Automatic deduction time for paying e-loan

The automatic deduction time of Fu E loan is set according to yourself. Generally, you need to go to a bank outlet to sign a credit contract. After logging in to mobile banking, click I want to repay to complete the repayment transaction. If you feel that you may forget the repayment time, you can set the automatic deduction time, which is also set according to your personal situation.

What is the reason for the failure of automatic deduction?

Automatic deduction usually fails for several reasons. One is that there is not enough money. Many people will receive a text message reminding them that the deduction failed. At this time, they found that there was no money in the account that should be deducted. At this time, they will transfer the money in, fearing that the system will not automatically deduct the money, and they can choose to repay it manually. The second is that the status of the bank card is abnormal, and there may be situations such as freezing loss reporting. At this time, you can contact customer service for consultation and then operate repayment. If the repayment is overdue for these reasons and some interest is generated, it is actually not cost-effective. You can set up information with your mobile phone and remind yourself to repay one day in advance every month to ensure that the balance in the repayment account is sufficient, which can also ensure the success of repayment.

Is there a penalty interest in loans overdue?

Fu e loan has a penalty interest on overdue loans. Overdue is not only a penalty interest problem, but also may affect the credit investigation. After the production line is overdue, the credit report will inevitably produce bad records. If the time exceeds 90 days, it may be included in the list of dishonesty and enforced. Being included in the untrustworthy list will affect a series of restrictions, such as not being able to take planes or trains. Loans overdue's interest is really a big expense. Not to mention the high cost of penalty interest, it is a very troublesome thing to calculate overdue interest. More importantly, once there is a record of overdue, it will be very difficult to borrow money here in the future. You'd better repay it on time.

In short, if it is possible not to borrow, then don't borrow, because borrowing may have a certain degree of influence. It will have a great impact on our life and work.