Is it true that Baidu has money to sue me? Several messages were sent back and forth.

Hello, Youhuahua is a credit service brand launched by Xiaoman Finance (Baidu Finance), with low reliable interest rate, no need for mortgage, convenient review and fast loan. First of all, as a formal loan brand, there will be no overdue violent collection. At the initial stage of non-repayment, the staff will remind you to repay on time through legal and compliant ways such as text messages and telephone calls. If you have money to spend overdue, you will be fined, just like a small loan. If overdue, penalty interest will be charged on a daily basis. From the date of overdue, a penalty interest of 1.5 times the agreed interest rate will be added to the overdue amount every day until the overdue amount is paid.

In addition, the overdue record of spending money will be reported to the People's Bank for credit information, which will affect your credit record. The money spent will be submitted in strict accordance with the credit management standard of the People's Bank of China, so the money spent on the loan will be creditworthy. If it is overdue, it will also leave an overdue record on your personal credit report.

Finally, overdue loans will affect your future loans. Users who are overdue for a long time cannot continue to borrow money, and they need to pay off all the debts before they can continue to try to borrow money. If overdue occurs frequently, your consumption limit may be reduced or cancelled. It is recommended that you repay on time, so as not to affect your personal credit. Keeping a good loan record will help you pass the loan review smoothly and may get a higher amount.

Similar to Alibaba's borrowing and Tencent's micro-lending, Qianhua is a credit service brand under Baidu Finance, which belongs to a big brand, and its interest rate is not only low but also very reliable. Relying on the advantages of Baidu technology and scenarios, we have the money to bring convenient, fast and safe Internet credit services to users with artificial intelligence and big data risk control technology.