Is it credible to execute short messages for overseas visits?

This may not be true. Need to be verified to avoid being fooled. Anything that you are informed by SMS is basically false. First of all, if it is a court notice, you will be directly asked to go to the court in the jurisdiction to get the responding materials; Secondly, credit cards usually involve punishment, which will be handled by the public security organs without informing you to file a case.

1. What is loans overdue?

Loans overdue usually refers to the phenomenon that after the loan expires, the borrower fails to repay the loan principal and interest to the bank that issued the loan according to the loan term agreed in the loan contract, and fails to go through the relevant extension or lending procedures, resulting in the loan exceeding the agreed term.

Two. The consequences of the maturity of the loan are:

1. First of all, if the loan is not repaid, a bad credit record will be generated, which will affect other credit businesses in the future.

At present, most lending institutions have docked with the credit information system of the People's Bank of China, and the overdue repayment of borrowers will be uploaded to the credit information system of the central bank soon, that is, the borrower's information will appear in the internal systems of all banks at the earliest the next day.

After overdue, the credit report will inevitably leave a bad record. Once it is left, it will be kept for five years. If you want to borrow money from the bank or apply for a credit card in the future, it may be difficult to apply because of bad credit.

Penalty interest is only a loss of money, while bad credit records are a loss of intangible assets, and the impact is irreparable by money.

2. Lending institutions will charge overdue penalty interest and liquidated damages. The longer they are overdue, the more money they have to pay. Generally, the penalty interest is between 1-3%, and the penalty interest rate is changed to be 30%-50% higher than the loan interest rate agreed in the loan contract according to relevant regulations. For overdue loans, interest will be charged at the default interest rate from the date of overdue until the principal and interest are fully paid off; For the interest that cannot be paid on time, compound interest is calculated at the penalty interest rate, which is generally for bank loans. If it is a small loan company, many of them will pay penalty interest on a daily basis, generally ranging from 20% to 50% per day.

3. If the overdue period is long and the amount is large, it may be sued by the lending institution. If the court still refuses to repay the loan after the judgment, it will be included in the "list of untrustworthy people" and may not take the high-speed train or plane.

4. Affect personal family and life.

For overdue loans, lending institutions have a complete collection system, which is not just a single telephone notice. Once the borrower is overdue for a certain period of time, including but not limited to telephone collection, issuing collection notice, door-to-door collection and prosecution will follow, and the lending institution will not only collect the borrower himself, but also contact the borrower's relatives and friends, which will not only affect the borrower himself, but also affect the family, relatives and friends.

5. Publish personal information and apply for court proceedings.

If it is overdue for more than 90 consecutive days and the circumstances are serious, the bank will publish overdue information such as personal name and ID number in the media, or notify the work unit. The bank will collect the loan according to law and bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract). The court will take measures such as property preservation, including freezing deposits in all bank accounts of lenders and loan guarantors, and sealing up pledged property.

After the judgment is made, the bank will enforce it (deduct the deposit, auction the pledge, etc. Property used to pay off bank loan losses according to law, including: loan principal, loan interest, overdue interest and penalty interest, as well as all litigation costs arising therefrom, and related expenses incurred when the pledged property is realized.