Hello, I suggest you pay it back quickly and stop loss in time. In order to avoid personal credit damage.
The so-called training loan is actually a loan service prepared by training institutions in cooperation with some loan platforms for students who want to receive training but lack funds. Most of these loan platforms are online platforms, which are basically approved by the China Banking Regulatory Commission.
Therefore, if the borrower trains loans overdue, it will definitely be registered in the personal credit report. If the borrower does not pay back, personal credit will leave a very serious bad record and personal credit will be greatly damaged.
High penalty interest
From the actual feedback of most users, the overdue penalty interest of training loans is relatively high. The penalty for most scientific research loans is 0.5 times of 65438+ overdue bills in the current period. If the borrower fails to repay the loan for a long time, the penalty interest will roll up. If it continues to develop, it is likely to be unbearable for borrowers.
Second, how to deal with training loans overdue?
Overdue training loans can be handled in the following ways:
First, repay the loan as soon as possible and repair the overdue.
Second, take the initiative to contact the platform customer service and negotiate the repayment time and method to avoid overdue again.
As a financial consumption product, training loans should be used with caution to avoid excessive repayment pressure and inability to repay, which will affect personal credit information and personal life and travel.
Third, when I was in college, I helped loans overdue. Does it matter to get a loan from an Android or Java training school?
It's okay. The training base loan is not a bank loan. You can finish that course and change when you find a job. I was trained, too. It's okay.
Fourth, how to deal with overdue campus loans?
Consequence 1: penalty interest and liquidated damages. If the loan is not repaid, the first thing you encounter is a high penalty interest. Some financial institutions need you to pay liquidated damages on the basis of penalty interest. These expenses add up to a lot of money. Consequence 2: Credit damage. If you borrow money from the bank and fail to pay it back within the time limit, your personal credit report will be stained, and it will be more difficult to apply for credit cards and loans in the future. Even if the company is not included in the credit report, there is a "blacklist" system that * * * enjoys in the circle. If a company does not pay back, it will be difficult to approve other loans. Consequence 3: being collected by various means. Banks and small loan companies have their own collection systems. Novices will send you text messages and call you to collect money. In serious cases, there will even be a collection staff pressing you around the clock, which will seriously disrupt your work and life. Consequence 4: Being seized, assets may be seized. Financial institutions will also arm themselves with laws. If you don't pay back the arrears, if the amount is relatively large, you will be paid. Once the court makes a verdict, even if you are reluctant, you must execute the Repayment Decision, otherwise the property under your name will be sealed up according to law, and the proceeds from the auction will be used to repay the arrears. Consequence 5: If the circumstances are serious, you will go to jail. Generally speaking, such incidents as borrowing money and not paying it back are civil and will not rise to the criminal level. However, if the borrower refuses to implement it, it will be considered as a deadbeat and would rather run away than pay back the money. If the circumstances are very bad, the borrower will be investigated for criminal responsibility, and if it is too serious, it will go to jail.