Will the address book be exploded if the micro loan is overdue?

This shouldn't be, because this is a formal credit platform, and it will not use that kind of illegal means to collect, so you can use it with confidence.

Micro loan is an online loan product that will give the borrower ** if it is overdue, especially if the overdue person is overdue within a week to a month, and does not accept **. WeLoan will call the contact person** to assist in repayment. As an online loan product, one of the fastest ways to contact borrowers is to call the address book**.

Moreover, for overdue loans of more than three months, micro loans will be outsourced to third-party collection agencies, and most of the methods used by these institutions are bombing, exploding address books, etc., which will inevitably encounter violent collection. Under normal circumstances, the online loan platform will divide the collection into several modules such as M0, M1, M2, and M3 according to different overdue stages. And if it is overdue for a long time, it will definitely be on the credit report, and it will also affect WeBank's rating of you, and it will definitely have a great impact later.

Yes, it will be called to the contact in the address book. In principle, there is no grace period for micro loans, so if the user does not repay after the repayment date, the platform will collect it. According to the user's feedback, basically within 3 days of the overdue will be called to the contact, so it is better to deal with it as soon as possible.

If it is not repaid, the platform may also outsource the debt to a third party, which may be more intense than the platform's collection efforts and standardization. Moreover, micro loan is a product on the credit report, and overdue will leave a stain record on the credit report. If the user only fails on the day of repayment, then it can be done at 24:24 on the day after the repayment date

00 make up, the platform is still the same. At this time, it will not be regarded as overdue, and no penalty interest fee will be charged, that is to say, although the platform does not indicate that there is a grace period for WeLoan, but from the perspective of repayment, it is also possible at 24:00 the next day, and users must seize the last opportunity.

If it is occasionally overdue, then after the overdue, WeLoan will send a text message and call ** to collect, but the borrower himself will be notified. Only if the borrower cannot be contacted, the platform will contact the borrower's family.

In addition to overdue, long lending is not good will also be included in the online loan blacklist, you can go to: Kingfisher data, detect your own long loans, long loans are mainly the recent application of individuals in lending institutions, it is recommended that you can let yourself slow down first, stop all loan-related operations within three months, and the natural risk index will be reduced after three months, and the blacklist will be eliminated.

This should not be called a busting address book, it should be called an emergency contact to contact the borrower.

WeLoan itself is a formal online loan product, which you can also understand as a credit product. If the user is unable to repay the arrears in time, the user's behavior is vicious overdue. WeLoan will send a collector to contact the user, and when the user is still unable to repay the loan normally, the staff will contact the borrower's emergency contact person to recover the arrears in this way.

1. Your behavior is overdue.

Late behavior is a very bad thing for any credit financial product. If you have a situation where you don't pay back, the amount of 40,000 yuan itself is already very high, which will not only involve overdue behavior, which will affect your personal credit report, but also involve fraud. Strictly speaking, as long as the amount involved exceeds 10,000 yuan, the credit company may file a lawsuit in court, and the user may face legal liability.

2. WeLoan will contact the user's emergency contact.

When the borrower is unable to perform the contract normally, WeLoan will contact the user's emergency contact. When the borrower signs the loan agreement, there is a clear mention of repayment in the loan agreement. If the user is unable to repay the loan normally, the lender will contact the borrower's emergency contact person to understand the real situation of the borrower in this way.

Because the amount of money you are involved in is relatively high, I suggest that you do not maliciously overdue, and you can take the initiative to contact the staff of WeLoan, and it is best to negotiate the repayment. <>

3. It is recommended that you repay all outstanding amounts in a timely manner.

The arrears of 40,000 yuan are affordable for many families, and if you really can't repay them normally, I suggest that you confess to your family in time and seek help from your family. As for your arrears, I suggest that you pay off all your debts in one go to minimize the burden of loan interest on you. After paying off your debts, it is recommended that you do not engage in such borrowing practices that exceed your financial means.

Yes, if it is not repaid, there will be some collection companies that keep calling themselves to ask for money, and they will also be on the credit blacklist.

No, your address book will not be used by the other party**, but your personal credit will be affected, your personal reputation will also be affected, and you will be sued by the other party.

Of course not. Because such behavior is illegal, ordinary loan companies do not dare to do it.

Yes, I will come to the door, and mine will also go to the village committee.

Hate online loans, how many Chinese citizens have been harmed by online loans? I never use a credit card, the borrowers, the debt collection agencies say that the borrowers keep me as a contact and text me every day, so I don't have to be afraid of them, who are these people? These unscrupulous companies.

I don't have to pay it back if I consume a dime, it's okay, it's okay if I don't pay it back for 300,000 8 years.

Micro loan collection is one of the lowest discipline companies in online loans, use with caution!

The online loan doesn't explode, do you really think he eats people and spits out bones?

If the micro loan is overdue for 2 days, it will not necessarily contact the family. If the user is occasionally overdue, then after the overdue, WeLoan will send a text message and call ** to collect, but the borrower himself will be notified. The user is often overdue, and there are a large number of overdue records in the credit report, so even if it is overdue for four days, the contact person also has the risk of receiving a collection**.

For users, the most important thing is to repay each installment of micro loan on time, so as to maintain their personal credit.

Extended Materials

1. Is WeLoan a formal platform loan?

WeLoan is a formal platform loan. WeLoan is WeBank.

WeBank is also the first Internet private bank in China.

It has a formal financial institution license, so it is a formal loan platform. However, WeLoan adopts a user invitation system, and only users who have received the invitation can apply for activation, and cannot apply for activation independently.

2. Which bank lends the micro loan?

WeLoan is a loan product of WeBank, and after users apply for WeLoan, in addition to WeBank's loans, some banks also act as WeBank's capital partners to increase the borrowing funds for WeLoan. These banks that provide borrowing funds are: Postal Savings Bank.

Huaxia Bank, Minsheng Bank.

Bank of Shanghai, Bank of Beijing, Bank of Changsha, etc.

3. Is the interest rate of micro loan high?

The daily interest rate of WeLoan is converted into an adult interest rate, which is based on the average loan interest rate of online loan products.

From 18%-24%, the interest rate of micro loans is not high. However, compared with the bank loan interest rate in the same period, micro loans are undoubtedly much higher. Therefore, if the annual interest rate of the micro loan is in this range, the loan interest is not high, and if it exceeds it, the interest rate is relatively high.

4. What is the basis for the amount of micro loans?

The amount of WeLoan is the maximum amount that can be borrowed according to the individual's credit situation, and the amount that can be used is the maximum amount that can be borrowed at present. If you want a higher amount, then you need to improve your overall assessment score. When applying for a micro loan, the applicant's credit report will be checked.

Target. 5. Micro loans can be deferred for a few days.

As an Internet credit loan product, there is still a certain difference between WeLoan and credit card, according to the regulations of WeLoan, there is no grace period for repayment of WeLoan, which means that WeLoan does not support deferred repayment. When the user borrows, the borrower often determines the repayment date, and the borrower needs to repay the loan principal and interest as agreed on the repayment date, and once the borrower fails to repay the loan on time on the repayment date, it will be regarded as overdue repayment.