How can I repay a provident fund loan that is one day overdue?

If the provident fund is overdue for one day, the repayment amount will be transferred to the bank card immediately. Usually the provident fund management center and the lending bank in various places basically have an agreement on the time for the second deduction, and each bank will have instructions. The repayer will send a reminder to deduct the money, and there will also be a text message reminder if the deduction is unsuccessful. If it is found to be one day overdue, as long as you do not receive a text message indicating that the deduction is unsuccessful, you can immediately transfer the money to the debit account through the bank.

What should I do if my provident fund loan is one day overdue?

When a provident fund loan is one day overdue, the borrower needs to immediately transfer the repayment amount to the bank card used to repay the loan. Usually the bank will deduct the money again the next day. If there is no automatic deduction, Then the borrower needs to contact the bank in time and then deduct the money to repay the loan.

How many days after the provident fund loan is overdue will the credit report be reported?

The credit report system will be reported. If you accidentally overdue, there are two specific repayment methods:

1. Free repayment:

1. The applicant needs to call the loan service center to check the next repayment date The amount that needs to be repaid. Then if you pay off all two months of debt on the next repayment date, it will not be considered overdue.

2. If the applicant has an emergency on the repayment day and needs to choose a repayment date, he must bring his ID card to the loan business department counter to go through the early repayment procedures. The borrower can only apply for early repayment once per period, and should go to the counter for processing within 7 working days of the early repayment date.

2. The repayment method of equal principal/equal principal and interest is simple. The applicant only needs to deposit the arrears and liquidated damages into the account, and the bank will deduct them uniformly. No appointment required. Absolutely.

After overdue repayment of provident fund, the credit record will be reported. The bad credit record will not be eliminated within 5 years. If it exceeds 5 years, it will be automatically deleted. However, as long as the number of overdue loans does not reach six consecutive times, the impact will not be significant. If possible, it is best to find a bank to issue a non-malicious overdue certificate. Although it may not eliminate bad credit, it will reduce the impact of overdue credit.

The consequences of overdue provident fund loans

1. High liquidated damages. Overdue amounts will be charged an interest of 50% based on the interest rate prescribed by the People's Bank of China. For those who are overdue in bad faith, the lending bank has the right to auction the mortgaged property of the debtor to make up for the loss.

2. If there is a guarantor when applying for a loan, the guarantor will repay the loan.

3. The Provident Fund Management Center has the right to transfer the housing provident funds of the debtor, his spouse, and the guarantor to the bank account for repayment.

4. Overdue repayments will be recorded in the credit report.