What would happen if Sichuan merchants didn't have microfinance?

Hello, the failure to repay the small loan means that you have failed to repay it within the time limit. loans overdue may have the following results: 1, resulting in penalty interest. Although the policy of every banking institution is the same, as long as it is overdue, there will be a penalty interest, that is, a certain percentage of interest will be added on the basis of the original interest. 2. Being classified as dishonesty will affect future loans and property purchases. After the deadline, the credit report will inevitably leave a bad record. If the circumstances are serious, it will not only be included in the list of untrustworthy executors, but also affect future real estate loans. 3. facing litigation problems. Generally speaking, after a certain period of time is overdue, the bank will issue a collection notice. If the collection fails, the bank will sue the borrower and safeguard the legitimate rights and interests through legal means.

If you need money urgently, I suggest you choose to spend money to alleviate the short-term financial pressure. "Spending money" is the original Baidu financial credit service brand (formerly known as Baidu Spending money, renamed as "Spending money" in June 20 18), which has the characteristics of simple application, fast loan lending, flexible loan repayment, transparent interest expenses and strong security. The application materials are simple, with the fastest approval in 30 seconds and the fastest loan in 3 minutes. It can be repaid in advance, and the loan can be recycled after repayment. I hope this answer is helpful to you. Click on the bottom of the phone to measure immediately! The maximum loanable amount is 200,000.