What are the consequences of overdue repayment of baixin bank Haohui Consumer Credit?

Overdue will result in high penalty interest (0.50% of the daily interest rate of 65,438+), which will affect personal credit information and reduce baixin bank's impression on users. It will be more difficult to apply for a loan in baixin bank in the future.

Baixin bank (full name "CITIC baixin bank Co., Ltd.") is the first direct selling bank approved as an independent legal person, which was jointly established by CITIC Bank and Baidu Company. Baixin bank is the first state-controlled Internet bank, which can be exhibited all over the country. Its market positioning is "financing for the people and financing for the public". Relying on CITIC Bank's strong product R&D and innovation capabilities, customer management and risk control system, as well as Baidu's Internet technology and user traffic resources, it will meet customers' personalized financial needs and build a differentiated direct selling bank with unique market competitiveness. It has launched three core businesses: consumer finance, microfinance and wealth management.

Since 20 15, 165438 10, CITIC Bank and Baidu Company have announced that they are preparing to build baixin bank. After more than one year's efforts, baixin bank was officially approved by the China Banking Regulatory Commission on February 30th, 20 16. 2017 August 15, approved by China Banking Regulatory Commission. It officially opened on 20 17, 1 10, 18. Li Rudong, President of baixin bank, revealed the future development ideas, saying that he would focus on smart inclusiveness and build core competencies such as smart accounts, smart risk control and smart services, mainly aiming at the gap that traditional banking services are weak and untouched.

On May 22, 2020, official website, the China Banking Regulatory Commission, announced that CITIC baixin bank Co., Ltd. (hereinafter referred to as "baixin bank") had approved its application for capital increase and share expansion and shareholder qualification. After this capital increase, the registered capital of baixin bank will increase to 5.634 billion yuan.

On August 15, 2020, baixin bank launched the first digital bank card in China-Baidu Flash Payment Card, which was jointly launched by Baidu, baixin bank and China UnionPay.

On June 65438+1October 65438+March 2020, baixin bank released its brand-new credit service brand Huahui, and together with MCA FunAge, it staged the first live comedy product launch conference in the financial circle in Aauto Quicker and Weibo.

On April 8th, 20021year, baixin bank released a brand-new smart car finance brand, and launched two products: "Hundred Car Loans" and "Hundred Business Loans".