Is there any impact if the borrowing is overdue for more than a month?

First of all, it is overdue for one month.

The functionality will be restricted, and secondly, it will affect Sesame Credit.

Once again, it will affect personal credit, and it is recommended that users repay the loan as soon as possible.

1. Unable to use borrowing normally: The function of borrowing for one month overdue will be restricted, that is, only the repayment function will be opened, and the borrower will not be allowed to borrow again. Whether it can be recovered in the future will be evaluated by the system from time to time, and humans cannot intervene in the final result.

2. Affect Sesame Credit: Overdue records will be uploaded to Sesame Credit, which will affect Sesame Credit Score.

3. Affect personal credit: Overdue records will be uploaded to the credit information system of the People's Bank of China.

The overdue amount will be permanently stored in the personal credit report, and the settlement will be automatically eliminated after five years.

, you can query your own Baihang credit data, which comes from the country's online lending platforms and UnionPay.

Users can query their own big data and credit status, can obtain various indicator data, query their own personal credit status, blacklist.

situation, online loan application records, application platform type, online loan credit line estimate and other important data information, etc.

Compared with the personal credit report of the central bank, the scope of online loan big data is more extensive, and the institutions issued are more diverse, which is part of the personal credit record and is a useful supplement to the traditional personal credit report.

4. There will be overdue interest: the overdue amount will be calculated according to the multiple of the normal interest rate, which means that the lender must pay three fees of principal + interest + overdue interest in order to settle the loan.

Alipay borrowing overdue on the second day will have a special person to notify its own repayment, generally as long as it is not maliciously overdue, there will be no adverse impact on credit, but long-term overdue will have a negative impact on credit, for refusal to fulfill the repayment obligation, the borrowing official will be sued through the court, by the court to enforce the property under its name.

As a lending tool, overdue records will directly affect the user's credit history. However, from a legal point of view, borrowing does not violate any laws and regulations. Therefore, when signing a borrowing contract, users also need to carefully read the terms of the contract and abide by the contract to protect their legitimate rights and interests.

Extended information: After the personal credit report is blacklisted, it will not be able to apply for loans or credit cards at banks or third-party financial institutions; Life is restricted, unable to travel by high-speed rail, airplane, etc.; For users who have entered the blacklist, if they still fail to fulfill their obligations to pay off their arrears on time, they will face the possibility of being sued by the lending institution.

Borrowers should develop a good habit of repaying their loans on time to avoid overdue situations. Regardless of the severity of the impact, as long as it is overdue, even if it is only overdue for one day, it may still have a certain impact on personal credit. So if you have money, you should pay it back as soon as possible.

If you don't know your credit situation, you just need to search: Quick Card Test I, find this WeChat applet, pull out your online loan debt details and overdue credit status, and formulate a repayment plan according to your own situation.

Borrowing overdue will incur fees, and once there is a negative record, it is difficult to improve the sesame score.

"Borrow" is a loan service launched by Alipay, and according to the different sesame scores, users can apply for different loan amounts. The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is to borrow and repay at any time.

Some netizens complained about Uncle Ma Yun; One of the reasons why I am not optimistic about these Internet companies engaging in finance is that they do not have the experience of receiving users who can't even distinguish between interest and fees.

This part of the business will naturally have an impact on the bank's similar business, after all, the scale of several major Internet giants is there. But not every industry is suitable for the internet. The amount is too low, and the repayment of the principal in installments is a bit of a chicken rib, which is destined to be difficult to replace the position of traditional finance.