Will a credit report be issued if a Tongcheng loan is overdue for one day?

If a Tongcheng loan is overdue for one day, the credit report will not be reported. If the Tongcheng loan is not repaid on time within the specified repayment period, it will become overdue and will be reported to the central bank's credit report system. Go ahead and leave a bad credit record on your personal credit report, even if it's just one day overdue.

The reason why Tongcheng borrows money overdue will be reported to the credit report, that is because the lending institutions that Tongcheng borrows money from are banks and licensed financial institutions, and are naturally connected to the central bank's credit report system, so the relevant Borrowing and repayment status will be recorded in the customer's credit report.

Therefore, customers must pay attention to developing a good habit of repaying on time and try to avoid overdue situations. If it is overdue, you should also find a way to pay off the debt as soon as possible. Otherwise, the longer the delay, the more overdue penalties will be incurred, the more the customer will have to repay, and the adverse effects of overdue will be intensified.

And because most customers bind their bank cards, the system automatically deducts the money on the repayment date. Therefore, customers only need to keep sufficient funds in the repayment bank card and ensure that there is no abnormality in the card status.

Extended information

What to do if the loan is overdue

1. Reasonably use the 3-day grace period provided by the bank after the repayment date. Generally, repayment is made within these 3 days. All are regarded as normal repayments, and no bad credit record will be generated;

2. If the loan is found to be overdue after the grace period, the borrower needs to pay off the loan including penalty interest immediately upon discovery. All bills, and then contact the bank as soon as possible, communicate sincerely and actively, and if necessary, you can also come to explain the situation;

3. If there is an overdue credit report, you can slowly and on time Repay to generate new high-quality credit.

How to avoid overdue loans

Overdue loans have a greater impact. You can start from the following three aspects to ensure that you do not overdue:

1. Repay in advance Payment: Try to repay one or two days in advance, so as to avoid overdue due to system delays;

2. Activate reminders: remind the repayment time through mobile text messages or set notes, so that you can Avoid forgetting;

3. Automatic repayment: Borrowers can set up automatic repayment, so that they do not need to repay manually on the repayment date. The account used for automatic repayment must have sufficient funds.