What will happen if Gitzo Finance is overdue?

1, resulting in high overdue penalty interest.

If the loan is not paid after the repayment date, there will be a high penalty interest, usually 0.5 times the normal interest of 65438+. The longer the time in loans overdue, the more penalty interest will be generated, which is subject to the regulations of Gitzo Finance.

2. Overdue records affect credit reporting.

According to the relevant regulatory requirements, Gitzo Financial Loan will not truthfully report the credit information to the central bank. When, how much and how long it is overdue will be displayed on the personal credit report, and personal credit will be reduced.

3. Affect the handling of other credit businesses.

The overdue contents recorded in the credit report will not disappear until five years after the date of overdue settlement. If Gitzo's financial loan is not repaid, this overdue negative record will always accompany you, and it will be difficult to apply for mortgage, car loan and credit card in the future.

4. The loan platform continues to collect.

From the first day of overdue, you will receive SMS reminder. If you ignore them, you will continue to receive collected emails or phone calls. If you can't contact yourself, you can contact other emergency contacts, such as family members, and it is more likely to send someone to pick it up at home, which will affect your normal life.

5. Require a one-time settlement of all loans.

For example, if you apply for a Gitzo financial loan, it will be repaid in 24 installments, but the borrower will not repay the first two installments normally, then the platform is likely to require the borrower to repay all the loan principals in subsequent installments at one time, so that the repayment pressure of the borrower will be even greater.

6, facing the risk of being sued

If the penalty interest, collection, influence on credit information and other consequences cannot make the borrower pay off the loan, Gitzo Finance can only bring a lawsuit to the court according to the loan contract, and ask the court to take compulsory measures after the judgment to make the borrower fulfill the repayment obligation. Even the borrower can be included in the list of untrustworthy people, publicized nationwide, and punished by credit.

If you have overdue records online, or have loan records from multiple platforms, your records will be subject to big data risk control. When your online lending platform often rejects you, even the flower garden will close. If there is any abnormality in your online hacking data, you can find Sixi data, which means that you can get your own big data and credit status, various indicator data, your personal credit status, blacklist, online loan application record, application platform type, overdue amount, whether there are arbitration cases, and other important data information.

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Gitzo's financial loan is still not paid. What's the solution?

There are several solutions to loans.

1. Borrow money from relatives and friends.

Since we are friends and relatives, we will be more or less affectionate. In a difficult situation, it is still possible to help us out of trouble, but we also need to control it. We can't reach out and borrow it unscrupulously. It's not good to hurt the original mutual affection.

2. See if you can apply for deferred repayment.

Loans are usually temporary, and the purpose of Gitzo Finance is nothing more than to recover the arrears, so delaying repayment is a solution, such as extending the repayment period and changing the repayment method, which can not only reduce the repayment pressure of borrowers, but also enable Gitzo Finance to recover the principal and obtain certain income.

3. Strive to increase income sources.

Although the loan has not been repaid, life still needs to go on, and hard work is indispensable. Only work can get the source of income, which is the basis for paying off the loan.

4. Sell some idle items.

For example, digital appliances, precious metal jewelry, self-use cars and so on. It is better to sell them for money than to be enforced by the court in the future. Even if the loan cannot be settled at one time, some overdue consequences can be alleviated, and the problem can always be solved by combining other methods.