What about wayward loans overdue for one day?

Willful loan is a credit loan product launched by Suning Finance, which is a consumer finance company with a consumer finance license. What should I do if my willful loan is overdue for one day? Are the consequences serious?

What about wayward loans overdue for one day?

Online loan repayment usually has a grace period of several days. Don't worry too much about loans overdue's repayment for one day. Just pay back as soon as possible. If it is overdue because you forget to repay, remember to set up early repayment to avoid missing repayment again, which will affect the credit line and even the credit investigation.

If Suning's willful loan is overdue, it needs to pay overdue liquidated damages. Overdue liquidated damages = 0.65438+ 0% of overdue days of overdue loan principal. The more you borrow, the higher the interest. If it is overdue for one day, the interest should not be high, but it should be repaid as soon as possible.

In addition, whether it is a loan or a normal repayment, you need to apply for credit information. Regular online loans generally give a few days of repayment grace period. If the repayment is overdue for one day, the consequences will not be serious, and it will not have much impact on the credit record. However, the credit rating of voluntary payment may decline, which may affect the credit line in the later period.