1. Momo Wallet is a financial consumption APP, formerly known as Momo Loan, which is a micro-credit loan service for female borrowers. According to the information released by the wallet and the feedback from many netizens who have used the wallet, if the wallet is overdue, it will not be directly uploaded to the central bank for credit investigation.
2. However, the wallet will upload the overdue records to NFCS Shanghai Credit Information and Sesame Credit. NFCS Shanghai Credit Information Bureau is a holding subsidiary of China People's Bank, which can be said to be an effective supplement to the central bank's credit information system. Therefore, bad records are likely to be uploaded to the central bank's credit information center eventually. And it will also affect your sesame credit, let you enter the blacklist of online loans, and you may not be able to borrow in the future.
3. In addition, if the wallet is overdue, you need to pay overdue penalty interest, and you will call the contact person when you collect it. It can be seen that the consequences of your wallet overdue are quite serious. Those who apply for wallet loans must pay attention to repayment on time to avoid overdue.
4. The wallet can't receive credit information, but it will upload the overdue records of users to various credit information systems, such as Sesame Credit, and the impact is also very great. Therefore, users must repay the loan on time after using the wallet to avoid overdue.
5. After loans overdue on the wallet, the platform will remind you at the first time. At this time, it will not have any impact on the borrower's repayment of debts. If the user fails to repay, the platform will call for collection, and it is possible to call a friend in the address book. At this time, personal reputation will be seriously damaged.
6. After the wallet is in loans overdue, there will be a penalty interest. The longer the time, the more penalty interest will be generated, and the penalty interest will also increase the burden on users to repay their debts. Therefore, when users use any wallet to borrow money, it is best to estimate their repayment ability in advance, so that they will not be overdue later.
7. The maximum amount of wallet loan you can apply for is 20,000 yuan, but the actual amount of the next payment needs to be determined according to the materials submitted by the user. The longest service life is 12 months, in which the applicant must be female, and secondly, you must have the mobile phone number of the real-name registration system and have been in normal use for more than 6 months, with sesame score of more than 600.
Operating environment: Huawei Glory V20harhonyos2.0.0
Yao Yao wallet V3. 1.0