What are the final consequences of non-repayment of small loans?

Within a certain period of time after the loan expires, the bank will notify the borrower to repay by dunning. If the borrower still fails to repay the loan, the bank will send a special person to negotiate and solve it. But if there is fraud during the loan period, it is suspected of loan fraud.

What are the consequences of the loan money?

1. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay by installments.

2. If the lending institution fails to perform the judgment of the court within the performance period after suing the court and winning the case, it will apply to the court for enforcement.

3. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.

4. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, which will restrict high consumption and entry and exit, and may even lead to judicial custody.

Extended data:

Microfinance is a comprehensive consumer loan with individuals or enterprises as the core. The loan amount is generally more than 6,543,800 yuan and less than 200,000 yuan. The treatment process generally needs to be guaranteed. Microfinance is an extension of microfinance in technology and practical application. Microfinance in China: It mainly serves agriculture, rural areas and small and medium-sized enterprises.

The establishment of small loan companies has rationally pooled some private funds, standardized the private lending market, and effectively solved the financing difficulties of agriculture, rural areas and small and medium-sized enterprises. At present, there are also personal micro-loans for office workers, generally at 1, 000-50000 yuan. Most of them don't need mortgage, but the credit and information review is strict.

Although there are still various problems in China's microfinance industry, with the change of social environment, the gradual improvement of system guarantee and the emergence of professional credit institutions and services, microfinance has also ushered in opportunities for innovation and development. With the gradual popularization of P2P abroad, the domestic P2P industry is also booming, and an enhanced version of P2P lending model-P2C model has emerged.

"P2P" means "person-to-person", which is a new generation of private lending form closely related to innovative technologies and financial models such as the Internet and microfinance. It provides transparent, open, direct and safe micro-credit transactions for familiar or unfamiliar individuals to the maximum extent.

"P2C", namely Peer to Company, is an enhanced version of the traditional P2P lending model. It provides investors with a new investment channel with real controllable risks and competitive returns, which is strictly limited to small and medium-sized enterprises with good entity operation, loan demand and fixed assets mortgage at the source of loans.

Since the rise of P2P in China in 2009, the development of the whole industry has achieved rapid development, and various P2P enterprises with China characteristics have gradually formed.

P2P enterprises in the market can be roughly divided into three types:

First, the combination of online and offline mode, Nuo Nuo pound customer belongs to this mode, Nuo Nuo pound customer has obtained the certification of authoritative organization and bank fund custody, and is a leading enterprise in the industry;

The second is pure offline business, which is a more traditional practice. Such companies generally make a simple website for business display, and the real business depends on sending a large number of salesmen to expand offline. CreditEase is such an enterprise, which has certain risks; Third, similar to the auction loan, it belongs to the pure online mode, and all the loan targets are judged by the customers themselves.

The development of P2C mode in China is still immature, and Ai Investment is the first Internet microfinance platform operating in P2C mode in China.

References:

Baidu encyclopedia-loan fraud