1. Interest is required. Once Xiaomi Finance is overdue, it will start to calculate interest, and 0.75% of the overdue amount will be generated as penalty interest every day, which will be paid together with the repayment.

2. Payment will be made by the platform, usually by SMS or telephone.

3. Failure to record credit information at the meeting will affect personal credit, as well as the credit business and credit line applied for later.

What will happen if Xiaomi's loan is paid back one day late? Too serious to bear!

Xiaomi Loan is a mobile phone loan platform owned by Xiaomi, and many users have applied for it. Some netizens asked, what will happen to Xiaomi's loan one day later? What will happen to Xiaomi loans overdue? Let's talk about it briefly. I hope it will help everyone.

1. What will happen if Xiaomi's loan is one day late?

Xiaomi loans overdue will not be severely punished for one day, which mainly affects the pass rate and quota of subsequent applications. It is recommended to return it when it expires. In addition, a penalty interest will be charged if overdue, and a penalty interest of overdue amount will be generated every day.

Second, what are the consequences of Xiaomi loans overdue?

In addition to the impact of the above penalty interest and refinancing, Xiaomi loans overdue has the following consequences.

1. Credit: Xiaomi loan will be raised. If it has not been returned, the platform will upload the overdue records to the credit report, leaving a credit stain.

2. Collection: In case of intentional breach of contract, the platform will definitely call the contact person in order to recover the arrears. At that time, not only will borrowers lose face, but they will also bring trouble to relatives and friends.

If it is overdue for more than 90 days, the platform will definitely sue. It's not good to go through legal procedures and be listed as a person who has broken his promise. If it is really difficult to repay, you can negotiate with the platform to see if you can postpone the repayment. It is said that the success rate of negotiation is still relatively high.

The above is about "What will happen if Xiaomi's loan is one day late? What are the consequences of overdue? " The answer. Generally speaking, Xiaomi loan is a formal lending platform, and overdue punishment measures are still very heavy. We'd better repay the loan on time, not overdue.

Did Xiaomi borrow money from a star and report it at the meeting one day overdue?

No, Xiaomi loan is one day late, as long as it is paid off in time, it will have little impact on credit reporting (Xiaomi loan can upload personal credit reporting records in time, and you can call customer service). If it is overdue, it will affect personal credit. However, if you return it one day late, there will be a penalty interest, which will also affect the pass rate of the next application.

Extended data:

Credit investigation includes personal credit and enterprise credit. Of course, there are also government credit reports, but they can be ignored.

Enterprise credit investigation refers to the comprehensive evaluation of credit ability (mainly solvency and solvency degree) of enterprises, bond issuers, financial institutions and other market participants on the basis of analyzing and studying their credit records, operating level, financial situation, external environment and other factors. Formally, enterprise credit investigation is a comprehensive analysis and measurement of performance ability and its reputation, and it is an indispensable intermediary service in the market economy system.

Personal credit investigation refers to the activities of personal credit investigation institutions established according to law to collect and process personal credit information and provide personal credit information inquiry and evaluation services according to the requirements of users. Personal credit report is a personal credit history record provided by a credit reporting agency to legitimate information inquirers after processing and sorting out the information collected according to law.

The credit report is based on the Report on the Development of Credit Information Industry in China (2003-20 13) forwarded by People's Republic of China (PRC) and issued by the People's Bank of China. It is a way to collect, sort out, save and process the credit information of natural persons, legal persons and other organizations according to law.

In addition to the most common credit card overdraft and personal mortgage repayment in loans overdue, some behaviors such as arrears of living expenses and guarantees may be included in the personal credit report. The report shows whether I owe taxes, civil judgments, enforcement, administrative penalties or telecommunications arrears. , which will be displayed in the report.

The person subjected to execution refers to the person who has failed to fulfill the obligations specified in the effective legal documents, and has legal circumstances such as "unable to perform" and "resisting execution", so he is listed on the list of persons subjected to execution by the people's court according to law.

Overdue repayment refers to the situation that the final repayment period stipulated by the bank is exceeded and the consumption money is not deposited in the designated account in full and on time. Overdue interest will be generated, which will affect the credit information, and in serious cases, it will be prosecuted by the court and imprisoned.

What should I do if Xiaomi Financial Online Loan is temporarily overdue?

The solution is as follows: car cluster?

1. Apply for extension, that is, extend the loan term, and the loan extension shall not be lower than the original loan conditions. The extension of short-term loans shall not exceed the original loan term; The extension of medium-term loans shall not exceed half of the original loan term; The longest extension of long-term loans shall not exceed 3 years. If the customer fails to apply for extension or the extension application is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date.

2. Borrow money to repay.

3. Seek help from lending institutions. When the loan is about to expire, choose to seek help from other lending institutions. If the amount is small, you can consider applying for an unsecured loan.

Xiaomi finance

It is the financial technology service platform of Xiaomi Company, which was officially launched in May 20 15. Relying on Xiaomi Group's "mobile phone +AIoT" dual-engine strategy, Ye Fan ZhaXiaomi's financial business mainly revolves around the group's ecological chain, and its main business scope includes consumer credit, third-party payment, internet finance, internet insurance, supply chain finance and so on.