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What will a small amount of loans overdue be like one day?

The consequences of micro-loans overdue for one day are not particularly great. Generally, it will not be reported to the central bank for credit information, but it is still necessary to pay off the arrears in time. Overdue micro-loans will affect Tencent's credit score, which may affect the amount and interest of micro-loans in the future. The overdue interest is 50% of the daily interest rate, and the interest for one day overdue of micro-loans is: overdue principal * (daily interest rate+daily interest rate *50%)* 1. Overdue collection, you will receive a collection message or phone call, and the collection will not affect your life for the time being. The consequences of micro-credit overdue for one day are not very serious, but the longer the overdue time, the greater the impact, endangering personal credit and the more overdue interest. It is better to pay off the debt in time.

Extended data micro-loan is a micro-loan tool of Weizhong Bank. Different from many online lending platforms, it is a bank loan product. So if the user is overdue for a long time, the impact will still be great. In addition to uploading the central bank's personal credit information system, it will also generate more related overdue interest. Therefore, in order to avoid bringing more troubles to themselves, users must repay on time. Of course, when users borrow money, they should also choose the loan term and loan amount suitable for them according to their actual situation to avoid the pressure of repayment in the later period.