What will happen if Baiqian Finance fails to repay on time?

The consequences are as follows:

1, and bear high overdue fees. ?

2, undertake the platform fancy collection.

Collection is generally divided into three stages:

In the first stage, just a few days after the deadline, the platform customer service MM whispered warmly to remind you that if it is overdue, please repay it on time;

In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that the threat of overdue will face serious consequences;

In the third stage, it was overdue for a long time, and the platform stopped trying to convince the other party and began to take practical actions. ?

Extended data:

Shenzhen Baiqian Financial Services Co., Ltd. (hereinafter referred to as Baiqian Finance), established in February 20 13, is a financial service company headquartered in Shenzhen. Products cover consumer financial services, auto financial services and so on.

Main consumer goods: mobile phones, tablet computers, motorcycles, electric cars, household appliances, fashion consumer goods, etc.

Requirements for service application: China residents+18-55 years old+with fixed income;

Features and advantages: rich optional consumer goods, simple application documents, quick examination and approval, flexible issuance quantity, etc.

Documents required for service application: second-generation ID card+social security card/medical insurance card, household registration book, driver's license, bank card, passbook, bank statement and work card (at least one of them).

References:

Baidu Encyclopedia-Baiqian Finance