Any formal lending platform with a financial license approved by the CBRC will generally not charge customers any fees before the loan funds are distributed to the account. Therefore, customers must not pay back the money, otherwise it is easy to fall into a loan scam. After paying back the money, the platform will not borrow money and directly "roll the money and run away". Even after the loan, most of the money paid before will not be refunded. In fact, it is equivalent to the platform charging "beheading interest". It should also be noted that after applying for new loans on other platforms, you need to find a formal licensed consumer financial institution. Don't borrow money from unknown microfinance companies.

1. Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and on the condition that they must be returned. A simple and popular understanding is to borrow money with interest. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

2. Interest refers to the remuneration paid by the borrower to the lender for obtaining the right to use the funds, which is the use price of the funds in a certain period (i.e. the loan principal). The loan interest can be calculated in detail by the loan interest calculator. In civil law, interest is the legal fruit of principal. Overdue credit cards will have the following consequences:

1, resulting in overdue interest, late fees and other expenses.

If the credit card fails to repay after the interest-free period, it will no longer enjoy interest-free rights, and it will need to pay interest, compound interest, late fees, handling fees and other expenses. Moreover, the interest is calculated from the date of credit card consumption according to the amount of consumption as the principal, which is generally five ten thousandths of the daily interest, with compound interest on a monthly basis.

2. Have a bad credit record.

Third, after the deadline, personal credit reports will produce bad credit records. For customers with bad records, BOC will treat them with caution in future loan processing, and may require customers to provide mortgage and guarantee, which may reduce the loan amount, raise the loan interest rate or even refuse the loan.