affecting the use of future loans and credit cards, until five years later, the record can not be eliminated, during which you may also encounter ** bombardment, to family, friends to bring trouble to the debt collection mode.

If the circumstances are serious, you will also suffer from prison time, and it is certain that if you owe money for five years, you will still be included in the credit system, which will affect future loans or buying houses. If there is no repayment, this kind of borrowing first and then fraud has been suspected of loan fraud.

Extended information: Consequences of being executed for dishonesty.

1. The release of "Lao Lai's blockbuster" has increased its strength.

2. Customize the exclusive ringtones for the old lai.

In order to jointly punish the lai, the courts in Luoyang, Enshi, Wuhu and other places have reached an agreement with local telecommunications operators to formulate exclusive ringtones for the lai. When the mobile phone is called, the other party will hear the "special reminder of the old man", and the caller will be urged to fulfill the repayment obligation as soon as possible.

3. The whole network inquires about assets, and the balance of Alipay is frozen.

The people's court has the right to inquire about your personal assets, and the Kunming Huangdao Court conducted a network-wide search for assets on a dishonest person, and found that there was an asset of more than 10 yuan in the real-name authenticated Alipay account, and immediately handed over the "Assistance in Freezing Financial Statement" to the Alipay headquarters and received cooperation, and successfully froze the assets in Alipay.

The Guangzhou Intermediate People's Court used new means such as the WeChat platform to release the information of the "old lai", which will help to further solve the "difficulty in enforcement". Last year, 38 cases of execution bounty announcements were issued, and the total amount involved was as high as 100 million yuan.