What are the consequences of blue-collar loans?

If the blue-collar loan is not repaid, it will have the following consequences:

1. Default interest will be charged from the overdue date, and the default interest rate is higher than the agreed interest rate of the loan. At that time, if the customer has been in arrears, the penalty interest will be more and more, and the repayment burden of the customer will become heavier and heavier.

2. The overdue situation will be submitted to big data by the system, leaving a bad record in it, resulting in personal credit damage.

3. The account is likely to be frozen. Even if the customer pays back the money in the later period, the blue-collar loan may not be recovered in the short term, resulting in the customer being unable to borrow any more.

4. Due to credit problems, most customers who apply for loans from other lending companies will be rejected, because lending companies will review their big data. Once negative information is found in big data, they are naturally reluctant to issue loans.

It is precisely because of the serious consequences of overdue payment that customers must pay off their debts in time to minimize the adverse effects caused by overdue payment. Of course, it's best to form a good habit of paying back on time and try to avoid overdue.

Personal credit investigation refers to the activities of personal credit investigation institutions established according to law to collect and process personal credit information and provide personal credit information inquiry and evaluation services according to the requirements of users. Personal credit report is a personal credit history record provided by a credit reporting agency to legitimate information inquirers after processing and sorting out the information collected according to law.

As of 20 15, the database contains 870 million natural persons, of whom 370 million have credit records.

2065438+May 2009, new personal credit information was officially released, and the length and fineness of credit information will be further improved.

The Measures for the Administration of Credit Information Business was deliberated and adopted at the 9th executive meeting of the Central Bank on September 30th, 20021,and is hereby promulgated and shall come into force as of June 30th, 2022.

At present, it is mainly used in various consumer credit businesses of banks. With the continuous improvement of the social credit system, credit reports will be more widely used in commercial credit sales, credit transactions, recruitment and job hunting and other fields. In addition, the personal credit report also provides a way for inquirers to examine and standardize their own credit history behavior, and forms a verification mechanism of personal credit information.

Credit information

1, personal basic information identifies an individual and reflects his family and occupation;

2. Personal credit information formed by the credit relationship between individuals and financial institutions or housing provident fund management centers;

3. Personal credit purchase and payment information formed by personal credit purchase relationship with commercial institutions and public utility service institutions;

4, the administrative organs, administrative affairs law enforcement organs, judicial organs in the exercise of their functions and powers in the process of public personal credit related record information;

5. Other information related to personal credit.

influencing factor

The main factors that may affect the personal credit risk score are: repayment in loans overdue, failure to repay according to the agreed time limit and repayment amount after credit card overdraft, or too many loan accounts and credit cards.

Draft an administrative management bill

Article 25 If the information subject thinks that the information collected, saved and provided by the credit reporting agency is wrong or omitted, he has the right to raise an objection to the credit reporting agency or the information provider and ask for correction.

Credit institutions or information providers that have received objections shall mark the relevant information with objections in accordance with the provisions of the supervision and administration department of credit reporting industry in the State Council, check and handle it within 20 days from the date of receiving the objections, and give a written reply to the dissidents.