1, resulting in penalty interest.

Although the policy of every banking institution is the same, as long as it is overdue, there will be a penalty interest, that is, a certain percentage of interest will be added on the basis of the original interest.

2. Being listed as untrustworthy will affect future loans and property purchases.

After the deadline, the credit report will inevitably leave a bad record. If the circumstances are serious, it will not only be included in the list of untrustworthy executors, but also affect future real estate loans.

After being included in the list of people who have lost their trust, they will face a series of behaviors of "restricting high consumption". In addition to what I often hear, I can't fly by train, I can't stay in star-rated hotels, and I will face restrictions on buying real estate.

On March 16, the National Development and Reform Commission, the the Supreme People's Court and the Ministry of Land and Resources jointly issued a notice on imposing disciplinary measures to restrict real estate transactions on those who have been executed in bad faith. According to the circular, the above-mentioned three ministries and commissions * * * have taken disciplinary measures to restrict real estate transactions against those who have lost their trust and their legal representatives, principal responsible persons, actual controllers and those directly responsible for debt performance.

3, facing litigation problems

Generally speaking, after a certain period of time is overdue, the bank will issue a collection notice. If the collection fails, the bank will sue the borrower and safeguard the legitimate rights and interests through legal means.

Extended data

Loans overdue will bear the consequences of penalty interest. At present, the default interest on loans is calculated at twice the benchmark interest rate of bank loans in the same period.

So the calculation rule of overdue loan interest is: loan interest * interest rate * penalty interest rate. Secondly, loans overdue should bear corresponding legal responsibilities. Under normal circumstances, banks will collect money first. If the collection fails, a lawyer's letter will be sent to the court for prosecution. If the court sues, it will decide to auction the collateral and return the bank arrears.

The defaulting party will bear the loan principal and interest, penalty interest, legal fees and attorney fees. Finally, there will be a bad credit record of the defaulter in the bank, which will have an impact on the future loan and credit card processing.

People's Daily Online-the Supreme People's Court's Report on Two Years' Debt of Enterprises or Individuals to National Bank loans overdue.