1. How soon will loans overdue be prosecuted? If you haven't paid your bill for more than three months, it's very serious. If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property. 2. What if the loan is not paid? When the borrower goes through the loan formalities in the bank, there should be a special loan officer to follow up, and there will also be a special loan officer to follow up in the borrower's later repayment. So if the borrower can't pay off the bank loan in time, it's best to contact the loan officer in time, and then clearly tell the loan officer when he will pay off the bank loan. Generally speaking, if the borrower does not delay for a long time, the bank will consider relaxing the conditions according to the specific circumstances of the borrower. 3. What are the consequences of defaulting on bank loans? 1, a penalty interest will be generated and 50% interest will be charged. Although the policies of each lending institution are different, on the whole, banks will be more accommodating than small loan companies. Credit loans overdue, the lender will first collect the loan, remind the borrower to repay, and the interest rate will rise as a daily penalty. 2. Bad credit records will affect future loans and credit card processing. Every day after you are overdue, your name will appear in the internal system of the bank at the same time, and then the president and risk control will see it. After the deadline, the credit report will inevitably leave a bad record. Once you leave, it may last for three to seven years. If you want to borrow from other banks in the future, you may not be able to apply easily because of bad credit. If the overdue situation is serious, the mortgage and car loan will be affected in the future. Penalty interest is only the loss of money, while bad credit records are the loss of intangible assets, and the impact is irreparable by money. 3. You can't enjoy preferential loans or even apply for loans. When many people apply for a mortgage again, they find that they have left too many overdue repayment records on the old mortgage because of carelessness. In addition to the penalty interest for overdue mortgage repayment, they may not be able to obtain the preferential interest rate of bank mortgage smoothly. What's more, it is impossible to apply for a mortgage. 4, blacklisted, children can not go to key schools, and some "Lao Lai" who deliberately delay bank debts will also be blacklisted. So that you can't fly, high-speed rail, accommodation, etc. ; More seriously, children will not be able to go to key schools; There will be more punishments in the future, so it can be said that life is hard. It is stipulated by law that the mortgagor may transfer the mortgaged property during the mortgage period in Article 406 of the Civil Code of People's Republic of China (PRC). Unless otherwise agreed by the parties, such agreement shall prevail. If the mortgaged property is transferred, the mortgage right will not be affected. Where the mortgagor transfers the mortgaged property, it shall promptly notify the mortgagee. If the mortgagee can prove that the transfer of the mortgaged property may damage the mortgage right, he may require the mortgagor to pay off the debt or deposit the proceeds of the transfer in advance with the mortgagee. The part of the transfer price exceeding the amount of creditor's rights belongs to the mortgagor, and the insufficient part is paid off by the debtor.
Legal objectivity:
Article 92 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks implements classified management of credit card risk assets. The classification criteria are as follows: (1) Normal category: the cardholder can repay the payables in full according to the repayment rules agreed in advance before the due repayment date (inclusive). (2) Category of concern: the cardholder fails to fully repay the payables on the due repayment date according to the repayment rules agreed in advance, and the overdue days are 1-90 days (inclusive). (3) Sub-category: the cardholder fails to fully repay the payables on the due repayment date according to the repayment rules agreed in advance, and the overdue days are 9 1- 120 days (inclusive). (4) Suspicious category: the cardholder fails to fully repay the payables on the due repayment date according to the repayment rules agreed in advance, and the overdue days are 12 1- 180 days (inclusive). (V) Loss category: the cardholder fails to fully repay the payables on the due repayment date according to the repayment rules agreed in advance, and the overdue days exceed 180 days.