Enjoy the short messages sent by Voda.

No, there will be the possibility of prosecution after the deadline, or collection by other means.

The harm of loans overdue:

1. If penalty interest is imposed, 50% interest will be added.

Although the policies of each lending institution are different, on the whole, banks will be more relaxed than small loan companies. If the credit is loans overdue, the lending institution will first make a payment to remind the borrower to repay the loan, and the interest rate will rise at a daily penalty interest rate.

Penalty interest varies from lending institution to lending institution. For example, Citibank will charge 50% interest on the basis of the original interest rate, and some small loan companies may charge more liquidated damages. This means that you have borrowed about 65,438+100,000 yuan, but if you don't pay it back for more than three months, you may eventually have to pay interest and late fees of 65,438+100,000 yuan.

2. Having a bad credit record will affect future loans and handling credit cards.

Every day after you are overdue, your name will appear in the internal system of the bank at the same time, and then the president and risk control will see it. After overdue, bad records will inevitably be left in the credit report. Once it leaves, it may remain for three to seven years. If you want to borrow money from other banks in the future, you may not be able to apply easily because of bad credit.

If the overdue situation is serious, both mortgage and car loan will be affected in the future. Penalty interest is only a loss of money, while bad credit records are a loss of intangible assets, and the impact is irreparable by money.

3. You can't enjoy preferential loans or even apply for loans.

When many people apply for mortgage again, they find that they have left too many overdue repayment records on the old mortgage because of carelessness. In addition to the penalty interest for overdue mortgage repayment, they may not be able to obtain the preferential interest rate of bank mortgage smoothly. More importantly, it is impossible to apply for a mortgage again.

Being blacklisted, children can't go to key schools.

For some "Lao Lai" who deliberately delay their travel debts, they will be blacklisted. So that you can't take a plane, a high-speed rail, accommodation, etc. ; More seriously, children will not be able to attend key schools; There will be more punishments in the future, so it can be said that life is hard.

5. Affect personal career.

For students who have been studying in loans overdue for more than 90 consecutive days and the circumstances are serious, the bank or school will publish the ID number and overdue information in the media, or inform the work unit. The bank will sue those who owe money maliciously or intentionally. If it is overdue for 90 days in a row and can be remedied in time and repaid on time, the credit level will not be greatly affected.

6. The bank sent a lawyer's letter to the court for prosecution.

If you haven't paid the bill for more than 3 months, it's very serious! If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.

7. After the judgment comes down, it will be enforced.

After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.

8. Those with serious circumstances will be punished by law.

If you have the ability to refuse to implement the effective legal documents, you will be punished by law. If the debtor is unable to repay, the guarantor shall be liable for repayment.