The second loan of a small loan
The second loan of microfinance is also audited, for example, in the aspect of credit investigation, because the regulatory authorities require to inquire about personal credit reports, not only microfinance, but also formal bank loans.
In addition, it is worth noting that the personal credit inquiry of micro-loans is conducted in the name of "loan approval", so if there is no loan demand for the time being, it is recommended that you do not need to order, so as not to bring unnecessary trouble to yourself.
Small loans should not be overdue. Overdue will result in penalty interest. First of all, there must be a penalty interest. Overdue penalty interest = overdue principal × daily interest rate ×50%× overdue days. The daily interest rate is 0.05%. For example, if you borrow 5,000 yuan, you will pay interest on 2.5 yuan for each overdue day.
If you apply for a loan but don't repay it on time, your personal credit will have a bad record. Even if WeChat doesn't close your micro-loan, it will be difficult for you to withdraw cash in the future. In the initial stage of non-repayment, the customer service staff will contact you by phone or SMS to remind you to repay on time. If you still ignore it, you are likely to be sued. If the circumstances are serious or the amount is large, you will face the risk of imprisonment.
That's enough about the second loan of micro-loan Whether it is micro-loan or bank loan, overdue repayment requires penalty interest, and overdue interest is not low. The daily interest after small loans overdue is equal to the loan principal x0.05%. Therefore, after the loan, it is best to repay the loan in time.