What happens when oranges expire?

1, probably on credit. Due to the complexity of funders, many users have different funders. For example, CITIC Finance, if the user's fund is it and it is overdue, will definitely have a negative impact on personal credit. Therefore, it is better for everyone to repay in full and on time after using the orange quota. Because the matching investors are different, some users, such as CITIC Finance, receive the credit information of their loans and repayments, while others will not be displayed in the credit report, but it will always have a negative impact on personal credit, so it is not recommended to take risks.

2. Affect the credit business. Even if the user's matching funds are not credited, once they are overdue, they will be reflected in the online loan big data. It will be very difficult to apply for a loan successfully in the future. There will be records on big data, and applications to other platforms may be directly rejected by others.

3. Charge penalty interest. The penalty interest is calculated from the overdue date of the user. The longer the overdue period, the more penalty interest. Therefore, if the user is overdue for three months, in addition to the principal interest to be repaid, the penalty interest is also a big expense.

You may be sued. The severity and duration of overdue are closely related. Generally speaking, if the user is overdue for more than three months, there may be cases of online debt evasion and prosecution in court, because this is a serious overdue behavior. On the other hand, if it is only a few days overdue, the lending institution will usually ask for repayment.

The consequences of overdue oranges are very serious, which may be credit and big data; Be charged the corresponding penalty interest; It will even be hanged or even sued by the platform network. In order to avoid these situations, I suggest that everyone must repay in full and on time.

In general, it may rely on credit and big data; Will be confiscated and charged the corresponding penalty interest; It will be broken or even sued by the platform network, and the consequences are still very serious.