1. Overdue information will be uploaded to the People's Bank of China or a third party for credit investigation, and it will be difficult to borrow money in the future.

2. If it is overdue, there will be a high overdue fee. The overdue interest rate of overdue principal or interest is 65438+ 0.5 times the normal loan interest rate.

Extended data:

On June 5438+05, Xiaomi Finance indicated through the official account of Weibo that due to the abnormality of the docking system with Minsheng Bank, the repayment information of a few users was not updated in time. At present, a solution has been worked out together, and the correct information will be updated according to the actual repayment situation within 30 days.

Mr. Lin said that as far as he knows, most of the people affected this time are Xiaomi mobile phone users. The reporter also found in the interview that the users affected by this incident are mainly young people. Based on the brand trust of large Internet companies and the trust in the more convenient borrowing process of the Internet financial platform, Xiaomi Financial Platform was chosen to borrow.

According to the information released by Xiaomi Finance, users such as Mr. Lin and Mr. Chen expressed great dissatisfaction. They think that the credit information they really care about has not been given enough right to know.

The question that users are more concentrated is whether Minsheng Bank has reported overdue to the relevant departments. Can overdue reports be completely deleted without any records? How is the overdue processing going? At present, these problems have not received a clear response from Xiaomi Finance and Minsheng Bank.

Some users affected by this incident also reported to reporters that Xiaomi Financial Customer Service attempted to appease users by issuing 100 yuan interest-free repayment coupons, which they said was unacceptable.

Many users told reporters that for Minsheng Bank, it was found that the loan users of the same service channel were overdue in batches. Don't you need to confirm the repayment ability with the user himself, so arbitrarily confirm it as overdue?

Some experts in the industry said that many Internet companies have entered the field of financial services across borders with the help of powerful terminal platforms, but this incident has sounded the alarm for everyone. In the field of financial services, security should not be a "dispensable" service, but an insurmountable bottom line for financial services. Internet platforms should be more cautious about the safety of consumer funds.

Xiaomi Finance-Xiaomi Loan

Xinhuanet-Xiaomi Finance's normal repayment is "overdue credit". Where did the money go?