The consequences of Huiren's failure to repay the rent

It is best to repay the loan on time, otherwise it will be overdue. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments; If the lending institution fails to perform the judgment of the court within the performance period after suing the court and winning the case, it will apply to the court for enforcement.

The consequences of Huiren's loan for renting a house without repayment:

1, the penalty interest is high, and the loan penalty interest is the compound interest calculation method. The longer the overdue period, the higher the penalty interest and the greater the personal repayment pressure.

2. collect. After the deadline, the collection staff will keep calling, and will also call the borrower's parents, colleagues, friends, relatives and leaders to let everyone know that you owe money and have poor personal credit.

3. Affect personal credit. Users who borrow a lot and are overdue for a long time will upload their non-performing loan records to the credit information. Once they are blacklisted, their travel, bank loans, children's education and job hunting will be affected.

4. After being sued, the platform will eventually sue overdue users and let the court help recover the arrears.

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