Will Huabei’s late negotiated repayment affect my application for the second construction and first semester exams?

No impact. The consequences of overdue payment on Huabei:

1. Overdue interest will be incurred. After using Huabei, users can only enjoy the interest-free period by repaying their debts on time. If the user is overdue after using Huabei, the system will charge overdue interest from the overdue user from the day of overdue. As the user's overdue time increases, Overdue interest will accrue more and more.

2. Affect personal credit. If the user fails to repay the Huabei debt within the stipulated repayment period, once overdue behavior occurs, the system will report the user's overdue record to Zhima Credit, which may result in a reduction of Zhima Credit score, and most users' current Huabei credit score will be reduced. Baidu has been connected to the central bank's credit reporting system. When a user commits overdue behavior, the system will report their overdue records to the central bank's credit reporting system, resulting in damage to personal credit.

3. Bear legal consequences. After an overdue behavior occurs in Huabei, Alipay will take collection measures for the user. Various collection text messages and phone calls will affect the user's normal life, and for serious overdue circumstances, such as a relatively large overdue amount and a long overdue time, Huabei will pursue the case in order to recover. Overdue users may also be prosecuted for repaying arrears.