What should I do if the debt is overdue?

JD。 Commercial paper belongs to credit products. If the bill IOUs fail to pay off the minimum repayment amount before the repayment date, and the instruction IOUs fail to pay off before the repayment date, it is overdue. Overdue IOUs will have the following consequences:

1. overdue penalty interest: if the minimum repayment amount is not paid off before the repayment date, the system will charge you liquidated damages on a daily basis. At present, the overdue rate of IOUs in JD.COM is 0.07%/ day, and liquidated damages will be charged on a daily basis.

The calculation formula of overdue fee in bill system is: total amount of liquidated damages = total unpaid amount × liquidated damages rate × days of default; The calculation formula of overdue fee for order-based IOUs is: total liquidated damages = total unpaid amount (all unpaid principal+all unpaid installment service fees) * liquidated damages rate * days of default.

2. Overdue treatment: you will not be able to participate in the overdue IOUs, and reserve the right to provide your default information to relevant government departments, industry supervision and management institutions or other legally established credit management institutions. If it is overdue for a long time, it may cause the white strip to be unusable and receive a reminder. I suggest that you keep good consumption habits, pay back on time, accumulate good credit and enjoy better financial services.

What happens if JD.COM's IOUs are overdue for one month? First of all, there will be overdue interest, because according to the regulations of JD.COM IOUs, the repayment can be delayed for 30 days, and after that, there will be corresponding fees according to the charging standards, and their charging standards will be longer and longer with your overdue, and the standards will be higher and higher. Secondly, fin will also have an impact on your personal credit information, and it will be eliminated after you pay off the debt for a period of time. If you don't pay it back all the time, it will have a great impact, so what will be the specific impact? Let's call it a day.

Point 1 affects personal credit information.

If you don't pay it back for a long time, it will leave a stain on your personal credit, and these stains will accompany you for a long time, during which you will become a blacklisted user of various banks. It is also very difficult to apply for a credit card or loan. And blacklisted users are shared among banks.

Point 2 may bear legal responsibility.

If you owe a large amount, if you don't pay it back for a long time, you will be prosecuted and eventually punished by law, and all the property under your name will be sealed up by law.

The third point is about collection.

If you don't return it at first, the plot is still not serious. They will call you to remind you, or send text messages to your friends or family. If you are in arrears for a long time, they will take action and will come to collect it. Either of these two points has a very bad influence on us. If it does happen, maybe we will be embarrassed in front of our family and friends.

The fourth point is to bear high overdue fees.

There will be a corresponding fee after you start overdue. And the overdue fee is different from your interest, it will accumulate, and the charging standard is not low, which may eventually lead to your inability to pay off.

This is all my answer to this question. I hope it will help everyone. Thank you.