Wancheng Finance sent me a short message.

If you borrow it, it's true; If you don't borrow it, it's fake!

For some malicious overdue users, the relevant lending institutions/platforms will adopt certain dunning methods, such as sending short messages and making phone calls, but they will receive dunning information, so they should learn to distinguish the authenticity of short messages by themselves. Under normal circumstances, if the lender is really sued, then you can see the specific situation in the relevant lawyer network/firm, and you can distinguish the true and false through inquiry.

When you receive this kind of short message about the trial, you need to know that if it is true, you will usually receive the relevant court summons or phone call, because the short message notification is easier to identify. You can go to the relevant lending institution to consult the customer service center or call the official hotline to ask if it is true or false.

However, if the user receives the loan information without a loan, it is likely to be a fraudulent phone call, because the personal information is unintentionally leaked, the lending institution/platform has issued a corresponding loan invitation for business development, or their personal information has been stolen and used to generate a loan. Under normal circumstances, when you receive unfamiliar loan information, you should identify the authenticity of the content. For some reminders that need to link/play scheduled short messages, it is of course necessary to repay in time and maintain good repayment habits, thus reducing the possibility of receiving such information.

There are short-term overdue and long-term overdue in loans overdue, and the consequences vary according to the time limit in loans overdue. However, most people have many misunderstandings about loans overdue, and it is too late to find out when there are serious consequences! Short-term overdue loans and their consequences are different. Financial institutions have different definitions of short-term overdue time. In the case of short-term debt default, institutions generally do not take coercive measures. They will remind them to pay back and collect money.

The consequences are:

1. High fines and liquidated damages After loans overdue, in addition to repaying the interest and principal, high fines and liquidated damages are also required.

2. Leave a personal credit stain. There will be overdue records in the credit report, and even after repayment, the overdue records will remain for five years. Overdue records will affect the financial activities of almost all subsequent defaulters.

3. After receiving the short message, the lending institution will continue to send short messages and telephone calls to collect overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to repay overdue principal and interest within the prescribed time limit.