What happens if JD.COM borrows an iou and pays back the money a day or two later?

An overdue repayment of an IOU for one or two days is considered overdue, which will have the following three effects:

1. Function restriction: After the IOUs are overdue, the system may automatically lock your IOUs account, and you can no longer use IOUs for consumption after locking;

2. Negative records: overdue IOUs will have a negative impact on your credit, and the system will truthfully report your IOUs usage (including overdue conditions). Please refer to the credit report for details (manual intervention is not possible);

3. liquidated damages: if the minimum repayment amount is not paid off on the last repayment date (inclusive), the system will charge a daily service fee as well as a daily liquidated damages.

Tips: After the overdue IOUs, JD.COM will remind users to pay back by means of letters, short messages, e-mails, telephone reminders, letter sending, door-to-door visits and judicial channels. If necessary, it will also entrust an external agency to remind you. In order to avoid affecting your life and credit, please repay on time.