Send a text message saying that you won't pay back the money before 5 o'clock

Need to pay back the money quickly. 1. Pay penalty interest: Zhongyuan Consumer Finance needs to pay penalty interest when it is overdue, and the longer the overdue time, the higher the payment fee;

2. Experience collection: Zhongyuan Consumer Finance has no insurance payment, and no one will bear the loss. It will definitely urge the repayment person to repay in time. When necessary, Zhongyuan consumer finance may contact the borrower's close contacts and work units, which may interfere with the borrower's life and work;

3. Bad credit: The audit of Zhongyuan consumer finance shows that the credit conditions are up to standard. If it is overdue, Zhongyuan Consumer Finance will truthfully report the personal overdue situation to the Credit Information Center of the People's Bank of China, resulting in a bad credit record and affecting the future credit life;

4. Being sued by Zhongyuan Consumer Finance: If the borrower is overdue for too long and the amount is too high, it will be sued by Zhongyuan Consumer Finance. The court will force repayment or pay debts with assets. If the borrower refuses to implement it, it will be included in the blacklist of dishonesty and become a Lao Lai.

To sum up, Zhongyuan consumer finance not only bears the consequences of paying penalty interest, experiencing collection, and generating bad credit information, but also risks being sued by Zhongyuan consumer finance. It is recommended that the borrower repay the loan in time. If you have difficulties, you can contact the customer service of Zhongyuan Consumer Finance to see if you can repay in installments.

You may face the following consequences:

1. Economic burden: The default interest of general online loans is calculated on a daily basis. In other words, the longer you default, the higher the penalty interest, which brings you a heavy economic burden.

2. Mental stress: At present, online lending institutions have matching collection methods, and may only send text messages and make phone calls in the early stage of arrears. If the debtor refuses to repay, Zhongyuan Consumer Finance may contact the borrower's close contacts and work units when necessary, which will interfere with the borrower's normal life and work.