Where's loans overdue? 95302 sent me a text message saying that Nanjing Bank asked me to repay in time. What should I do?

Overdue loan is also called "overdue loan" or "overdue loan", which refers to the part of the loan that has not been paid off within the repayment period stipulated in the contract. From the date of overdue, transfer to the overdue loan account, and mark the words "overdue loan" in the header of the loan account.

In order to repay the overdue loan as soon as possible, the loan unit will charge 20% interest on the overdue part. According to the national loan regulations, if the principal and interest cannot be repaid on schedule, it shall be returned with the retained basic depreciation fund, enterprise fund or retained profit, and shall not be squeezed into the cost, occupy taxes or collect profits.

First of all, if it is overdue, it will have an impact on credit reporting according to the length of time. If it is overdue for more than 90 days, you will not be able to apply for any loan business before it is paid off. Secondly, it will cause additional expenses such as liquidated damages and overdue interest. It is not a good thing that the final interest is greater than the principal for a long time. Please be careful.

Bank loans overdue, don't worry, first contact the loan bank to explain the situation before repayment. The late payment fee generated during the overdue period should also be paid according to the requirements of the loan contract, so that it will not have an impact.

Extended data:

Online loan belongs to bond investment, with clear income, and the lender obtains interest income; However, the public often confuses it with equity crowdfunding. Equity crowdfunding is an equity investment with flexible income. Investors get future income through investment companies, such as Beijing North Crowdfunding, 36Kr, etc., all of which belong to equity crowdfunding platforms.

Whether it is bond investment or equity investment, there are certain risks. Investors should fully understand the risks, have sufficient knowledge and mental preparation for taking risks at their own risk, and judge and bear the risks of the project on this premise.

Online lending is different from financial institutions. Financial institutions are managed by "net capital". Banks and trust companies must have their own registered capital, ranging from several hundred million to more than one billion or even billions. Moreover, registered capital is not used for doing business, but a guarantee and a "threshold".

However, due to the low threshold of online lending companies, the government has not yet issued guidance, and platform software can be bought from thousands to tens of thousands. Many people who owe a lot in private lending have bought platform virtual borrowers and virtual mortgages to attract investors to invest at high interest rates.

High interest rates are generally at least 30% per year, and individual platforms reach 50% to 70%.

Peer-to-peer lending seems simple, but it is actually a more complicated model than financial institutions such as banks.

P2P online lending is a new industry and an innovative model of financial industry. Its development process is only a few years, and the market has not yet reached a mature stage.

Many investors and borrowers do not treat this kind of financial products correctly, but blindly pursue high returns, while those who need funds are eager to cash out.

As an online loan company itself, because the original intention of its establishment is only to make profits, its organizational structure lacks professional credit risk management personnel, and it is difficult to grasp and deal with the problems in the operation of the platform, resulting in a large number of bad debts, and finally it can only close down.

Reference: Baidu Encyclopedia-Online Loan