Flash loan sent a text message saying that I was overdue

You haven't borrowed money from this loan platform. Today, I received a text message saying that you are overdue, and it's still your name. I suggest you ask the loan customer service staff, ask about the details of the loan, and repay it as soon as possible if you really have loans overdue. Loans overdue, just pay back as soon as possible.

In fact, there are short-term and long-term in loans overdue, and the consequences are different due to different overdue periods. But most people have many misunderstandings about loans overdue, and it is too late to regret it until it has serious consequences! Short-term overdue of loans and its consequences Different financial institutions have different definitions of short-term overdue time.

1. In view of short-term overdue, institutions generally do not take compulsory measures, but will remind and collect the repayment. The consequences are as follows: 1. After loans overdue, it is necessary to repay the interest and principal, but also pay a high penalty interest and liquidated damages. 2. Leave a personal credit stain. An overdue record will be left on the credit report. Even after repayment, the overdue record will be kept for 5 years. Overdue records will affect almost all subsequent financial activities of the overdue person. 3. After receiving the SMS and telephone call for collection, the lending institution will continuously send SMS and call for collection of overdue funds, inform the borrower of the serious consequences of overdue, and order the borrower to return the overdue principal and interest within a time limit.

II. Long-term overdue of loans and consequences Generally speaking, overdue for more than 9 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery for malicious overdue for more than 9 days, regardless of the amount. After the court's decision, the information of the untrustworthy executor (Lao Lai) will be announced to the public, limiting his high consumption and flying high-speed rail.

1. Inadvertent and negligent overdue, with a certain grace period. However, if you are in arrears for a long time, it will be easy to have the borrower's tainted record, which is also a key reminder in the credit information system, which is very serious to personal influence!

2. The retention period of bad credit records of bank loan default is 5 years. According to the Regulations on the Administration of Credit Information Industry, the retention period of bad personal information by credit reporting institutions is 5 years from the date of termination of bad behavior or events. Bad records will not be found by other banks after paying off the principal and interest and liquidated damages for more than 5 years. It is worth noting that the credit stain will still be preserved until the loan is settled. So everyone must cherish their credit records.

3. The retention period of overdue bad credit records of credit cards is 2 years. Credit card repayment information will be recorded by the central bank's credit information system for 24 months. If the card is cancelled, the record will be preserved for a long time. Therefore, it is suggested that credit card users continue to use their cards for two years after paying off their debts. During this period, they can keep good credit and remove bad records from the credit information system by rolling records.

The above three are based on short-term default. If the overdue information has been uploaded to the PBOC for too long, then pay off the debt and wait for the system to automatically eliminate it after 5 years.