Is the IOU overdue? -What are the consequences of overdue IOUs?

What will happen if JD.COM fails to repay the loan on time?

JD.COM Baitiao is the first Internet consumer finance product in the industry. There is no grace period for IOUs in JD.COM, and one day overdue will affect the credit investigation. After affecting the credit information, it will affect the purchase loan. It should be noted that if it is overdue for no reason, such as forgetting, after one day overdue, you can call JD.COM Baitiao customer service to explain that the overdue behavior is unintentional and apply for exemption from overdue records.

First, the consequences of not repaying JD.COM's IOUs;

1, resulting in late fees.

There will be an overdue fee for blank paper. If the repayment is not made in full on the final repayment date, JD Finance will charge a service fee at the daily interest rate of 0.05%. In addition, if the minimum amount is not paid, a penalty of 0.0 15% will be charged every day in addition to the service fee.

2, affect personal credit

Since JD.COM IOUs have been connected to the central bank's credit information system, if IOUs do not repay, the overdue debt records will be reported to the central bank for credit information. At that time, your personal credit report will have a bad credit record and your personal credit will be affected. And white stripes will also affect your white stripe credit.

3, affect the use of white bars

If you don't return the white bill, the system will probably lower your white bill limit to avoid risks, and may even stop the white bill account. And you may never be able to use white bars properly again.

4. Collectibles

After the white form is overdue, you may receive text messages, phone calls, letters, door-to-door collection, and even be sued.

Second, the JD.COM White Paper is an Internet consumer finance product launched by JD.COM. Customers can use white paper to "spend first and then repay". Users can enjoy up to 30 days' deferred payment or up to 24 installments.

"Pay first", enjoy a maximum interest-free period of 30 days and a maximum of 24 installments. Log in to Baitiao official website or Jingdong Financial app Baitiao, and you can enter the page to apply for activation independently. JD.COM mall users are eligible to activate the "white paper" on mall consumption.

According to the person in charge of risk control of Jingdong Financial Consumer Finance Division, the credit business of consumer finance business does not need manual approval, and users are identified through the risk control big data model. The control system after the typhoon will "identify" users according to their shopping habits, credit status and the stability of the receiving address. , combined with various factors and data, and then quickly give the evaluation results of whether the "white strip" is acceptable. Short-term overdue of IOUs will not have much impact on the account. As long as we return the IOUs in time, we can restore the account to normal without affecting the use of IOUs. If it is not repaid for a long time, you will receive a repayment reminder from the platform. If it is not returned in time later, accounts and individuals will begin to be affected.

Will JD.COM's overdue IOUs affect credit reporting?

The overdue repayment of JD.COM IOUs will have the following effects:

1. After the IOUs are overdue, the system may automatically lock your IOUs account, and you can no longer use IOUs for consumption after locking;

2. Overdue IOUs will have a negative impact on your credit;

3. If the minimum repayment amount is not paid off before the repayment date, the system will charge liquidated damages on a daily basis in addition to the daily service fee. In addition, after the overdue IOUs, JD.COM will remind the repayment through letters, short messages, e-mails, telephone reminders, letter delivery, home visits and judicial channels. If necessary, it will also entrust an external agency to remind you.

JD。 The overdue IOUs of COM will also affect the online black index score of users, if the online black index score is too low. The sub-scale of Cyberblack Index is 0- 100. The higher the score, the better the credit. When the score is less than 40, it belongs to the blacklist of online loans. The low score of the Internet Black Index will not only affect the success rate of online lending, but also affect the user's flower beds and loan amount, and even lead to the closure of flower beds and loans.

The impact of the blacklist of online loans on individuals is to apply for new loans, which is difficult to approve again. Although online lending is very convenient now, we must spend rationally, pay attention to repayment on time, and maintain our credit record. Long-term application for online loans must pay attention to your own online loan big data to prevent it from becoming a blacklist of online loans because of blind application.

Just need WeChat search: two white data. Click Query, enter information and you can query your own 100-line credit data, which come from online lending platforms and UnionPay all over the country. Users can query their own big data and credit situation, find this small program to obtain various indicator data, and query their own personal credit situation, blacklist situation, online loan application record, application platform type, online loan credit limit estimation and other important data information.

Compared with the central bank's personal credit report, online lending big data has a wider scope and more diverse institutions. It is a part of personal credit records and a useful supplement to the traditional personal credit report.

Does overdue IOUs in JD.COM affect credit reporting?

It will affect personal credit information. JD.COM's IOUs are overdue, and the overdue records will be uploaded to the Credit Information Center of the People's Bank of China, resulting in bad personal credit information. Personal credit is poor, so it is impossible to handle other credit business. During the overdue period, users cannot use white bars, gold bars and other related loan products. Overdue records shall be kept for 5 years from the date of settlement, and will be automatically deleted after 5 years.

Extended data:

Jingdong Finance is a personal financial business brand under JD.COM Digital Technology Group, and has become a personal financial decision-making platform chosen by many users. Jingdong Finance takes platform, intelligence and content as its core competence, and cooperates with nearly 1,000 financial institutions such as banks, insurance companies and fund companies to provide users with professional and safe personal financial services.

Jingdong Finance has launched nearly 10,000 financial products such as white bars, funds, bank wealth management, small coffers, gold bars, small white cards and small gold cards, covering four business segments of wealth management, lending and insurance in stages.

On February 20 17, at the annual meeting of the group, Liu, CEO of the group, announced JD.COM. 12. COM's future strategy. In the field of financial business, Liu introduced that in the future, JD Finance will enter securities, credit reporting and banking, and will apply for its own bank or hold a bank. Judging from the goal of 20 17, the payment sector has been working hard.

Jingdong Finance has a fund consignment license, an insurance brokerage license and an insurance agency license, and is a licensed consignment platform for funds and insurance products. At present, nearly 10,000 financial products of nearly 1,000 financial institutions are sold on the Jingdong financial platform, which has truly created a professional and safe "personal financial decision-making platform" for users. Product categories cover wealth management, lending and insurance, and are divided into four business segments.

The wealth management section provides users with many star wealth management products including small treasury, bank selection, regular selection, funds, gold and so on; The lending section provides users with personal financial services including consumer credit, cash loans and bank loans, as well as star financial products such as white bars, joint small white cards and gold bars; The staging section provides users with a large number of authentic big-name goods, supports various payment tools and staging methods such as white bars, credit cards and small coffers, and creates a zero-threshold/full-staging shopping scene.

The insurance sector provides users with life insurance, property insurance, endowment insurance, critical illness insurance, medical insurance, freight insurance, extended warranty and other insurance and related guarantee services, and can recommend insurance products according to the actual needs of users.