Will Zhaolian Finance inform you by SMS if it is overdue?

Yes, Zhaolian Finance will notify users to report overdue information to credit reporting agencies through SMS after the deadline.

Details are as follows:

1. Overdue credit investigation means that financial institutions submit information such as overdue repayment of users to credit investigation agencies as part of users' credit records. These records will affect the credit rating of users and the conditions of financial activities such as future loans.

2. As a credit reporting agency, Zhaolian Finance will report overdue information to the credit reporting agency according to the contract and relevant laws and regulations in case of overdue repayment by users. This measure aims to protect the rights and interests of financial institutions, urge users to repay on time, and maintain the benign operation of financial markets.

3. In order to remind users to report overdue information, Zhaolian Finance usually sends a notice to users via SMS to inform them of the overdue situation, and the overdue information will be reported to the credit reporting agency. This short message notification method can remind users to repay in time and avoid adverse effects on personal credit.

Summary:

Zhaolian Finance will notify users to report overdue information to credit reporting agencies through SMS. This practice is to protect the rights and interests of financial institutions, urge users to repay on time, and maintain the normal operation of financial markets.

Extended data:

Credit investigation refers to the relevant information recorded and formed according to credit activities. Personal credit information is collated and recorded by credit investigation institutions and provided to financial institutions and other legitimate users for credit evaluation. A credit reporting agency refers to a legally established institution specializing in the collection, collation and evaluation of personal credit information.