The provident fund was unexpectedly overdue once.

The consequences of an MPF meeting in loans overdue are as follows:

1. If the loan user is overdue, the provident fund management center will suspend its provident fund withdrawal until the loan is repaid normally;

2. If it is overdue for more than 2 times in a row, the provident fund management center will stop withdrawing the provident fund, and will directly deduct money from the provident fund account of the main lender to make up the monthly payment until all the loans are paid off.

Housing accumulation fund refers to the long-term housing savings paid equally by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises and private non-enterprise units.

Once the provident fund loan is overdue, it will have the following consequences:

1, credit will leave a stain.

After the mortgage is overdue, the provident fund center will report the overdue situation of the customer to the credit report, which will leave a record of non-performing loans on the credit report, which will be affected when the customer conducts credit activities or applies for some positions in the future.

After the credit information is damaged, even if the customer pays off the overdue mortgage, the overdue record will still be kept for 5 years, which will affect the customer for a long time.

2 collected by the provident fund center.

Once the mortgage is overdue, the provident fund center will definitely contact the customer by phone or SMS to urge the customer to repay the overdue debt as soon as possible. However, under normal circumstances, the provident fund center will only collect customers themselves and will not harass customers' families. If customers encounter violent collection, they can report to relevant departments.

There will be a lot of penalty interest.

After the mortgage is overdue, the provident fund center will charge the overdue penalty interest of the customer on a daily basis, and the penalty interest for one day overdue is more than the normal loan interest, so the longer the customer is overdue, the more penalty interest will be generated.

When customers settle overdue debts, they need to settle the generated penalty interest together, otherwise they will not think that customers have really settled their debts.

4. The mortgage contract will be terminated early.

If the customer is overdue for a long time, even if the customer is overdue only once, but the overdue time is more than 3 months, which has reached the overdue limit of "three times in a row", the provident fund center will terminate the mortgage contract in advance according to the loan contract and require the customer to settle the loan in advance, which will directly increase the repayment pressure of the customer.

5. Malicious overdue will be prosecuted.

For example, customers clearly have the ability to repay, but they also deliberately default on their mortgages. In this case, the provident fund center will solve the customer's debt problem through legal channels and sue the customer to safeguard its own rights and interests.

However, under normal circumstances, the provident fund center will not sue the customer, just in case, if the customer really does not get the loan, he should actively communicate with the provident fund center, so as not to evade the debt responsibility and leave a bad impression on the provident fund center.

6. Enter the list of people who have lost trust.

If the provident fund center sues the customer, the customer still fails to repay the loan as agreed and refuses to perform the debt responsibility, then the customer will be included in the list of untrustworthy people, and will be restricted from high consumption in future life, transportation and other aspects.

What customers need to pay attention to here is that because customers can't make large purchases after being restricted from high consumption, if customers plan to send their children to expensive aristocratic schools, they may be affected.

7. The mortgaged property will be disposed of.

When a customer applies for a mortgage, he will mortgage the house to the provident fund center. If the customer can't solve the debt problem, the provident fund center will handle the property mortgaged by the customer according to the regulations.

In some cases, the real estate price handled by the provident fund center may be lower than the market price. If the funds obtained after handling the real estate are not enough to repay the arrears, and the customer needs to make up the shortfall, it is not a good choice to wait for the provident fund center to handle the real estate.

8. Suspension of withdrawal of provident fund

If the provident fund is in the state of loans overdue, the provident fund management center will suspend the applicant's withdrawal of the provident fund until he can repay it normally, which will have a great impact on customers who intend to withdraw the provident fund.

To sum up, we can see that once the provident fund loan is overdue, the customer will bear serious overdue consequences. In order to avoid these things, it is very important for customers to keep a good repayment record.

Legal basis:

Regulations on the administration of housing provident fund

Ninth housing provident fund management committee shall perform the following duties in the management of housing provident fund:

(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, and supervise the implementation;

(two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund;

(three) to determine the maximum loan amount of housing provident fund;

(four) approval of housing provident fund collection and use plan;

(five) to consider the housing provident fund value-added income distribution plan;

(six) to examine and approve the report on the implementation of the plan for the collection and use of housing provident fund.