What do you mean, ICBC's overdue car loan sent a text message asking me to repay it immediately to avoid unnecessary losses?

ICBC's car loan is overdue. Send a text message to let me repay the loan immediately to avoid unnecessary losses, which means that it will have a bad influence if it is overdue for too long.

1. If the car loan is overdue for three months, the lender's credit information will be affected, and the lending institution will report the lender's overdue record to the personal credit information system.

2. In case of overdue interest, the lending institution will contact the lender by telephone to urge the lender to settle the loan as soon as possible, so as not to further affect the credit information. The platform will calculate the lender's penalty interest within the overdue time of the car loan.

3. Unable to apply for a bank loan.