In addition to the credit report at the meeting, the overdue installment will also affect your sesame credit score because of the cooperation with Alipay. At that time, the sesame credit branch will be reduced, which will also have a bad influence.
What happens when the installment payment is overdue by one day?
The possible consequences of overdue installment payment are:
1, less overdue interest is generated, and the overdue fee for one day overdue is still relatively small. It is recommended to repay the loan immediately to avoid high overdue fees.
2. It will affect the credit score of Sesame. There will be cooperation with Sesame Credit in future installments, and Sesame Branch will lower the score according to the overdue situation of users in future installments.
If the installment payment is overdue by one day, a dunning call will be made. If the overdue time is too long, the address book of overdue users will be exploded.
First, introduce in stages.
Future installment is an installment loan service platform serving the Internet elite. Employees of internet startups and all VC fund employees who have received BAT A round investment can get a credit line of 1 0,000 yuan to 500,000 yuan, with the fastest 24-hour loan. Website of Beijing Huanju Times Technology Development Co., Ltd. ..
2. Can I repay the principal in future installments?
We must be clear that any lending platform is not a charity, nor is it a staging. The purpose of borrowing is to make money, and interest is one of the sources of profit. Pay interest on time, not to mention the overdue interest will increase, so that the lending platform can make more money. So in any case, we will not agree to pay only the principal in installments.
However, if the next repayment is overdue for a long time and the interest generated is very large, you can try to negotiate repayment after repeated collection on the platform. After receiving the principal, you can call the installment customer service to say that the principal is ready, and the interest is really unbearable. If you agree to pay by installment, you can repay it immediately.
Remember to euphemistically say that you have tried your best, that you are willing to repay, that you are not not paying back, but that there is really no way out. The principal collected is money borrowed everywhere. It may be that the borrower's sincerity in installment is not bad, and the overdue time is really long enough. In order to recover the arrears as soon as possible, it can be agreed that only the principal will be repaid.
If you don't agree, you can't help it. Even if the borrower repays the principal unilaterally, it is still unable to settle the debt. Many people think that the interest rate of future installments is relatively high, and it is necessary to calculate the interest rate range of future installments, so they can sue for unreasonable interest rates.
According to the provisions of the private lending rate, the annual interest rate of no more than 24% belongs to legal interest and is protected by law; If the annual interest rate is above 24% and below 36%, only 24% interest can be paid, and many borrowers are unwilling to give legal support; If the annual interest rate exceeds 36%, it is not protected by law. This kind of repayment only repays the principal without interest, and the law also supports it.