What are the possible consequences if I don’t repay the borrowed money and Alipay Huabei money?

What are the possible consequences if I don’t repay the borrowed money and Alipay Huabei money? In fact, Huabei Jiebei is almost similar to Alipay’s credit card. If you fail to repay overdue, the following situations will usually occur:

1. It will seriously affect your Zhima credit score; after someone’s Huabei is overdue, The Zhima Credit score has dropped from 750 to 450. It is still difficult to increase the Zhima Credit score. Once it drops, it may take several years to increase it back. Nowadays, many Alipay benefits and the borrowing limit of Bei Huabei have a lot to do with the Zhima Credit score. Zhima Credit If points are lost, it will have an impact on benefits and Huabei borrowing limits;

2. It affects personal credit; it is stated in the service contract of Huabei borrowing that Huabei borrowing will be with the individual I won’t go into details about the consequences of credit reporting being linked to personal credit reporting. Anyway, house purchases, car loans, and even children’s schooling may be affected;

3. If Huabei borrows money overdue, it’s up to you to pay it back. Before the payment is made, a portion of the overdue interest will be added every day. In addition to the principal, a daily interest of 0.05 is also required on the unpaid amount. In this way, the annual interest rate can reach 18.

4. If Huabei is overdue for a certain period of time, Huabei will give you a text message prompting you to terminate the Huabei contract and repay the full amount. This repayment includes the principal and the overdue amount; Generally, a law firm will call you the next day to demand payment and tell you the serious consequences of non-repayment; if you continue to fail to repay, you may be sued and the court will enforce repayment.

When you see someone saying that you can just uninstall Alipay, don’t believe such nonsense. For using Jiebei Huabei, although you can repay it next month or in installments, you still have to spend according to your own financial ability and repay the money in time according to your ability.

The above are some of my personal suggestions and ideas. If you have better ideas, you can comment below the article. If my answer satisfies you, I hope you can like and collect it. Comment?.