Save the money. What's the impact?

Save on borrowing money. What are the consequences?

There are several main reasons for not being able to repay the loan: the loan record in this province is a credit report. If it is in loans overdue, the lender will upload the overdue record to the PBOC credit information system, so the overdue record will affect the personal credit information; Default interest is calculated on a daily basis, increasing the repayment burden of the borrower; Borrowers will encounter text messages and phone calls.

Personal credit investigation refers to the activities of personal credit investigation institutions established according to law to collect and process personal credit information and provide personal credit information inquiry and evaluation services according to the requirements of users. Personal credit report is a personal credit history record provided by a credit reporting agency to legitimate information inquirers after processing and sorting out the information collected according to law.

As of 20 15, the database contains 870 million natural persons, of whom 370 million have credit records.

2065438+May 2009, new personal credit information was officially released, and the length and fineness of credit information will be further improved.

The Measures for the Administration of Credit Information Business was deliberated and adopted at the 9th executive meeting of the Central Bank on September 30th, 20021,and is hereby promulgated and shall come into force as of June 30th, 2022.

At present, it is mainly used in various consumer credit businesses of banks. With the continuous improvement of the social credit system, credit reports will be more widely used in commercial credit sales, credit transactions, recruitment and job hunting and other fields. In addition, the personal credit report also provides a way for inquirers to examine and standardize their own credit history behavior, and forms a verification mechanism of personal credit information.

Credit information

1, personal basic information identifies an individual and reflects his family and occupation;

2. Personal credit information formed by the credit relationship between individuals and financial institutions or housing provident fund management centers;

3. Personal credit purchase and payment information formed by personal credit purchase relationship with commercial institutions and public utility service institutions;

4, the administrative organs, administrative affairs law enforcement organs, judicial organs in the exercise of their functions and powers in the process of public personal credit related record information;

5. Other information related to personal credit.

influencing factor

The main factors that may affect the personal credit risk score are: repayment in loans overdue, failure to repay according to the agreed time limit and repayment amount after credit card overdraft, or too many loan accounts and credit cards.

Draft an administrative management bill

Article 25 If the information subject thinks that the information collected, saved and provided by the credit reporting agency is wrong or omitted, he has the right to raise an objection to the credit reporting agency or the information provider and ask for correction.

Credit institutions or information providers that have received objections shall mark the relevant information with objections in accordance with the provisions of the supervision and administration department of credit reporting industry in the State Council, check and handle it within 20 days from the date of receiving the objections, and give a written reply to the dissidents.

Finally, the province can't get credit information. What will happen if the province is overdue?

Like other loans, the province collected credit at the meeting. In fact, the money you borrowed was from a cooperative bank in the province. If it is overdue, the consequences will be more serious. Not only will the province not receive credit information, but it will also be charged a high late fee. In severe cases, it will be collected or prosecuted and bear legal responsibility.

Like other loans, the province collected credit at the meeting. In fact, the money you borrowed is from a cooperative bank in the province, so the specific information of your loan will be displayed every time.

A lot of specific information will be filled in when applying. If you go to other lending institutions for loans, the institutions will check your credit information.

Save it. If you don't pay it back within the time limit, the consequences will be very serious:

1, and 5% of the principal will be charged as a high overdue fine. If it is overdue, a penalty interest of 0. 1% will be added daily according to the outstanding principal of the current period.

2, the provincial credit meeting is overdue, affecting personal credit. Overdue records will be recorded in the credit information system, which will affect your personal credit. In the future, if you borrow money from other places, the lending institution can see your overdue records, and the possibility of successful lending will be reduced.

At the same time, if the credit is overdue, you will be affected in the future. Now the overdue record time has been extended to five years, which may have a great impact on you.

3. You may be bombarded by phone calls or text messages. After all, private lending institutions also need to make profits. I'll call to remind you before repayment.

At this time, you should prepare your repayment amount. If loans overdue doesn't pay it back by then, she will send a message or call to collect it first. If you keep it for a long time, you will call relatives and friends, and some will threaten you. If you don't pay it back, you will fall into long-term anxiety and bring a lot of trouble.

4. Malicious overdue will be prosecuted by the whole province. If the province wins the case, it will apply to the court for enforcement, and the court will inquire about your assets and stocks according to law. If you breach the contract for a long time, you will become an old lai, and you will have to bear legal responsibility and severely restrict your exit.

So, you must repay the loan on time. Incorporating credit information will have an impact on your daily travel and life in the future. Overdue will not only affect your credit, but also bring trouble to your family.

Save it. What will happen if it is overdue for one year?

1, once overdue in the province, overdue records will be uploaded to the credit information system, thus affecting personal credit; In loans overdue, 5% of the outstanding principal in the current period is charged as late payment fee, and 0. 1% of the outstanding principal is charged as penalty interest, which aggravates the borrower's debt.

2. After the deadline, the borrower will be collected, which will seriously affect the borrower's life and even be sued by the provincial government, and will not be blacklisted for a long time.

3. It can be said that one year overdue is very long, which not only affects personal credit information, but also has various late fees and penalty interests to pay, which can be said to be very uneconomical.

Save it. I borrowed money. What else is without money?

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 small loan companies are not included in the credit report, and there is a "blacklist" system 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: If you are sued, your assets may be seized. Financial institutions will also arm themselves with laws. If you don't pay the arrears, you will be prosecuted if the amount is relatively large. Once the court makes a verdict, even if you are reluctant, you must execute the "repayment ruling". Otherwise, the court will seal up the property under your name according to law and repay the arrears with the proceeds from the auction. Consequence 5: If the circumstances are serious, you will go to jail. Generally speaking, such incidents as non-repayment of loans are civil disputes 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 court will also investigate the criminal responsibility of the borrower, and if it is too serious, it will go to jail.

Legal basis:

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 2 When a lender files a lawsuit in a people's court, it shall provide creditor's rights certificates such as IOUs, receipts and IOUs, as well as other evidence that can prove the existence of the legal relationship between lending and borrowing. If the creditor's rights certificate such as IOUs, receipts and IOUs held by the parties does not specify the creditor, and the party holding the creditor's rights certificate brings a private lending lawsuit, the people's court shall accept it. The defendant raised a factual defense against the plaintiff's creditor qualification. If the people's court considers that the plaintiff is not qualified as a creditor after trial, it shall rule to dismiss the prosecution.