What happens if the province is overdue? What should I do if I can t pay it off for the time being

The loan will be stopped and some or all of the loan will be repaid early.

The General Principles of Loans have corresponding provisions for them:

Article 71 In any of the following circumstances, the lender shall charge interest on part or all of the loan; If the circumstances are particularly serious, the lender shall stop paying the unused loan of the borrower and recover part or all of the loan in advance

1. The loan is not used for the purpose specified in the loan contract.

2. Equity investment with loans.

3. Using loans to engage in speculative operations in terms of value, value, etc.

on the credit report. On October 29, 2018, the first batch of online lending platform borrowers' malicious debt evasion information was included in the central bank's credit information system, facing punishment for dishonesty, involving a total overdue amount of nearly 200 million yuan.

A personal credit report mainly includes the following information about consumers:

1.Basic personal identity information (name, date of birth, address, **, employer, etc.).

2.Credit history (repayment history of credit cards and consumer credit).

3.Public records (correspondence payments, utility payments, court judgment records, etc.).

4.Inquiry records (all records of the credit respondent within 6 months).

Save is used as the third repayment method for credit cards other than "bill installment" and "minimum payment repayment". The fastest half-hour approval can add another saving limit for users in addition to the credit card limit, which can be used to repay credit card bills, and the interest rate is 6% off the minimum repayment interest rate (annualized) of the credit card.

In case of overdue, the province will upload your overdue behavior to the credit information system of the People's Bank of China, and a one-time late fee of 5% of the unpaid principal will be charged, and the overdue penalty interest of the unpaid principal will be charged every day from the last repayment date. So don't make late payments.

This platform is linked to credit information, and it doesn't matter if it's overdue for one or two days, the platform will have a tolerance period, giving you a few more days to repay. However, once this time limit is exceeded, it may be subject to credit investigation, which will affect future loans, so it is best not to have a bad record such as overdue.

Remember to keep your good credit record at all times, and if you are not clear, you can always pay attention to your online loan big data, just open the WeChat homepage and search: early knowledge data. Click to query, enter the information to query their own credit data, the data comes from more than 2,000 online loan platforms and UnionPay centers across the country, users can query their own big data and credit situation, can obtain various indicators, query their own personal credit situation, online black index score, blacklist, online loan application records, application platform type, whether overdue, overdue amount, credit card and online loan credit estimate and other important data information.

First, ** collection, the situation is relatively light, and the amount is relatively small** and text messages.

Second, door-to-door legal collection, this is taken when the amount is relatively large and you don't want to sue.

Third, the prosecution will only be like this if the amount is huge and the amount is seriously overdue.

This is a legal online loan practice, some illegal online loans are more violent, you need to pay attention to collect evidence of violent collection, and then call the police to protect yourself.

The data comes from more than 2,000 online loan platforms and UnionPay centers across the country, and users can query their own big data and credit status, obtain various indicators, query their personal credit status, online black index score, blacklist, online loan application records, application platform type, whether it is overdue, overdue amount, credit card and online loan credit estimate and other important data information.

It will affect the credit investigation of individuals.

There will be no consequences for the loan money:

1. If there is really no ability to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments.

2. If the lending institution fails to perform the court judgment within the performance period after winning the lawsuit, it will apply to the court for enforcement.

3. When the court accepts the compulsory enforcement, it will inquire about the real estate, vehicles, ** and deposits in the name of the lender in accordance with the law.

4. If the lender has no property in his name that can be enforced and refuses to perform the effective judgment of the court, there will be negative information such as overdue repayment recorded in the individual's credit report and will be restricted from high consumption and entry and exit, and may even be subject to judicial detention.

It is best not to overdue, whether it is an online loan on credit or not.

You must know that once an online loan is overdue, it will not only face high overdue fees, but also face fancy collection by the platform.

In addition, personal credit will also be harmed, although most of the online lending platforms in the market have not yet accessed the central bank's credit, but they also have access to online loan big data.

If there is a stain on the big data of online loans, such as overdue or frequent loan application records, then the loan application is easy to be rejected.

It is recommended that you take good care of your credit and online loan big data, and you can try to get a copy of your own online loan big data report on WeChat: "Raindance Quick Check" and other data query platforms to analyze your credit situation.

Summary. What should I do if I can't pay it off for the time being

In this case, there will generally be a grace period of a few days, if it takes a long time for the rest of the money to be careful, it is recommended to call customer service directly to negotiate the return of the pants, which can reduce some late fees.

What should I do if I am overdue and sued?

They said the indictment had been sent to the local court.

They themselves are not regular public princes, they can't sue you at all, but you can sue them, this police are very experienced, if you are afraid, you can call the police to see what the police say, and you can even not pay back, but you can't stand their harassment.

Good. It's not a regular company, why is this also on the credit report

The establishment of online loan products needs to be reported, and excessive interest rates are not protected by law.

Legal analysis: If the province fails to repay within the time limit, it is a civil dispute and will not be investigated for criminal responsibility and imprisoned. After the creditor files a lawsuit with the court and wins, if the debtor fails to perform the court judgment within the performance period, the creditor can apply to the court for enforcement.

In cases where there is capacity but refusal to enforce the judgment, it is suspected of the crime of refusing to enforce the judgment or ruling.

Legal basis: Article 111 of the Civil Procedure Law of the People's Republic of China.

Where litigation participants or other persons exhibit any of the following conduct, the people's courts may impose fines or detention on the basis of the severity of the circumstances; where a crime is constituted, criminal responsibility is pursued in accordance with law

1) Fabricating or destroying important evidence, obstructing the people's courts' trial of cases;

2) Using violence, threats, or bribery to prevent witnesses from testifying, or instigating, bribing, or coercing others to give false testimony;

3) Concealing, transferring, selling, or destroying property that has already been sealed or seized, or property that has been inventoried and ordered to be kept, or transferring property that has been frozen;

4) Insulting, slandering, framing, beating, or retaliating against judicial personnel, litigation participants, witnesses, translators, evaluators, inquest personnel, or persons assisting in enforcement;

(5) Obstructing judicial personnel from performing their duties by violence, threats or other means;

6) Refusal to perform on a judgment or ruling of a people's court that has already taken legal effect.

People's courts may fine or detain units that exhibit any of the conduct provided for in the preceding paragraph; where a crime is constituted, criminal responsibility is pursued in accordance with law

Article 255:Where the person subject to enforcement does not perform the obligations set forth in the legal documents, the people's courts may employ or notify relevant units to assist in employing restrictions on leaving the country, recording and publishing information on non-performance of obligations in the credit reporting system, and other measures provided for by law.

Article 313:Where a people's court's judgment or ruling has the ability to be enforced but refuses to do so, and the circumstances are serious, a sentence of up to three years imprisonment, short-term detention, or a fine is to be given; where the circumstances are especially serious, the sentence is between three and seven years imprisonment and a concurrent fine.

Where a unit commits the crime in the preceding paragraph, the unit is to be fined, and the directly responsible managers and other directly responsible personnel are to be punished in accordance with the provisions of the preceding paragraph.

Summary. Hello, I'm glad to answer for you, the province is generally not prosecuted within 3 months of overdue, and the overdue fee will generally be charged and affect your personal credit. Shengbei is a small online loan, and the amount is generally not too large, unless the situation is particularly bad, otherwise there is a high probability that it will not go to the step of prosecution, after all, they also have to consider the collection cost and success rate.

Will I be prosecuted if I am overdue? What if you really can't do it.

Hello dear, Dan is not happy to answer for you, the province is overdue within 3 months will generally not be sued, overdue will generally charge the corresponding fees and affect your personal credit. Unless the situation is particularly bad, there is a high probability that it will not be sued, after all, they also have to consider the cost of collection and the success rate of rent inspection.

If you fail to repay the loan within the time limit, the platform will treat you as defaulting and will charge a late fee of 5% of the principal. A certain amount of late penalty interest will also be charged according to the contract.

Late penalty interest may add to your burden. 2. Fancy collection by the platform. You may encounter **, text messages, door-to-door collection and other collection behaviors; 3. The record is uploaded to the credit system, if you are overdue, the province will upload your bad record to the credit system, which will affect your loan business.

According to Article 675 of the Civil Code, the borrower shall return the loan within the agreed time limit. Article 676 of the Civil Code provides that if the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or the relevant prudent provisions of the state.

Summary. If it is temporarily unable to repay, the borrower can negotiate with the creditor to repay in installments or deferred repayment, and the parties are filed because of the arrears dispute.

Will I be prosecuted if I am overdue? What if you really can't do it.

If the borrower is temporarily unable to repay, the borrower can negotiate with the creditor to repay the silver leakage in installments or postpone the repayment.

If you are overdue for 3 months, you will generally not be prosecuted, and the overdue will generally charge the corresponding fee and affect your personal credit. 1. Affect personal credit: Most of the lenders in the province are banks or financial institutions, and some institutions will check the credit before lending, and the loan record will also be on the credit.

If it is overdue for three months, the overdue repayment record will also be uploaded to the credit of the People's Bank of China, which will affect personal credit, 2. Late payment fee: 5% of the principal repayment at the end of the current period will be charged as a late fee if it is overdue for three months. 3. Penalty interest:

Starting from the last repayment date, the final principal will be charged as penalty interest every day for these three months. 4. **SMS collection: After the canopy is overdue, the borrower will be collected, usually in the form of SMS, ** and other forms of collection.

5. It is possible to be sued: if the standard for prosecution has been reached for three months after the deadline, the province may sue the borrower and apply to the court for enforcement.

1. When you find that your repayment is overdue, the first thing to do is to pay off the arrears in time through the repayment mobile app. If you can't afford to pay that much money at once, you can raise money like this:

1) Borrow money from relatives and friends. At this time, personal credit is more important than anything else, and there is no need to take special care of face.

2) Take some of your valuables to a pawn shop or sell them on the second-hand market.

2. You can take the initiative to contact the customer service staff of the repayment after the repayment is overdue, and strive to postpone the repayment. In addition, you can also explain the reason for the overdue to the other party through **, and strive to gain the understanding of the other party. After all, it is based on the actual situation to determine whether to upload overdue information to the credit reporting system.

Extended information: 1. The consequences of overdue repayment are:

1. After the overdue, the system will report the overdue information to the central bank credit information system, and truthfully record the relevant information of the overdue.

2. A one-time penalty will be charged for the amount of 5% of the current repayment. For example, if the current bill amount is 10,000 yuan, then the liquidated damages are 10,000 5% = 500 yuan.

3. If the overdue penalty interest is charged on a daily basis, and the repayment amount of the current period is charged daily, for example, if the repayment amount of the current period is 10,000 yuan, then the daily overdue penalty interest is 10,000 yuan.

2. Remedies for overdue periods:

1.If the overdue time is short, you can choose to communicate with the bank that it is overdue, which is generally a personal negligence, forgetting the last repayment date, or not going to your personal mailbox to read the bill.

2.If it is only overdue for less than 10 days, you can pay off the arrears immediately, and contact the credit card department of the bank after paying it off, saying that it is overdue because you have not received the credit card bill and repayment reminder SMS, and do not say that it is personal reasons.

3.Of course, you can also negotiate with the bank to repay the loan in installments, but your credit history status is still abnormal in this process, so it is recommended to repay the full amount, unless you are really financially stressed and unable to repay. Remember, as long as you don't run away, don't lose contact, and are willing to negotiate with the bank, you will still be a customer of the bank, not an enemy.

4.For the bank that has restricted the use of the card, negotiate with the bank to express a strong desire to change the card and hope to continue to use the card, even if the limit is reduced, even if the limit is reduced to 10 yuan, it is important to ask the credit card to continue to be used! After 24 months of normal use of this card, the original overdue record has been reversed by the continuous update of the subsequent card record.