Will Alipay spend money for overdue credit reporting?

Whether Hua Bai will receive credit information after the deadline depends on whether the user's Hua Bai is authorized to receive credit information. If it is, it will naturally report the credit. If there is no authorization for the time being, the credit information will not be reported temporarily. As for the consequences caused by overdue, as follows:

There will be a corresponding overdue fee (until all the arrears are paid off), and the calculation formula is: overdue fee = overdue amount × overdue days ×0.05%.

Overdue negative records will be submitted to Sesame Credit, and Sesame Credit score is likely to decline. However, some flower beds report credit information, which will also leave bad records in personal credit information reports, resulting in personal credit damage.

The use of the follow-up flower garden function will be restricted, and the system is likely to implement risk control downgrade, or even freeze the quota and close the account. Whether it can be restored to use requires an irregular evaluation by the system.

It can be seen that the adverse effects caused by overdue are very serious, so we must pay attention to repayment on time and try to avoid overdue. If you are not sure about your online loan record, you can get the online loan big data report in Eagle Heart Quick Check. If you can't pay off the bill in full and on time, you can make the minimum payment first, or apply for bill installment.

Extended data:

Bai Hua said that the door-to-door investigation was overdue. Is that true?

In fact, if the borrower fails to repay the flower bud, the flower bud official will indeed make a door-to-door investigation. Generally speaking, if the borrower's overdue amount is relatively large, and the overdue time is more than 3 months, the official may go to the door to investigate, that is, collect money at home.

As a relatively formal online loan platform, Huayuan will generally bring a third-party reference if it is to be collected at home, and will obtain the consent of the borrower in advance. If the borrower insists on not repaying the loan and maliciously loses contact, Huayuan officials may choose to contact the borrower's family directly, or directly search according to the address on the borrower's data.

In addition to the door-to-door investigation and collection, the official of Huayuan will also choose to freeze the borrower's quota, report the borrower's breach of contract to the credit bureau, reduce the borrower's sesame credit score, call and send a collection message to collect the borrower. The longer the borrower is overdue, the more collection methods will be encountered.

If you don't want Bai Hua official website to call for payment, or don't want your relatives and friends to know that you owe money, it is suggested that the borrower can choose to negotiate with Bai Hua official website to apply for repayment. However, from the actual situation, it is difficult to apply for repayment by agreement, and borrowers need to make more efforts.