Baiqian Finance sent a text message saying that it would sue.

Baiqian Finance will not sue immediately after the deadline, but it will have the following effects after the deadline:

1, reported to the central bank's credit information system.

2. High penalty interest. Almost any loan product will generate high penalty interest when the user is overdue.

3. fancy dunning. In the case that Baiqian Finance is overdue, Baiqian staff will start sending text messages or making phone calls to users. However, when this dunning method doesn't work. Someone may be sent to dunning, or the family members of overdue users may be contacted to help dunning.

The defendant went to court. After urging by hundreds of financial means, if the borrower is still unwilling to repay and the loan amount is too large. The borrower can be brought to court, if the borrower still fails to repay the loan under the court's judgment. Then, it may be pulled into the "blacklist" of dishonesty, which will have a great impact on future life.

Although online lending is more reliable, its application is relatively simple and should not be used frequently. It can only be used as an emergency choice. Frequent application for online loans will lead to changes in credit information and big data of online loans. Nowadays, more and more online loans rely on credit information, and Baiqian Finance is no exception. Even if the online loan is not overdue, the application and use records will remain in the credit report. Frequent application records will reflect the person's poor financial situation. At this time, getting a card or a loan will be affected to some extent.

The impact of online lending big data on individuals is to apply for new loans, which is difficult to approve. Although online lending is very convenient now, we must spend rationally, pay attention to repayment on time, and maintain our credit record.

Long-term use of online loans must pay attention to your own online loan big data to prevent it from becoming a blacklist of online loans because of blind application.

Just search: Lan Bing data. Click Query, enter information to query your own 100-line credit data, which come from the national online lending platform and UnionPay. Users can query their own big data and credit status, obtain various index data, and query their own personal credit status, blacklist status, online loan application records, application platform types, online loan credit line estimation and other important data information.

Compared with the central bank's personal credit report, online lending big data has a wider scope and more diverse institutions. It is a part of personal credit records and a useful supplement to the traditional personal credit report.

Legal basis: Article 13 of the Regulations on Credit Management requires the consent of the information subject, and personal information may not be collected without its consent. However, information disclosed in accordance with laws and administrative regulations is excluded.

Information related to the performance of duties by directors, supervisors and senior managers of an enterprise shall not be regarded as personal information.