Is it safe to lend money at Tik Tok Expressway?

There are risks. Can't say it's absolutely safe.

Tik Tok Monthly cooperates with Huawei Consumer Loan Company, a regular bank. If the repayment is overdue, credit collection will be carried out at the meeting. Therefore, when you pay monthly in Tik Tok, you should choose carefully and remember to repay on time, so that your credit will not be affected.

Of course, Tik Tok can rest assured that if the repayment is overdue, overdue records will be uploaded to the credit information system of the People's Bank of China, which will directly lead to bad personal credit information.

The influence of Tik Tok's overdue installment payment;

1, dunning, SMS notification and message reminder in Tik Tok APP will be sent before the repayment date, and telephone dunning may be made after the deadline.

2. The penalty interest will be calculated according to the number of days overdue.

3. The credit impact may be uploaded to your personal credit report and will affect the installment amount.

4. Being sued, seriously overdue and charged with malicious overdraft.