Is there anything wrong if a blue-collar loan is one day overdue?

Being one day overdue does not have much impact, but it will also incur overdue fees; if you continue to fail to repay and cause a serious overdue payment, you will face:

1. Bear high overdue fees.

For overdue fees, different online loan platforms have different names and charging standards. Whether it’s called overdue penalty interest, overdue management, or other various names, the charging standards are very high. Therefore, if you are able to repay your loan on time, do not overdue it.

2. Accept the platform’s fancy debt collection methods.

Collection is generally divided into three stages: the first stage, just a few days overdue, the platform customer service MM whispers and warmly reminds you that it is overdue, please repay on time; the second stage, overdue For a long period of time, the platform customer service gave a serious warning, threatening to face serious consequences if the deadline is exceeded again; in the third stage, when the deadline is long overdue, the platform no longer offers good words and starts to take practical actions.

There are many types of actual actions, for example: the platform will push your debt information to your relatives and friends, making you lose face in your circle of friends; the platform will arrange for dedicated collection personnel to come to collect collection, and face-to-face communication is required. Account etc. Of course, these are relatively mild. Some platforms outsource debt collection and let specialized debt collection companies handle the debt collection. I believe borrowers are not willing to encounter the "violent debt collection" scandals reported some time ago by debt collection companies.

3. Facing a national crisis of trust.

Now online loan platforms have established a blacklist system, and the blacklist platforms have begun to communicate with each other. If you fail to repay a loan on one platform overdue, it will be very difficult to borrow again on other platforms. In addition, online lending platforms will publicize the blacklist through their own online channels such as WeChat and Weibo, and even on large screens at train stations and airports. Let the people across the country know that these "old people" borrow money and refuse to repay it! Of course, except for those who owe money maliciously, ordinary borrowers will not go to this step.

4. The People’s Bank of China’s credit reporting is stained.

At present, most online loan platforms have not yet connected to the People’s Bank of China’s credit reporting system, but it has become an inevitable trend to connect to the People’s Bank of China’s credit reporting system. In the future, overdue loans on online loan platforms will be recorded in the People's Bank of China's credit reporting system just like overdue bank loans and credit cards, causing credit stains. If the previous consequences were just a loss of face, then the stain on your credit report will affect your real life. If you want to buy a house, you won’t be able to get a loan, if you want to buy a car, you won’t be able to get a mortgage, etc.

5. The defendant goes to court.

If the loan is overdue for a long time or deliberately fails to repay, and the limit exceeds 2,000, it can already constitute a crime of fraud, and there is a risk of being taken to court by the online loan platform. Once the court rules in favor of the online lending platform, the borrower will not only have to pay the required repayment, but also pay both parties’ litigation costs and huge fines, and may even face jail time.