You and I will call the people in the address book in loans overdue in a few days.

How often does loans overdue call people in the address book? There is no definite time node.

1. If your loans overdue amount is relatively large and your willingness to repay is poor, the platform will collect the address book one day after the deadline;

If the borrower owes less, it will generally start to collect after one week. You and I will not only call the contact provided when borrowing money, but also pull the borrower's address book, send text messages to everyone in the address book and call for collection. Therefore, after you hacked the address book in loans overdue, it still had a great impact on your life and work. Users are advised to repay in time after overdue.

2. It should be noted that those whose loans are seriously overdue may face the risk of being sued. After the collection is unsuccessful, the platform can ask the overdue person to return the arrears as soon as possible through judicial channels. After your arrival in loans overdue, there will be a series of adverse effects. Loans overdue, began to calculate the penalty interest. From the first day of the overdue date, interest shall be charged at the stipulated default interest rate. Generally, the default interest rate is higher than the loan interest rate, and the interest will gradually accumulate until the borrower pays off the debt.

3. To sum up, your overdue loan will not only generate penalty interest, but also affect personal credit, and upload overdue bad records, which will have an impact on handling various credit businesses in the future.