Before applying for a loan, the borrower needs to authorize 360 IOUs to check the credit information. After the loan is successful, it will be recorded in the credit information system, even if it is not overdue. Therefore, we must carefully apply for a 360 loan. Don't apply for this kind of micro-loan casually if it's not for practical needs, so as not to leave too many credit records, and don't overdue repayment.

Getting credit information is not necessarily a bad thing. Reasonable use of the records left by microfinance, as long as it does not contain overdue records, has little effect on applying for other credit business.

Consequences of overdue 360 IOUs;

1. If you borrow from 360 every day, you need to pay the penalty interest of the loan, and the amount of the penalty interest is much greater than the loan interest.

2. After the overdue period, not only should I bear the loan collection of 360 staff members, but I may also be sued in court and get into a lawsuit.

3, it will lead to your bad credit, and even become a blacklist, which will affect your daily life.