No, it will also affect the credit information. If it is blacklisted, it will be subject to many restrictions. You can negotiate to change the number of periods. Loans overdue, an online merchant, will be prosecuted for more than three months. The general statute of limitations is three years from the agreed loan maturity date, which is the statute of limitations for prosecution. The general platform will sue the debtor after two or three times of collection, and it will not exceed three years after the loan expires. If a lawsuit is filed, it is usually between two and three months after the debtor's overdue payment. The regulations of each platform are different. It is recommended to repay as soon as possible, with high overdue fees, fancy platform collection and personal credit reporting.

Led by the National Development and Reform Commission and the Supreme People's Court, the People's Bank of China, the Central Organization Department, Publicity Department of the Communist Party of China, the Central Organization Office, the Central Civilization Office, the Supreme People's Procuratorate and other 44 units jointly signed the Memorandum of Cooperation on Joint Punishment of Those Executed for Breach of Trust on October 20th, 65438. The memorandum proposes 55 disciplinary measures, which are divided into eight categories. The first category is the restrictions on the establishment of financial institutions by malicious people. The second category is the restrictive measures against the commercial behavior of the people who have been executed for breaking their promises; The third category is the restrictions on the industry access of the person who has lost his trust, such as restricting his employment (employment) as a civil servant or a staff member of a public institution; The fourth category is the restrictive measures for the person who has lost his trust to hold important positions, such as restricting the directors, supervisors and senior managers of financial institutions; The fifth category is restrictive measures to enjoy preferential policies or honors for those who have lost their trust; The sixth category is the restrictive measures against the high consumption behavior of the untrustworthy executors, such as restricting flying, train soft sleeper, high-speed rail, and restricting children from attending high-cost private schools; The seventh category is the restrictive measures to restrict the exit, conviction and punishment of the person who has lost his trust; The eighth category is the measures to assist in inquiring and publicizing the information of the person who has lost faith.

Legal basis:

Interim Measures for the Administration of Personal Loans

Article 35 After the personal loan is issued, the lender shall take effective measures to track, inspect, monitor and analyze the use of loan funds and the changes of the borrower's credit and guarantee to ensure the safety of loan assets.

Article 36 Lenders shall distinguish the types, objects and amounts of personal loans, and determine the corresponding loan inspection methods, contents and frequencies. The internal audit department of the lender shall conduct spot checks and evaluations on the work quality of the loan inspection department.

Article 37 The lender shall regularly track, analyze and evaluate the borrower's performance of the loan contract, and take it as the credit evaluation basis for subsequent cooperation with the borrower.

Article 38 The lender shall, in accordance with the provisions of laws and regulations and the provisions of the loan contract, investigate the liabilities for breach of contract for the borrower's failure to provide true and complete information or to use and pay the loan as agreed in the contract.

Article 39 With the consent of the lender, individual loans may be issued.

For personal loans within one year (inclusive), the cumulative extension period shall not exceed the original loan period; For personal loans of more than one year, the cumulative extension period and the original loan period shall not exceed the maximum loan period stipulated by the loan variety.

Article 40 The lender shall recover the loan principal and interest in accordance with the loan contract.

For loans that are not repaid according to the loan contract, the lender shall take measures to collect or restructure by agreement.

Derivative problem:

What's the number of periods?

1, three times

The first payment is four months after purchase, the second payment is four months later and the third payment is four months later.

2, 6 times

The first payment is 2 months after purchase, the second payment is 2 months later, and the sixth payment is 12 months after purchase.

3, 12 times

The first payment after purchase, the second payment after one month and the twelfth payment after twelve months.