Overdue online loans are not still the consequences

If the borrower fails to repay the loan within the time limit, he or she needs to pay liquidated damages. If the lender chooses to sue, it may be required to force repayment, and the debtor's assets equivalent to the amount owed will be frozen. If the lender fails to provide the loan on the agreed date and amount, causing losses to the borrower, it shall compensate for the losses.

The consequences that will not be encountered by online loans are:

1. Penalty interest and liquidated damages are levied

If you borrow an online loan and do not repay it, the online loan platform will impose penalty interest and liquidated damages on the unrepaid part, which increases the repayment pressure.

2. Encounter various means of collection:

Once overdue, the online loan platform will collect the borrower through various means, such as ** collection.

3. Cause credit stains:

If the borrower still does not repay the loan after being reminded, the online lending platform will upload the borrower's overdue record to the personal credit report, which will affect the personal credit.

4. Sued by an online lending platform:

If the borrower still fails to repay the loan after multiple collections, the online lending platform will sue the borrower to the court to force the repayment.

Extended information: 1: Online loans will affect credit information, and now many loan platforms have docked with credit information, and there will be a large number of loan records when there are more applications, which will be considered high risk by lending institutions.

More online loans will affect your credit information, now online loans are generally on the credit system, apply for more online loans, your credit will have a large number of loan records, which will make other lending institutions think that you are a high-risk customer, and you will be easily rejected when you apply for a loan in the future.

2: Query credit report method:

1. On-site inquiries of the People's Bank of China or its branches: official offline channels.

2. Log in to the official website of the Central Bank Credit Information Center to inquire: the official online channel is more convenient.

3. Bank self-service inquiry machine: Some bank outlets can inquire about the self-service inquiry credit report, take the ID card, stand in front of the machine, and a credit report will be printed, and the specific outlets in each city can be queried.

3: The credit update time after the online loan is repaid.

If it is a late repayment record, it will be kept for 5 years after the loan is paid off, and it will be automatically cleared after 5 years. If it is a normal online loan repayment, it will usually be shown when the credit record is updated monthly.

Operating environment: magicbook

microsoft edge

Consequences of overdue online loans:

1. There will be a high overdue penalty interest;

2. It will be collected by the loan platform in various ways;

3. If the borrower still does not repay after the court judgment may be sued, the lender may apply for compulsory enforcement, and the court will seal and freeze the property of the person subject to enforcement in accordance with the law;

4. Where the person subject to enforcement has the ability to perform but refuses to perform, the court may include the person subject to enforcement in the list of dishonest persons;

5. Where the refusal to enforce the ** section is serious, it may constitute the crime of refusing to enforce the judgment.

The first paragraph of Article 313 of the Criminal Law of the People's Republic of China stipulates that where a people's court has the ability to enforce a judgment or ruling but refuses to do so, and the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, short-term detention or a fine; where the circumstances are especially serious, the sentence is between three and seven years imprisonment and a concurrent fine.

Eagle Heart Quick Check reminds you that if the online loan is overdue, you can deal with it in a timely manner, you can first query your own online loan big data, and then negotiate based on your own situation.

Extended Information: Is Online Lending Legal?

1. Online lending is a kind of private lending and is legal.

2. Online lending is only a form of private lending, that is, private lending concludes a loan contract in the form of an online contract, and fulfills the contractual obligations of providing loans and repaying principal and interest through the online form.

If the online loan is not repaid, it will cause the following adverse consequences:

1. Penalty interest will be charged from the day of overdue until the arrears are fully paid. The longer the overdue time, the more penalty interest will accumulate (note that the overdue penalty interest rate charged by some online loans will also rise compared with the normal borrowing interest rate).

2. The system will report the overdue situation to big data, and some online loans are connected to the central bank's credit information, so they will also report to the central bank's credit information, leaving bad records in it, resulting in personal credit damage.

3. The platform will send text messages and call ** to collect money, if there is no response to sending text messages and calling ** reminders, relevant personnel may be arranged to come to collect money in the future, and even a lawsuit may be filed with the court.

4. Due to credit problems, the follow-up credit business will be hindered, and it is difficult to successfully handle it in a short period of time.

Therefore, it is recommended that you must remember to repay the loan on time after borrowing, and never fail to repay it on time. Of course, if you can't afford to repay the interest fees charged by online loans because they are too high, you can choose not to repay the interest fees beyond the reasonable range.

The big data query platform is basically connected to 98% of the online loan platforms, and the queried online loan data is very comprehensive and accurate. The user's online black index score will be displayed, which can intuitively show whether the user is an online loan black account.

1. Put down the seeds.

After the online loan is overdue, the reason why the borrower does not dare to let the family know is because he is afraid that the family will blame him, and at the same time, he is afraid that his relatives and friends will know that he will not be able to save face. In fact, it has reached this point where the mountains and rivers are exhausted, what can you take into account that you don't have to face? Put down your face first, put it on the ground and rub it, and tell yourself that now that you have no face, you must confess.

2. Find out why.

Find out why you are borrowing so many online loans? Why did you find yourself in such a situation? What did you do with all this money?

If you take all this money and squander it somewhere else, slap yourself hard and tell yourself never to do such a stupid thing again. If the money is used to do business and the turnover of funds is lost, at least it means that you are still a self-motivated person, summarize the reasons for the failure of the business, and start all over again.

3. Prepare for the worst.

What would be the worst outcome after you confessed? How do you deal with it? As parents, there will be a calf protection psychology, they are afraid of the child frightened, often borrow money to help the child pay off the online loan, if you meet such parents, it is a blessing from eight lifetimes, remember to go ashore, never touch the online loan again, even if there is no money to sleep on the street, you must not touch.

If your parents have a bad temper and beat you up and scold you, don't think about it, at least let your parents be mentally prepared when they face harassment by collectors, at least they won't be so angry that they fall over.

4. You have to rely on yourself when you go ashore.

Confessing is just to make yourself feel more relaxed, and if you want to go ashore, you have to rely on yourself. Calm down and analyze, get a credit report on the innocent data and the like, and find out which online loans you currently owe? Which ones are on the credit report?

Which ones are not on the credit report? What can be delayed, slowed down? What is outside the statutory interest rate?

Do it in your heart, discuss the online loan of the money that is on the credit investigation and are eager to repay the money, and see if you can repay the loan in installments? Calculate how much you're going to pay back each month and work hard to make money! There is only one goal every month, and that is to pay back the monthly payment, stick to it for a year or two, and you will successfully go ashore.

Summary. The consequences of overdue repayment of online loans are as follows: 1. High overdue penalty interest will be generated; 2. It will be collected by the loan platform in various ways; 3. If the borrower still does not repay after the court judgment may be sued, the lender may apply for compulsory enforcement, and the court will seal and freeze the property of the person subject to enforcement in accordance with the law; 4. Where the person subject to enforcement has the ability to perform but refuses to perform, the court may include the person subject to enforcement in the list of dishonest persons; 5. Where the refusal to enforce the ** section is serious, it may constitute the crime of refusing to enforce the judgment.

The first paragraph of Article 313 of the Criminal Law of the People's Republic of China stipulates that where a people's court has the ability to enforce a judgment or ruling but refuses to do so, and the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, short-term detention or a fine; where the circumstances are especially serious, the sentence is between three and seven years imprisonment and a concurrent fine.

The consequences of overdue repayment of online loans are as follows: 1. There will be high overdue penalty interest; 2. It will be collected by the loan platform in various ways; 3. If the borrower still does not repay after the court judgment may be sued, the lender may apply for compulsory enforcement, and the court will seal and freeze the property of the person subject to enforcement in accordance with the law; 4. Where the person subject to enforcement has the ability to perform but refuses to perform, the court may include the person subject to enforcement in the list of dishonest persons; 5. Where the refusal to enforce the ** section is serious, it may constitute the crime of refusing to enforce the judgment. The first paragraph of Article 313 of the Criminal Law of the People's Republic of China stipulates that where a people's court has the ability to enforce a judgment or ruling but refuses to do so, and the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, short-term detention or a fine; where the circumstances are especially serious, the sentence is to be between three and seven years imprisonment and a concurrent fine.

The consequences of overdue non-repayment of online loans: 1. High overdue penalty interest will be generated; 2. It will be collected by the loan platform in various ways; 3. If the borrower still does not repay after the court judgment, the lender can apply for compulsory enforcement, and the court will seal and freeze the property of the person subject to enforcement in accordance with the law; 4. Where the person subject to enforcement has the ability to perform but refuses to perform, the court may include the person subject to enforcement in the list of dishonest persons; 5. Where the refusal to enforce the ** section is serious, it may constitute the crime of refusing to enforce the judgment. The first paragraph of Article 313 of the Criminal Law of the People's Republic of China stipulates that where a people's court has the ability to enforce a judgment or ruling but refuses to do so, and the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, short-term detention or a fine; where the circumstances are especially serious, the sentence is between three and seven years imprisonment and a concurrent fine.

1. High penalty interest and liquidated damages(1) High penalty interest means that the lender fails to repay the amount specified in the loan on time within the specified time limit, so as to calculate the relevant high overdue penalty interest. (2) If the debtor extends the overdue time, the higher the prescribed interest will be, but no matter how high it is, it cannot exceed the legal range stipulated by the laws of our country. (3) If the loan is not repaid, the lender will pay the corresponding liquidated damages.

First, the front. The consequences of overdue online loans are as follows.

2. Specific analysis.

1. Penalty interest is generated. After the online loan is overdue, there will be a high penalty interest, which is calculated according to the multiple of the original loan interest, and the longer the overdue time, the more interest will be generated.

2. Collected. After the online loan is overdue, the platform will collect the user's cherry blossoms, and will also contact the user's family, friends, colleagues, etc. In serious cases, it may also hit the user's company or the department of the place of household registration to understand the user's economic situation.

It will affect the normal life of the user and the user's friends.

3. Affect credit reporting. Some of the overdue records of online loans will be reported to the credit information system of the central bank, and once the credit information is affected, if users want to handle credit business such as car loans and housing loans in the future, they will be affected.

4. Sued by the platform. If the overdue amount of the online loan is large and the payment is not repaid for a long time, then the platform may sue the user to the court and apply to the court for enforcement.

5. Blacklisted. If the user is unable to comply with the effective judgment of the court, it will be blacklisted and the user's high-spending behavior will be restricted.

It only needs to be in: Xiaoqi Xincha. Click on the query and enter the information to query your own credit data, check your personal credit situation, online black index score, blacklist situation, online loan application records, application platform type Yu Zhongcong, whether it is overdue, overdue amount, credit card and online loan credit estimate and other important data information.

3. How long will it take for the unoverdue comprehensive score to recover?

There is no exact recovery time.

The comprehensive score is the score given by the system to Pei Xun according to the credit qualification of the lender, if the credit qualification is average or poor, then the comprehensive score will be insufficient.

At this time, you can resubmit the loan information, and the system will re-evaluate. Or maintain a good credit status during this time and wait for the system to update automatically. The timing of the system reassessment is not fixed, so there is no exact recovery time for insufficient composite scores.

1. If the debt is collected, the online loan platform will entrust the relevant institution to collect the debt from the debtor;

2. Be included in the list of untrustworthy persons.

3. Property is frozen or seized. Bank deposits will be frozen, and houses and cars inspected by the group will be seized.

4. Bear high interest. If the online loan is overdue, it will only lead to higher and higher interest rates, and finally bear high interest.

1. How long will the height limit order freeze personal bank cards?

How long the height limit order freezes the bank card depends on the specific reason for the height limit. There are two main cases:

1. If the bank card is limited because it owes money to a financial institution or individual, the bank card will be frozen. The court may directly transfer all cash into the bank card in the person's name to pay the creditor or financial institution;

2. If it is included in the list of judgment defaulters by the state for credit reasons, the bank card will not be frozen.

2. How to deal with the defendant if the credit card is not paid.

The credit card is not yet on the defendant's handling method:

1. Liquidated damages, generally the minimum repayment amount, 5% of the unpaid part;

2. High interest, and it is a rolling interest, and the interest is very scary when there is a lot of arrears;

3. Overdue will stain the credit record, resulting in the inability to handle financial needs such as buying houses and loans in the next 2 years;

4. If the overdue payment has not been paid for more than 3 months, and the amount exceeds 10,000 yuan, and the bank has failed to collect the money many times, it is necessary to bear not only the repayment of the money, but also the possibility of criminal liability. Overdue credit card does not mean that it has not been repaid on the last payment date, but that it is considered overdue when it is not paid on the next month's bill date. Failure to repay the loan within the time limit will affect credit investigation and generate liquidated damages and interest, and in serious cases, it will be sued by the court and imprisoned.

3. What should I do if the bank card has been frozen?

Not necessarily. There are two situations: 1. Money owed to financial institutions or individuals will be frozen!

The court can directly transfer all bank cards that have entered the person's name or cash to celebrate the cash! Payments are made to creditors or other institutions. 2. For credit reasons, the bank card will not be frozen if the state is included in the list of judgment defaulters.

But there is a big impact.

Article 1 of the Several Provisions on the Publication of Information on the List of Judgment Defaulters.

In any of the following circumstances, the people's court shall enter them into the list of judgment defaulters and give them credit punishments in accordance with law:

1) Refusal to perform obligations set forth in effective legal documents despite having the ability to perform;

2) Obstructing or resisting enforcement by means such as fabricating evidence, violence, or threats;

3) Evading enforcement by means such as sham litigation or arbitration, or concealment or transfer of assets;

4) Violating the property reporting system;

5) Violating an order restricting spending;

6) Refusal to perform on the enforcement of a settlement agreement without a legitimate reason.