How to open the micro loan method and process
4hw.com.cn: since the emergence of particle loan in people's life, particle loan has become the first choice for many users to borrow money. After all, particle loan can be borrowed and repaid at any time. Of course, it has attracted the favor of many users! But now, after some users borrow money from micro loan, they have no money, which also leads to overdue. So, what happens if the loan is overdue?
How to open micro loan
What happens if the loan is overdue? First of all, a certain penalty interest will be charged, in addition to the penalty interest. Secondly, if this phenomenon often occurs, it will also affect your credit, and it will be more difficult to get a loan. So you must consider your repayment ability before you go to the loan.
You should know that the amount of micro loan is high and the interest is low, so it has attracted many users to open micro loan. Now many people have borrowed money from micro loan. But now, many people are overdue in micro loan. Many people ask what will happen if micro loan is overdue? Through the above introduction, you should know! Now let's see if you can't afford to pay back the loan, will you go to jail?
Will you go to jail if you can't afford to pay back the loan? It is reported that if the particle loan is overdue, the bank will generally call for collection. If the user still fails to repay within three months, it is likely to face prosecution. It is rare that the particle loan will go to jail if it does not repay the money.