What should I do if the low-income household loan is not paid?
1. Repay the minimum repayment amount
(1) Every bank will set a minimum repayment amount for credit card holders. As long as the cardholder can repay this minimum amount, the bank will neither charge late fees nor affect personal credit.
(2) Generally speaking, this minimum repayment amount is 10% of the bill amount. That is to say, if the debtor spent 1 1,000 yuan last month and the money in hand is not enough this month because of unemployment or other reasons, then it is enough to pay 1 1,000 yuan.
(3) However, it should be noted that if the minimum repayment amount is selected, there is no late payment fee, but the daily interest of 0.5% is charged, which is quite enough. Therefore, the borrower had better pay all the bills as soon as possible.
2. Actively negotiate with banks.
(1) If the cardholder can't even pay the minimum repayment amount 10%, then don't choose to run, that is, change the address and mobile phone, so that the bank can't be contacted. This is the worst way to handle it.
(2) It should be known that from the day the debtor applies for a credit card, the debtor's personal data and credit situation will be recorded in the central bank's credit information system. No matter where the debtor goes in the future, unless he doesn't deal with the bank in his life, he pays the water and electricity bill in his real name, buys a mobile phone card and handles fixed telephone calls. Otherwise, the bank will find the debtor, and the debtor's credit record will be smeared, which will make it difficult to obtain the approval of bank loans and credit cards in the future, and may even affect the debtor's future employment.
3. Bill installment payment
If the cardholder is temporarily unable to repay the arrears in one lump sum, he can pay the arrears in installments on the bill.
What are the consequences of credit repayment in loans overdue?
1. Personal credit information is damaged, which will affect the handling of various loans in the future.
Once the mortgage is overdue, the lender will see the overdue repayment record. If it is a strict bank, even if it is only one day overdue, the bank will enter the overdue information into the central bank's credit information system. Once the overdue records enter the credit information system, it will have a serious impact on users' application for credit cards or loans in the future. Even if they can get a loan, the loan amount will be greatly reduced.
2. Generate corresponding penalty interest and overdue fine.
Whatever the reason, as long as the mortgage is overdue, the bank will call to remind the borrower to repay, and as long as the repayment is overdue, there will be a penalty interest. The penalty interest of different loan banks is different, which is basically 30%-50% higher than the original loan interest rate.
3. Be sued by the bank.
Banks will set default clauses in mortgage contracts. If the loan is overdue for three consecutive times or six times in total, the borrower is required to repay all the principal and interest of the loan in one lump sum.
If the user's mortgage has not been repaid for more than 3 months, the bank will bring a lawsuit to the court according to the loan contract and guarantee contract. The court will take measures such as property preservation, freeze deposits in all bank accounts of lenders and guarantors, and seal up pledged property.
As long as the debtor borrows from the online lending platform, it needs to repay the principal and interest on time at the expiration of the repayment period as agreed by both parties. If the debtor fails to repay the loan within the time limit, it will face many adverse consequences. Therefore, when low-income debtors are really unable to repay, they can apply to the loan platform for deferred repayment.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
The "Interim Measures" of People's Republic of China (PRC) social assistance ninth.
The state provides minimum living guarantee to families whose per capita income of family members living together is lower than the local minimum living guarantee standard and meets the requirements of the local minimum living guarantee family property status.
Article 10
The minimum living standard is determined and promulgated by the people's governments of provinces, autonomous regions, municipalities directly under the Central Government or cities divided into districts according to the living expenses of local residents, and adjusted in a timely manner according to the local economic and social development level and price changes. Measures for determining the income status and property status of minimum living guarantee families shall be formulated by the people's governments of provinces, autonomous regions, municipalities directly under the Central Government or cities divided into districts in accordance with relevant state regulations.