Overdue borrowing by ants has always been the most concerned topic of users. After all, overdue means that they have to bear the corresponding consequences and legal responsibilities, which will not make people panic. What will happen if the ant borrows the money beyond the time limit? Xiaobian will summarize to you today that the five consequences of the official certification of the ant borrows the money beyond the time limit, no matter which one can't bear it!
Consequence 1: record in sesame credit
If the overdue records are recorded in sesame credit, the most intuitive thing is that sesame credit branch is reduced. Sesame credit score not only affects borrowing and spending, but also relates to many other products in life. Once sesame score is greatly reduced, it is likely to affect daily life.
The second consequence of overdue borrowing by ants: uploading to the credit investigation of the people's Bank of China
The official answer is that the overdue records will be uploaded to the basic database of financial credit information, which is the personal credit system of the people's Bank of China. You may be quite unfamiliar with the first statement, but in fact, this product is overdue for credit investigation. Please don't take chances. There is a record of non-performing loans in credit investigation, which will have a great impact on future housing loans and car loans.
The third consequence of overdue borrowing: 1.5 times of penalty interest
Ant loan is a daily interest product. If overdue, the penalty interest will be charged at 1.5 times the normal interest rate. After all, overdue repayment is still due to insufficient repayment ability. Principal + Interest + default interest, according to the amount of repayment, the repayment pressure is undoubtedly greater. If the overdue days are relatively long, it is just the estimation of default interest!
The consequence of overdue borrowing by ants
Early overdue, may receive some collection SMS and call, but if the borrower is still confused, it will be a more severe collection means waiting for you at this time. If the amount is large, the overdue days are long, and even receive the letter of collection notice sent by ant financial services, it is basically preparing for prosecution.
Consequences of overdue borrowing by ants 5: affecting the subsequent use of borrowing
There are a large number of users who have been closed after the deadline, and even some users can't use it again just because of prepayment. The latter can be opened through system re evaluation, but if the loan service is closed due to overdue, it will enter a quite long assessment period. When the loan service can be opened again depends on personal qualification.
No matter which of the above officially certified ants is overdue, it is quite a headache. If it affects sesame score, personal credit investigation and collection, it will have a negative impact on daily life; if high penalty interest and borrowing are closed, users will not be able to experience the borrowing service happily. It is suggested that we should form a good habit of repayment and make repayment on time when using the loan, so as to avoid these headache problems.