The female boss borrows 30 thousand, but she has to pay back 8 million. What will happen to illegal loans?

In recent years, news about lending has emerged one after another, because private lending is not standardized, so similar news frequently broke out.

The female boss borrows 30,000 yuan and has to pay back 8 million yuan. This is obviously a regular loan, not a traditional usury.

What will happen to illegal loans? The following will happen:

0 1. Money loss

After borrowing, there will be high interest, which will lead to more and more arrears, which will eventually be unable to be repaid, and even the family will be heavily in debt. Because of illegal borrowing, some contracts may be signed, so the amount to be repaid will be very huge.

02. Encounter the threat of violence

Failure to repay on the illegal lending platform is likely to be threatened by violence. Even the lending platform will use violent means to force repayment, and you may be beaten or otherwise hurt.

03. Affect the life of the whole family

Most private loan companies will call for loans, and even go to trouble their families, which will affect the normal life of the whole family.

04. Affect personal reputation

At present, some private lending has been docked with the central bank's credit information, or has established its own blacklist. Once the private loan is not repaid, it is likely to become a credit black account or a loan black account. Once this happens, it will be difficult to get a loan later.

05. The defendant went to court.

Because all kinds of contracts are signed in the loan, if the loan is not repaid, it may be sued to the court, which will also have a bad influence on personal reputation.

Illegal lending, in serious cases, may lead to family ruin and death, and tragedies often occur.

Originally, I just helped my friend borrow a loan guarantee, but I borrowed 20 thousand, and finally the repayment became more than one million, even the house in downtown Hangzhou was gone; Young people who want to be demolished at home spend a lot of money during school and borrow hundreds of thousands. After graduation, they found someone to borrow money to repay the loan. As a result, more and more loans were owed, which led to the destruction of the family and even the death of the mother.

These tragedies, beware of us, illegal lending, really can't be touched.