Is it true that the other party in loans overdue said to contact the village Committee for investigation?

Loans overdue Platform said that contacting the village committee for investigation would not happen under normal circumstances. This is probably because the loan platform wants to scare you. After all, the village Committee has no reason to assist them in their investigation.

According to Article 2 of the Organic Law of Villagers' Committees of the People's Republic of China, villagers' committees are grass-roots mass autonomous organizations that are self-managing, self-educating and self-serving, and practice democratic election, democratic decision-making, democratic management and democratic supervision. Villagers' committees handle public affairs and public welfare undertakings in their villages, mediate civil disputes, help maintain social order, and reflect villagers' opinions, demands and suggestions to the people's governments. The villagers' committee shall be responsible for the villagers' meeting and the villagers' representative meeting and report its work.

All the rights of the above village committees do not reflect where the village committees must assist other platforms. Perhaps the loan platform contacted the village Committee, but it depends on what the village Committee thinks.

However, the loan platform will take the form of litigation to let you repay. Loans overdue. There are both short-term and long-term loans overdue, and the consequences are different due to different overdue periods. But most people have a lot of misunderstandings about loans overdue, and they will regret it when it has serious consequences! Short-term overdue of loans and its consequences Different financial institutions have different definitions of short-term overdue time. For short-term overdue, institutions generally do not take compulsory measures, but will remind them to collect repayment. The consequences are: 1, high fines and liquidated damages. After loans overdue, in addition to repaying the interest and principal, you also need to pay a high penalty interest and liquidated damages.

2. Leave a personal credit stain. Overdue records will be left on the credit report. Even after repayment, overdue records will be kept for 5 years. Overdue records will affect almost all the subsequent financial activities of the overdue person.

3. The institution that receives SMS and phone call will send SMS and phone call continuously to collect overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to return overdue principal and interest within a time limit. Long-term overdue of loans and consequences Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery if they are maliciously overdue for more than 90 days, regardless of the amount. Therefore, if you default for a long time, it is easy to have the borrower's tainted record, which is also the key reminder in the credit information system, which is very serious for personal influence!

Moreover, the retention period of bad credit records of bank loan defaults is 5 years. According to the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident. Bad records will not be discovered by other banks after paying off the principal and interest and liquidated damages for more than 5 years. It is worth noting that the credit stain will remain until the loan is settled. So everyone must cherish their credit records. The retention period of overdue bad credit records of credit cards is 2 years. Credit card repayment information will be recorded by the central bank's credit information system for 24 months. If the card is cancelled, the record will be kept for a long time.

Therefore, it is recommended that credit card users continue to use their cards for two years after paying off their debts. During this period, they can maintain good credit and delete bad records from the credit information system by rolling records. All of the above are based on short-term default. If the overdue information has been uploaded to the People's Bank for too long, pay off the debt and the system will automatically eliminate it after 5 years. It will have a certain impact on individuals and I hope to adopt it.