Will the installment be cancelled after the installment is overdue?

How long will the staging area be closed?

If the user fails to settle the arrears within a certain period of time, the installment repayment channel will be closed, so it is possible to cancel the installment.

The collection message or phone call received by the user only urges the user to repay the loan, and does not say that the installment repayment channel will be closed. At this point, the system will not cancel the installment payment.

Generally, the short overdue days can only repay the current arrears, and the long overdue time generally requires the user to settle in one lump sum.

Can I change the installment when the installment music is overdue 100 days?

Repay overdue loans. If the loan platform agrees, it can be repaid in monthly installments in the future.

You can't apply for installment after the installment is overdue, but the installment that has been handled before will not be affected, and the installment will not be cancelled because of the overdue installment. The borrower only needs to pay off the overdue amount and continue to repay according to the installment repayment plan.

Loans overdue.

There are both short-term and long-term loans overdue, and the consequences are different due to different overdue periods. But most people have a lot of misunderstandings about loans overdue, and they will regret it when it has serious consequences!

Short-term overdue loans and their consequences

Different financial institutions have different definitions of short-term overdue time. In view of short-term overdue, institutions generally do not take compulsory measures, but will remind them to collect repayment, and the consequences are:

1, high fines and liquidated damages

After loans overdue, in addition to interest and principal, you also need to pay a high penalty interest and liquidated damages.

2. Leave a personal credit stain

The overdue records will remain on the credit report, and even after repayment, the overdue records will be retained for 5 years. Overdue records will affect almost all the subsequent financial activities of the overdue person.

3. Receive text messages and collection calls.

Lending institutions will continuously send short messages and telephone calls to collect overdue funds, inform borrowers of the serious consequences of overdue, and order borrowers to return overdue principal and interest within a time limit.

Long-term overdue loans and their consequences

Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery if they are maliciously overdue for more than 90 days, regardless of the amount. After the court's decision, the information of the person who has broken his promise (Lao Lai) will be announced to the public, limiting his high consumption and taking the high-speed rail.

Because the supervision bureau is becoming more and more strict, the online lending platform is becoming more and more standardized and strict. Now many online loans have received credit information, so the credit information record is a matter of great concern to all borrowers.

Is it true that the installment music collection said to cancel the installment freeze?

The installment music collection said that the installment music was frozen and cancelled, which is not true.

After staging music in loans overdue, the loan amount of staging music will be frozen, but the bank card bound by staging music will not be frozen. Lenders have no right to freeze bank cards, so the call for installment music collection to cancel installment freezing is not valid.

Staging Music is a quality staging mall owned by Lexin, which was established in June 20 13. It is one of the earliest e-commerce platforms in China to launch staging shopping, adhering to the brand concept of "Enough is enough, I am happy to see better".