How long will it take for the flowers to expire and the address book will explode?

1, penalty interest and liquidated damages. If the online loan is overdue, the first thing to face is the high penalty interest. After the general online loan is overdue, the platform will charge the borrower overdue interest, which is usually much higher than the actual loan interest rate. In addition, the platform will also charge liquidated damages or late fees. The longer the time, the more overdue fees will be incurred.

2. Credit damage. At present, many online lending platforms are conducting credit reporting. If the borrower is overdue, the loan platform may upload the overdue record of the user to the central bank's credit information system, which will leave a bad record of personal credit information. Although some platforms have no credit information, it is now the era of big data. If one platform is overdue, the borrowing of other platforms will be hindered.

3. Collect in various ways. Whether it is a bank loan or an online loan, after the borrower is overdue, the platform will collect it by SMS, telephone, etc. , and even encountered a door-to-door collection. All kinds of collection methods will affect the normal life of borrowers.

4. Be sued. If the borrower owes a large amount and the overdue time is long, then the lending institution can recover the arrears through legal channels. Although private lending will not involve criminal responsibility after being sued, it will not be imprisoned for arrears. However, if the borrower refuses to repay the arrears after being sued, then the court may include it in the untrustworthy executor, that is, Lao Lai. After becoming an old lai, not only is it hopeless to apply for credit business, but consumption will also be restricted.

Changhanghua may contact his family if he is overdue for two days. There is no clear regulation on how long it takes for a long flight to explode the address book. Some people will burst the address book in a day or two, and some people have not received a collection call for ten and a half months.

Changhanghua can be said to be a credit information platform. To put it simply, after loans overdue, users will have bad credit records. After loans overdue, users need to pay extra penalty interest every day, and the interest will be calculated on a daily basis until users pay off their loans. With the longer overdue time of users, the impact of loans overdue will be the greatest, which will not only bring high economic losses, but also cause great damage to users' personal credit, and will also have various impacts on the handling of various credit businesses in the future.

Changhanghua's application process is simple and the loan conditions are not high. Generally, the age requirement for applying for a loan is a natural person who is between 20 and 45 years old and has full capacity for civil conduct. Secondly, you can provide the mobile phone number, mobile phone operator, relevant work information, personal basic information, repayment ability and so on in the real-name registration system that has been used for more than 6 months. The loan is automatically audited by the whole system, and the audit result is very fast. If successful, the loan will arrive from time to time. After the credit line is received, the user can directly withdraw cash to complete the loan.

Changhanghua is a loan business opened by lending institutions for individual consumers, and according to the feedback from market users, the loan payment rate of this platform is very high. At present, the maximum loan amount of the platform is 50,000 yuan, and the longest service period is 12 months. The specific credit limit depends on the credit limit given by the system according to personal credit matching.