Why do I keep receiving text messages saying that my loan is overdue and I have not borrowed the loan?

1. Why do I keep receiving text messages saying that my loan is overdue and I have not borrowed the loan?

This situation is most likely caused by a scammer sending text messages to defraud you. You can check to see if he has followed up. We will continue to contact you, and you should also consider whether your identity information may be stolen by others. At present, the requirements for loan-related procedures are very strict. As long as you do not have any personal loan operations, you can definitely check it out.

2. Overdue loans

Overdue loans are also called "overdue loans" or "overdue loans." Refers to the loan portion of the loan project that has not been repaid within the repayment period stipulated in the contract. From the overdue date, the portion of the loan will be transferred to the overdue loan account, and the words "overdue loan" will be marked at the head of the loan account.

National loan regulations stipulate that if the principal and interest cannot be repaid on time, the retained basic depreciation fund, enterprise fund or profit retention shall be used for repayment. Costs shall not be squeezed in, taxes shall be occupied, or profits shall be siphoned off.

According to the relevant provisions of the Contract Law, the borrower's failure to repay the loan within the time limit stipulated in the loan contract is a breach of contract and shall bear liability for breach of contract. The ways to assume liability for breach of contract include returning the principal of the loan, paying interest during the loan period stipulated in the contract, and paying interest on the overdue portion of the loan.

2. Calculation method of overdue loan interest

1. Calculate and collect according to the agreed interest rate during the contract period.

During the performance period stipulated in the loan contract, the interest rate paid by the borrower shall not violate the People's Bank of China's regulations on the upper and lower limits of loan interest rates for financial institutions, among which private lending shall not be higher than 4 times the bank loan interest rate. The overdue interest on overdue loans can be calculated according to the interest rate agreement.

2. Interest is calculated in accordance with the relevant regulations of the People's Bank of China.

With this method of interest calculation, the loan interest rate during the performance period of the loan contract will still comply with the original agreement, and interest will not be calculated in stages if the interest rate is adjusted. For overdue loan interest rates, the interest rate will be based on different periods determined by the People's Bank of China. The adjusted interest rate adopts a segmented interest calculation method to calculate overdue interest. While collecting overdue interest, penalty interest is charged at a certain proportion, or the overdue loan penalty interest rate determined by the People's Bank of China is calculated in segments along with the adjustment of penalty interest. Penalty interest.