What you want to ask is, if you owe inclusive finance seven years, will your bank card be frozen? Do n't move
If the loan is not repaid, the lending institution can sue. If the parties fail to repay the loan, the lending institution will collect the loan from the parties according to law, and bring a lawsuit to the court to freeze the bank card according to the loan contract.
Bank card refers to a credit payment tool issued by commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank card reduces the circulation of cash and checks, which makes the banking business break through the limitation of time and space and undergo fundamental changes.
What are the consequences of inclusive finance's loan?
Failure to repay the loan from inclusive finance will have the following consequences:
During the period of loans overdue, the loan institutions made dunning to users, which affected the daily life of users. Overdue will lead to overdue penalty interest, liquidated damages and other expenses; At the meeting, it was said that the credit record was overdue, which led to poor credit information for users and made it impossible to handle other credit information business. Therefore, the inclusive finance loan will not have more serious consequences. Users must repay as soon as possible after overdue, so as to reduce the negative impact of overdue records.
Personal credit information system, also called consumer credit information system, mainly provides personal credit analysis products for consumer credit institutions. With the improvement of customers' requirements, the data of personal credit information system is no longer limited to the traditional operating fields such as credit records, and attention is gradually shifted to the business fields that provide comprehensive social data services.
Personal credit information system contains extensive and accurate consumer information, which can solve the restriction of insufficient customer information on enterprise marketing and help enterprises contact target customers in the most effective and economical way. Therefore, it has high market value. The application of personal credit information system has also been extended to direct selling, retail and other fields. In the United States, one-third of the profits of personal credit reporting agencies come from direct sales or database marketing. Personal credit information system has been widely used in enterprise marketing activities.
The head of the business management department of the People's Bank of China, the competent department in charge of the personal credit information system, concluded that the personal credit information system is a "credit file" (that is, a personal credit report) established by a specialized agency for everyone, and then provided to government agencies such as banks, data subjects, financial regulatory agencies, and judicial departments. This kind of activity of enjoying credit information between banks through third-party institutions is credit investigation. With the intervention of the credit bureau, when you borrow money from the bank, the account manager can check your credit report with your consent, so as to tell you whether you can provide the loan as soon as possible and save time.
On the one hand, personal credit information system is a tool to prevent financial risks and maintain financial stability. On the other hand, it also promotes the establishment of social credit system. Specifically, personal credit information is divided into three parts. The first part is personal basic information, the second part is credit information, and the third part is non-bank information. Personal basic information includes personal identity, spouse identity, residence information, occupation information, etc. Credit information includes bank credit information summary, credit card quasi-credit card information summary, loan information summary, loan guarantee information summary for others, etc. Non-bank information refers to personal insurance and payment information, housing provident fund information, road maintenance fees, telecom users' payment, etc.
According to the actual situation, the system information will also include the customer's own statement. This information does potentially affect individuals' lending behavior in banks.
What happens if Ping An Pratt & Whitney can't repay the loan?
Ping An Pratt & Whitney is a lending institution under China Ping An Group, which mainly provides loan services for small and micro enterprises and individuals. If you apply for a safe and inclusive loan and don't pay it back, there will be these consequences: affecting personal credit; Loans and cards are blocked; Generate penalty interest; Being sued, travel is affected.
Ping An Pratt & Whitney is the general name of the joint venture company of China Ping An Insurance (Group) Co., Ltd., which is engaged in financing guarantee, financing consultation, microfinance and other businesses. Assist small and micro business owners, individual industrial and commercial households and ordinary wage earners to obtain professional loan services, and help the development of China's real economy.
After years of rapid development, Ping An Pratt & Whitney has grown into a professional model in terms of comprehensive strength and corporate governance: it has excellent international management team and rich experience in credit business management; Through innovative credit technologies such as face recognition, micro-expression, artificial intelligence technology and anti-fraud scanning, the risk management and control ability has been continuously improved, and the steady and leading risk management ability has also continuously optimized the asset risk performance; Diversified loan plan provides customized services for borrowers and high-quality loan choices for the general public; At the same time, the online application process and offline consulting services continuously improve the service experience. At present, Ping An Pratt & Whitney business covers more than 300 cities across the country. The online remote team of more than 7,000 people provides professional consulting services for 7×24 hours, and has strong foreign business cooperation ability to build a loan ecosystem. It has served more than 1 1 10,000 customers and helped them obtain loans of more than10 billion yuan. Ping An Pratt & Whitney will continue to adhere to the four driving forces of customer inclusiveness, product inclusiveness, channel inclusiveness and social inclusiveness, and practice inclusive finance with the brand concept of "responsible finance and inclusive lending".
In the future, Ping An Pratt & Whitney will continue to strengthen the promotion of inclusive finance under the background of Ping An 3.0 era, and strive to help small and micro business owners, individual industrial and commercial households and ordinary wage earners obtain better loan services, and build the most trustworthy and preferred inclusive finance brand in the world.
What will happen if you owe inclusive finance three years?
1. The company will urge the debtor to repay by telephone, text message, etc.
Second, there will be high liquidated damages and penalty interest.
3. If negotiation fails, the company will also sue the debtor to the court, apply to the court to seal up the debtor's property and claim repayment. If the other party sues you and you fail to repay the debt within the prescribed time limit, the court has the right to enforce it.
Fourth, overdue records will be uploaded to the credit information system of the People's Bank of China, causing credit stains.
Expanding knowledge: calculation and judgment of outstanding interest on loans
First, how to determine the interest period. Interest shall be calculated from the date of borrowing, and when interest is settled according to the contract or regulations, compound interest shall be calculated from the date of default. There is no doubt, but it is not clear when interest or compound interest should be calculated.
One view is that the interest and compound interest of overdue loans should be calculated to the due date of performance determined by the judgment, and the borrower fails to repay the principal and interest of the loan on time. The bottom line of civil liability for breach of contract should be the due date of performance determined by the court judgment. Once the judgment determines the payment date, the borrower may not continue to breach the contract after the judgment takes effect, which is the coercive, binding and executive power of the court judgment. If the borrower still fails to pay off after the expiration, the borrower shall bear the responsibility of delaying the performance of the court's judgment according to the provisions of Article 232 of the Civil Procedure Law of China, that is, paying double interest on the delayed performance. If the borrower pays off in advance before the expiration of the performance period determined by the judgment, the interest payment shall be reduced accordingly on the basis of the judgment. This is a voluntary settlement between borrowers and does not violate the law.
Another view is that the interest and compound interest of overdue loans should be calculated until the actual repayment date, and the borrower fails to pay off according to the performance period determined by the effective judgment, which is not only an act of refusing to perform the court judgment, but also a continuation of the lender's breach of contract. An act has two natures. A loan policy enjoys two kinds of creditor's rights for the convenience of borrowing money, namely, payment of deferred performance payment and liquidated damages, and is allowed to choose one of them. There is also a view that the interest on overdue loans should be calculated until the date when the lender is sued. Because the people's court's review and judgment on loan contract dispute cases should focus on the focus of disputes between the two parties and be limited to the creditor's rights of the parties, and the court's judgment should not exceed the creditor's rights of paying loan interest; When the lender brings a lawsuit, the people's court decides that the borrower pays the loan and interest, which is an objective determination of the facts of the case, that is, the principal and interest of the loan owed by the borrower to the lender at the time of court acceptance should only stop at the time of prosecution, and then increase due to litigation delay and judgment, which is not the factual scope of dispute between the two parties at the time of prosecution.