Legal subjectivity:

Loans that are overdue and have a credit report will have the following impacts on customers. If it affects the customer's ability to carry out other credit activities, the institution will reject the loan. Applying for credit exemption business will be affected. If it is overdue, it will be collected by the lending institution. A large amount of penalty interest will be incurred after the expiration date. Regarding the question about the impact of overdue loans on your credit report, the editor of the website will answer it in detail for you below. 1. What is the impact of an overdue loan and a credit report? An overdue loan and a credit report will have the following impacts on customers. 1. If it affects the customer's ability to carry out other credit activities, the institution will reject the loan. 2. The credit exemption business will be affected. 3. If the loan is overdue, it will be collected by the lending institution. 4. A large amount of penalty interest will be incurred after the deadline. 5. Overdue records on your credit report will remain until the debt is paid off. Therefore, before applying for a loan, customers need to consider their own needs and financial income, and apply for a loan reasonably on the premise that the income can cover the loan expenses, so as not to bring too much repayment pressure to their future lives. If it is likely to be overdue, you should also contact the lending institution in time to see if you can apply for a deferment of repayment or a reduction or exemption of penalty interest. 2. What should you do if your online loan arrears are overdue and you can’t repay them? Apply for an installment or extension, show your good willingness to repay, and apply for an installment or extension to the lending institution. Compared with the risk of you not paying back at all, this point also has room for negotiation. of. If you really can't pay it back, you can ask relatives and friends for help. After all, this kind of thing is no joke. If there are friends who can help, they can still help you solve your temporary difficulties. When it comes to repaying an online loan, there are three specific steps to deal with it. The first step is to stop all loans to support loans and seek understanding and help from family members. First of all, don't use loans to support loans. This will only make online loans more and more repayable, and all platforms will become overdue if they are overdue. Confess to your family and seek their understanding and help. The second step is to respond rationally when faced with huge profit collections. Post a statement in advance in your circle of friends to explain to everyone the huge profit collection you are experiencing, apologize for the possible harassment, and suggest everyone cooperate to hang up these disturbing calls and leave them with new numbers to reduce the number of old phone numbers. use. The third step is to understand your own dishonesty and work hard to repay the loan actively. Check your credit through the credit reference center, and understand which online loans have been entered into the credit reference system and which ones have not been entered into the credit reference system, so that you know what to do and repay the loans in order. What's more important is to find a job and work hard to make money, and negotiate with banks or lending institutions to extend the repayment period or repay in installments. The above is the relevant content compiled by the editor. It can be seen that after the customer is overdue, once the platform reports the overdue record to the credit report, the customer will be seriously affected. Even if a customer repays an overdue loan, the overdue record on the credit report will still be retained for five years, which will affect the customer for a long time. If you have any other needs, please go online for one-to-one legal consultation. Legal objectivity:

Article 13 of the "Regulations on the Administration of the Credit Reporting Industry" requires the consent of the information subject to collect personal information, and it shall not be collected without the consent of the individual. However, information disclosed in accordance with laws and administrative regulations is excluded. Information related to the performance of duties by the company's directors, supervisors, and senior managers will not be regarded as personal information. Article 14 Credit reporting agencies are prohibited from collecting personal religious beliefs, genes, fingerprints, blood types, disease and medical history information, as well as other personal information prohibited from collection by laws and administrative regulations. Credit reporting agencies are not allowed to collect personal income, deposits, securities, commercial insurance, real estate information and tax amount information. However, this is an exception unless the credit reporting agency clearly informs the information subject of the possible adverse consequences of providing the information and obtains its written consent.