Is Tik Tok's installment credit overdue?

Tik Tok Monthly cooperates with Huawei Consumer Loan Company, a regular bank. If it is overdue, the credits will be collected at the meeting. Therefore, you should choose carefully when paying monthly in Tik Tok, and remember to repay on time, so that your credit will not be affected.

Of course, Tik Tok can rest assured that if the repayment is overdue, there will be overdue records uploaded to the People's Bank of China's credit information system, which will directly lead to poor personal credit information.

The influence of Tik Tok's overdue installment payment;

1, dunning, SMS notification and message reminder in Tik Tok APP will be sent before the repayment date, and dunning may be made by phone after the deadline.

2. The penalty interest will be calculated according to the number of days overdue.

3. The credit impact may be uploaded to your personal credit report, which will affect the installment amount.

4. Being sued, seriously overdue and charged with malicious overdraft.

Tik Tok's cooperative financial institutions are banks and consumer finance companies, which are all related to the credit investigation of the People's Bank of China. So as long as the application is successful, the loan record will be uploaded to the People's Bank of China for credit investigation. Credit information on loan records will not affect personal credit, only bad credit records will affect personal credit information.

Of course, Tik Tok can rest assured that if the repayment is overdue, there will be overdue records uploaded to the People's Bank of China's credit information system, which will directly lead to poor personal credit information.