Late car loan at the meeting 1 day?

Some car loans are overdue by one day, but the regulations may be different according to different banks or lending institutions. Under normal circumstances, if the repayment is overdue for one day due to carelessness, as long as the owner makes it clear to the loan bank or lending institution and repays in time, he can not go to the credit bureau. Once overdue, the owner should contact the customer service of the lending institution as soon as possible and take the initiative to negotiate. Generally, when overdue occurs, the bank will send a short message to remind you, so you need to repay as soon as possible after receiving the notice to avoid more serious impact.

First, the consequences of car loans overdue

1, resulting in high penalty interest.

Loan contracts generally have default clauses and penalty clauses. If the borrower repays the loan on time, it only needs to repay the principal and interest normally. Once the borrower breaches the contract, the borrower needs to pay the corresponding liquidated damages or penalty interest according to the contract.

2. Bad credit records will be generated, which will affect future loan and credit card processing.

At present, most lending institutions have been docked with the People's Bank of China's credit information system, and borrowers' overdue repayment will soon be uploaded to the central bank's credit information system, that is, the borrower's information will appear in all banks' internal systems at the earliest the next day.

After the deadline, the credit report will inevitably leave a bad record. Once you stay, you have to keep it for five years. If you want to borrow money from the bank or apply for a credit card in the future, it may be difficult to apply because of poor credit.

Penalty interest is only the loss of money, while bad credit records are the loss of intangible assets, and the impact is irreparable by money.

3. Affect personal family and life.

For overdue loans, lending institutions have a complete collection system, not just a single telephone notice. Once the borrower is overdue for a certain period of time, including but not limited to telephone collection, issuing collection notice, door-to-door collection and prosecution, the lending institution will not only collect the borrower himself, but also contact the borrower's relatives and friends, which will affect not only the borrower himself, but also the family, relatives and friends.

4. Publish personal information and apply for court proceedings.

If it is overdue for more than 90 days in a row and the circumstances are serious, the bank will publish overdue information such as personal name and ID number in the media, or notify the work unit. The bank will collect the loan according to law and bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract). The court will take measures such as property preservation, including freezing deposits in all bank accounts of lenders and loan guarantors and sealing up pledged property.

5. Being listed as a person who has lost his trust and restricted high consumption.

If the court still refuses to repay the loan after the execution of the judgment, they can report it to the Supreme People's Court and enter it into the "list of untrustworthy executors", which is also commonly known as the "Lao Lai list". They will be unable to continue to enjoy financial services, travel restrictions, affect their children's education, and the company refuses to hire or dismiss them. At the same time, they will apply to the bank to auction the assets of the debtor and guarantor.