How long will I be prosecuted if I borrow flowers? Will I really come to the door?

If the flower buds are overdue for more than three months, it will be regarded as malicious overdue. At this time, regardless of the overdue amount, there is the possibility of being sued. There is also a special case where the overdue amount is large. When the overdue amount is large, the flower buds less than 3 months can also reserve the right to sue according to the contract. Therefore, it is recommended that users of Huabai should not exceed three months overdue.

After receiving the SMS or phone call, if the user in Bai Hua still fails to repay the loan, the service provider in Bai Hua will send a dunning letter. Usually this situation is to prepare for future prosecution. Please develop a good repayment habit, repay on time, and avoid being sued after the deadline.

Even if you are not prosecuted, you will face the following consequences:

1, SMS notification, phone dunning.

2. Penalty interest: interest will be generated after the deadline. If it is overdue, it will only be resumed if the principal and handling fee are paid together.

3. Reduce the sesame credit score: Not only your own sesame credit branch will be affected, but also your relatives and friends will be implicated in sesame, and your personal reputation will be reduced. Sesame Credit Branch is below 600.

Moreover, when we use the flower buds, if there is overdue repayment, it is the credit report at the meeting, so users must not use the flower buds for overdue repayment.

In addition to personal credit reporting, Alibaba also has its own credit reporting system, which is our common sesame credit score. Therefore, if the user's flowers are overdue, the corresponding sesame credit score will also be reduced, which will affect various rights and interests when using Alipay in the later period. If the circumstances are serious, people may no longer be able to use Alipay's flower buds, loan buds and other financial services products.