Is it true that the water elephant loan by installment?

Water elephant installment loan is a formal platform, really.

Personal credit information plays a very important role in our daily life. If the water image is overdue for more than 30 days, the overdue record will be submitted to the national personal credit information agency and the central bank credit information system. In other words, if the overdue behavior occurs, it will be recorded in the personal credit report, which is equivalent to a credit stain.

1, overdue penalty interest

From the first day of overdue, stop charging interest and platform service fee, and charge overdue management fee on a daily basis, that is, 1%/ day of principal. Overdue penalty interest will add a certain financial burden to everyone, which is a total savings, so everyone must avoid overdue.

2, causing adverse life effects.

You must pay back the money you borrowed. If it is overdue, Shuixiang will communicate with the lender by phone or SMS in stages, and even remind the lender to repay the loan. If the lender still doesn't take corresponding measures, Shuixiang will call the relevant contact person to collect the money in installments, which will undoubtedly cause trouble to everyone, so everyone must not overdue and repay in time.

3. Bear certain legal responsibilities.

Malicious overdue is likely to be sued by lending institutions, which will have a very adverse impact on everyone's life, so timely repayment is very important.

What are the good loan platforms?

1, Alipay Loan: Loan is Alipay's mobile phone loan software. You can apply for a sesame credit score of more than 600 points, the amount is 1000 -50000 yuan, the daily interest rate is 0.02%-0.05%, and the loan arrival speed is 1 hour. Short-term borrowing is the first choice. Borrowing is a loan service launched by Ant Financial Services Group relying on Alipay. According to different sesame scores, users can apply for different loan quotas. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan. When borrowing money, users can choose to lend money to Alipay account and bound savings bank card for personal consumption, decoration, travel and so on. Ant introduced a new quota management function on 202 1 1 28, and users can adjust the quota independently.

2. China Merchants Bank's lightning loan: China Merchants Bank's one-card high-quality customer mobile loan software, with a quota of 1 0,000-500,000 and a daily interest rate of 0.042%.