1, 50% penalty interest and 5/10000 overdue fine will be charged. And it is calculated according to compound interest. The longer the overdue period, the more money you have to pay.
2. After the personal credit report is overdue, it will leave a bad record. With a bad record, it will be very difficult to buy a house, a car and a credit card in a bank loan, including online loans, because now the "Xinlian" has been established, and both banks and online loans will receive credit reports in the future. The information of Xinlian is shared by the loan platform. So there will be records in the expired places.
3. A few days overdue, the bank just sends a text message to remind the user to repay. After one month overdue, the bank customer service will call the user to urge repayment.
4. If the user fails to repay after two months, the bank will forward it to the debt collection company, and the debt collection company will call your family and users for collection. Then the attitude will be bad.
If the repayment is not made after three months, the bank will initiate judicial proceedings and bring a lawsuit to the court. At that time, users will receive a lawyer's letter or a court summons. At that time, the court will freeze users' assets, including real estate, cars and bank accounts. If there are funds in the bank accounts, they will be used for repayment and payment of prosecution fees.
6. If you go to court to sue, users will be blacklisted as "untrustworthy". If you are blacklisted, you can't fly, take the high-speed train, stay in a star-rated hotel, be a business leader, be a director, be a member of the board of directors, your family will be implicated, and your children can't go to private schools. If the circumstances are serious, they shall be sentenced to fixed-term imprisonment.
7. Therefore, it is best not to owe money to the bank. The consequences will be serious. The loan should be repaid on time. If you do have difficulties, you can take the initiative to consult with the bank, and the bank will reduce some overdue interest according to the actual situation.
Extended data
Article 207 of the Contract Law stipulates 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 relevant state regulations".
Penalty interest will be charged if it is overdue. From the overdue date, default interest will be charged at the agreed interest rate 150% every day until the payment is overdue. Your overdue record will be collected by the People's Bank of China, which will affect your credit record. Please cherish your credit and repay on time.
If loans overdue exceeds a certain period, the relevant records of overdue users will be transmitted to the personal credit information system of the central bank. In addition to uploading overdue information to the central bank's personal credit information system, Lending will continue to cooperate with third-party credit information agencies such as Qianhai Credit Information, Shanghai Credit Information and Pengyuanzheng Credit Information.
For loans that are overdue or not used according to the purpose agreed in the contract, interest will be charged at the default interest rate from the date when they are used in loans overdue or not according to the purpose agreed in the contract until the loan principal and interest are fully paid off. For the interest that cannot be paid on time, compound interest shall be calculated at the penalty interest rate.
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