I borrowed 500 yuan from Xinfu. What will happen now?

I borrowed 500 yuan from Xinfu, but I haven't paid it yet, which will have a little impact on my personal credit information.

At the credit meeting, if the borrower's loans overdue exceeds 15 days, the credit information will be provided to the central bank according to the situation, and the borrower's credit report will be tainted.

The stain on the borrower's credit report will produce the following stain on the borrower:

1. The stain on the borrower's credit information will affect the borrower's borrowing on other lending platforms in the future. At present, most lending platforms will look at the borrower's credit information, and the borrower's credit information is tainted, and the lending platform will not lend to the borrower;

2. The stain on the borrower's credit information will affect the borrower's application for housing provident fund or car loan in the future. When applying for a loan, the borrower will be refused the loan by the lending institution or forced to repay the debt due to trust and wealth;

3. When the borrower applies for a loan, the loan amount will be lower than the normal amount, which will increase the borrower's loan burden. If the borrower applies for a loan, the repayment interest will be higher than normal, increasing the borrower's repayment burden.

Article 118 of the Civil Code of People's Republic of China (PRC) * * * The civil subject enjoys creditor's rights according to law.

Creditor's right is the right of obligee to request a specific debtor to perform or not to perform an act based on contract, tort, negotiorum gestio, unjust enrichment and other provisions of the law. Article 387 Where a creditor needs security in order to ensure the realization of his creditor's rights in civil activities such as lending, buying and selling, he may establish a security interest in accordance with the provisions of this Law and other laws.

If a third party provides a guarantee for the debtor to the creditor, it may require the debtor to provide a counter-guarantee. The provisions of this law and other laws shall apply to counter-guarantee. Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. Article 410 A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.