What happened to those who failed to repay the Hengyi loan within the time limit?

It is normal to borrow money. Ordinary people want to apply for a loan from a loan company at the first time when they are short of money. Compared with applying for a loan from a friend, the loan company's quota may be higher and more convenient. So what are the consequences of Hengyi Loan?

1. Hengyi Loan will not affect personal credit. If the lending financial institution is formal, the overdue record of the user will be uploaded to the credit information;

2. If the user fails to repay the loan, it will generate additional penalty interest and liquidated damages. However, users need to pay attention to the fact that interest beyond the national standard can be repaid without repayment;

3. For borrowers of informal financial institutions, if the overdue amount is large, they will be harassed by collection calls and text messages. In addition, there will be things like door-to-door collection.

The above is the introduction of this article about the consequences of Hengyi Loan. I hope Duan You can help everyone.

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