Receive a text message to inform others that the loan has not been repaid.

You can clearly tell the collection platform or the third party to collect, explain that your non-emergency contact person is not clear about the situation, and ask to stop harassing or handle complaints. Because when applying for a loan, you usually need to leave emergency contact information. If the user is identified unwittingly or involuntarily, it is recommended to make it clear when reviewing the call back, so as to avoid the subsequent borrowers from adversely affecting themselves.

Although the emergency contact is not a guarantor and does not need to be responsible for the repayment of the user, once the other party is overdue, it is likely to receive harassing calls and text messages. At the same time, if the contact person wants to apply for a loan on the same platform in the future, it may not pass the examination, thinking that the risk is greater and it is likely to be overdue. Therefore, when you are a contact, you need to think carefully before you agree.

Of course, in the process of being contacted, if the other party has excessive behavior, such as abuse, threats, etc. , you can keep relevant evidence for alarm processing.

The consequences of not paying back the money are as follows:

-The Borrower is required to pay corresponding liquidated damages or penalty interest according to this contract.

Second, bring a lawsuit. If the borrower fails to pay back the money, the lending institution may bring a lawsuit to the court. If the borrower loses the case, he will not only face the auction of assets to pay off debts, but also bear legal fees, preservation fees, execution fees and attorney fees.

Third, personal credit information is affected. At present, many lending institutions have been networked with the credit information system of the People's Bank of China, and the credit stain of borrowers' non-repayment will soon be uploaded to the central bank's credit information system, so it will be very difficult to obtain loans through other lending institutions.

legal ground

Article 206 of the Contract Law stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 61 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time. (The Contract Law will expire on February 3, 20201).

Article 675 of the Civil Code stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time. (The effective time of the Civil Code is 202 1 1 1).