Xinyi micro-loan is overdue, will you make a credit report at the meeting in two days?

Credit information will not be collected within 3 days after the micro-loan of Xinyi Loan is overdue, but some overdue fees will be incurred, and credit information will be collected after 3 days.

Overdue repayment result:

If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments.

If the lending institution fails to perform the judgment of the court within the performance period after suing the court and winning the case, it will apply to the court for enforcement.

When the court accepts enforcement, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law.

If the lender has no executable property under his name, refuses to perform the effective judgment of the court, and the negative information such as overdue repayment will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

The repayment method of Xinyi microfinance is as follows:

Month-end repayment: the user repays at the end of the second month. Users need to deposit the arrears into the bound debit card before the end of the month, and the new easy loan will automatically deduct the money on the last day of the month. At the end of the month, the arrears will be deposited into the bound debit card, and Xinyi Loan will automatically deduct the money on the agreed repayment date. Please note that Xinyi Loan will send a text message to remind you 5 working days before repayment.

Repayment on the corresponding day: The borrower shall timely deposit the arrears into the bound debit card on the corresponding day T- 1 of the next month after using the loan, and BOC Consumer Finance Company will automatically deduct the amount on the agreed repayment date.