What if CreditEase's loan is unable to repay? It's expired.

1, apply for relief. Users can find their own loan contract in CreditEase, and check whether the loan amount on it is consistent with the actual amount received, whether there are extra expenses other than interest, and whether the interest exceeds the upper limit of private loan interest rate. If so, first focus on communicating with the platform to reduce these non-compliant fees, so that personal liabilities will be much less.

2. Deal with it in time. After overdue, the penalty interest of users increases with the passage of time, which cannot be solved by time delay. If you are unable to repay, you can turn to your relatives and friends for help, or increase your income sources and try to repay in the shortest possible time within your ability.

3. See if there is any discount for early settlement. In order to reduce the bad debts at the middle and end of the year, many platforms have preferential policies for users with repayment pressure to settle in advance, which are basically the principal plus a little interest. Users can learn about it. Of course, this situation is rare.

If a formal loan is used, as long as the applicant is overdue once, the overdue record will be uploaded by the financial institution to the central bank for credit investigation. Simply put, as long as it is overdue, it will affect the borrower's personal credit information. If the borrower is overdue for a long time and the lender fails to pay off all the money in full and on time, the bank will upload the overdue record to the personal credit information center. If you don't use the formal loan business, it will be overdue once and the overdue amount is not much, which will not affect your personal credit information. There will be a grace period of 2-3 days for repayment of such loans, and overdue records will only be generated after it is overdue. If the overdue amount is large, it will also affect personal big data. For users who have applied for loans, if the borrower can't repay on time, they should communicate with the lending financial institution center in time to negotiate the repayment amount and time.

Bank loans overdue interest rate:

1. If the borrower is overdue, the overdue penalty interest will generally rise by 30% ~ 50% on the basis of the original loan interest rate.

For example, the original interest rate is 6%, the overdue penalty interest is increased by 50%, and the overdue interest rate is 9%.

2. If the borrower fails to use the credit funds according to the purpose of the loan, the bank will immediately recover the loan or increase it by 50% ~ 100% on the basis of the original loan interest rate.

3. If the repayment is overdue or the funds are not used according to the specified purposes, the bank will charge default interest from the date of overdue repayment or the date of using the funds until the borrower pays off the loan principal and interest (including default interest).