What are the consequences of Xiaomi borrowing with the stars?

is it okay to open Xiaomi's satellite loan?

Yes. The consequences of Xiaomi's failure to repay the loan with Star are as follows: the penalty interest rate is calculated from the overdue day, and the penalty interest rate is 1.5 times of the loan interest rate. At the same time, the overdue record will be uploaded to the credit information, which will affect the user's personal credit information. As long as you don't borrow money from it, you can not use this software or cancel your account. What will happen to Xiaomi's overdue loan with Star

The consequences of Xiaomi's overdue repayment with Star are as follows: the penalty interest rate is 1.5 times of the loan interest rate from the overdue date; At the same time, overdue records will be uploaded to the credit information, which will affect the user's personal credit information; Users cannot apply for other loan products in Xiaomi Finance; During the overdue period, you will receive a dunning call or overdue text message.

: 1. Collection method of online loans:

1. Send SMS notification: the online loan company will send SMS to remind borrowers who are overdue for less than one week,

2. Call to ask: If the overdue time is about one week, the overdue person will receive a collection call from the online loan institution. If I can't get in touch with you, the small loan company will contact the emergency contact person or the contact information of relatives and friends left when you make a loan.

3. Bomb the address book: You usually authorize the address book to the small loan APP before you make a loan, and when you are seriously overdue, they will pick some people you often contact for dunning.

4. Door-to-door collection: This collection method is too costly, and it is generally only for debtors with large loans and long overdue time. Note that it is illegal to make verbal and physical threats when collecting money at home, and it will also constitute a crime in serious cases.

5. if you ask the court for adjustment, you will send a lawyer's letter or a reminder to your residence.

6. Direct prosecution by mailing a court summons.

2. How to wash away too many online loan applications

1. You can choose to settle them in part first: most of the online loans are small, so it is suggested to list some things that affect your credit information and pay them off as soon as possible to reduce your debt ratio and avoid leaving a stain record due to overdue.

2. Reduce your application record: before six months, don't apply for online loans or other bank loans. It's better not to apply for credit cards. Leave a recovery period for the risk index to return to below, so it will be easier to apply for loans in the future;

3. Don't mess with online loan links: Some loan products are not only available for credit reporting when you apply, but sometimes even if you click in to have a look, you will leave a record, so be sure to take care of your hands and don't mess around.

4. Repayment on time: Never forget to repay all the loans and credit cards in your name on time during the credit reporting period, and don't be overdue. Cover the previous records with good records. What are the consequences of Xiaomi's failure to repay the loan?

Consequences of Xiaomi's failure to repay the loan:

1. Overdue information will be uploaded to the People's Bank of China or a third party for credit investigation, so it will be difficult to get a loan in the future.

2. There will be a high overdue fee if it is overdue. The overdue interest rate of the overdue principal or interest is 1.5 times the normal loan interest rate.

Extended information:

On the 15th, Xiaomi Finance indicated through the official account of Weibo that the repayment information of a small number of users was not updated in time due to the abnormality of the docking system with Minsheng Bank for some reason. At present, a solution has been worked out in collaboration, and the correct information will be updated according to the actual repayment situation within 3 days.

Mr. Lin said that according to his understanding, most of the people affected this time are Xiaomi mobile phone users. In the interview, the reporter also found that the users affected by this incident are mainly young people. Based on the brand trust of large Internet companies and the trust in the more convenient loan process of the Internet financial platform, Xiaomi Financial Platform was chosen to borrow.

The information released by Xiaomi Finance shows that users such as Mr. Lin and Mr. Chen are very dissatisfied, and they think that the credit information they really care about has not been given enough right to know.

The question that users focus on is, has Minsheng Bank reported overdue to the relevant departments? Can the overdue report be completely deleted without any records? What is the progress of overdue processing? At present, these problems have not received a clear response from Xiaomi Finance and Minsheng Bank.

Some users affected by this incident reported to reporters that Xiaomi Financial's customer service tried to appease users by issuing interest-free coupons for repayment in 1 yuan, which they said was unacceptable.

Many users told reporters that for Minsheng Bank, it is found that the loan users of the same service channel are overdue in batches. Don't you need to confirm the repayment ability with the users themselves, so it is arbitrarily confirmed as overdue reporting?

some experts in the industry said that many internet companies have crossed the border into the financial services field with the help of powerful terminal platforms, but this incident sounded the alarm for everyone. In the financial services field, security should not be an "optional" service, but should be the insurmountable bottom line of financial services. Internet platforms should be more cautious about consumers' financial security.

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