What should I do if I receive a reminder letter?

1. What should I do if I receive a reminder letter?

1. If the borrower receives the SMS reminder, it shall verify the authenticity of the reminder.

2. If it is true, it shall repay the arrears in time, or negotiate with creditors to postpone repayment.

3. If it is not handled, it may be sued by creditors.

4. Legal provisions: Article 678 of the Civil Code of People's Republic of China (PRC) * * * The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

Second, what are the consequences of personal credit loans overdue?

1, penalty interest

When signing a loan contract, some regulations are generally made for loans overdue. If the loan contract is overdue, there will generally be a penalty interest. For different financial institutions, the amount of penalty interest and the interest generated are different. However, as an expense that should not be spent, it is better not to generate it.

2. Credit stain

Don't underestimate this. Once in loans overdue, the bank will report your overdue records to the central bank's credit information system. Once the record is generated, your personal credit report will be defiled. This little stain will form a great resistance to your future loan and credit card application. Borrowers can't lose big because of small.

3. Can't enjoy the preferential loan interest rate.

As we all know, when you apply for a loan from a bank, the loan interest rate fluctuates to varying degrees. High-quality customers usually get the lowest loan interest rate, while users with loans overdue records, even if they get a loan application, want to enjoy interest rate concessions, which is basically daydreaming.

4. Can't apply for a loan

If the situation is serious, the bank is likely to stop lending.

The above knowledge is Bian Xiao's answer to relevant legal questions. If the borrower receives the SMS reminder letter, it shall verify the authenticity of the reminder letter. If it is true, he should repay in time or negotiate with creditors to postpone repayment. If it is not handled, it may be sued by creditors. If you need legal help, readers can consult and have professional lawyers to answer.