The consequences of not repaying the loan at maturity are as follows:

1. First of all, the loan will not generate bad credit records, which will affect other credit businesses in the future.

2. Lending institutions will charge overdue penalty interest and liquidated damages. The longer they are overdue, the more money they have to pay.

3. If the overdue period is long and the amount is large, loans can also be made by lending institutions. Those who still fail to repay the loan after the judgment will be included in the "list of people who have lost their trust" and cannot take high-speed trains or planes.

Extended data:

How can we negotiate successfully with the bank?

Users who want to negotiate with the bank for successful repayment must take the initiative to contact the bank after loans overdue to show that they are not maliciously overdue. After that, the user submits the repayment application through negotiation. During this period, it is best to submit some supporting materials, such as unemployment certificate, minimum living allowance, medical records of major cases, disability certificate, etc. , which can help users negotiate successfully.

The user is not maliciously overdue, and there are sufficient proof materials to prove that his repayment ability is insufficient. The bank will consider it as appropriate, and the probability of successful negotiation will increase. User loans overdue doesn't repay the loan, and subsequent banks need to deal with bad debts, so all losses need to be borne by banks. Users are willing to repay, but they just need to postpone the repayment time, and the bank will definitely be willing to give convenience.

Of course, users are often overdue or have been listed as risk customers by banks. At this time, it is highly probable that the application for repayment by agreement will fail. Even if the user is fully prepared for the negotiation, the final negotiation failure is possible.

Can I not repay the loan? These situations are really possible!

Nowadays, many people choose loans to solve their financial problems. There are many ways and types of loans, and most people can find products that suit their needs. So can the loan not be repaid? These situations are really possible! Let's get to know each other.

I. Loans not executed by me

With the continuous development of the Internet, personal information is flying all over the sky, and privacy leakage is very serious. Some criminals will use our identity information to borrow money. If there is such a "loan", as long as it can be proved that the parties have not applied for a loan and have not received the money, there is no need to repay. If there are overdue records in the credit report, you can also raise objections and explain the situation to the bank for cancellation.

Second, institutions do not have the qualification to lend.

Borrowing institutions must be issued with legal person licenses or business licenses of financial institutions, and approved and registered by the administrative department for industry and commerce. Bank loans are not allowed to give credit loans to bank-related personnel, otherwise they will be regarded as invalid loans, in which case there is no need to pay back the money.

Third, the loan contract is not clearly described.

According to Article 37 of China's Commercial Bank Law and Article 6 of the Regulations on Loan Contracts, a loan contract shall stipulate the loan type, purpose, amount, income, repayment period, method, liability for breach of contract, etc. If the above contents are violated, the contract is invalid and there is no need to repay.

Four, signed a contract, in fact, no loans.

If a contract is signed/signed with a lending institution, but no money is received, in this case, the contract is invalid and no repayment is required.

Verb (abbreviation of verb) invalid loan contract signed by agent

Generally, loan contracts need to be signed in person. If the borrower is unable to attend, the agent will sign the agreement on his behalf. However, if the agent has no right to represent or the agent has signed an agreement, then the loan is invalid and there is no need to repay.

Can't the online loan be repaid?

1, no.

2. Usually, non-payment of money belongs to civil affairs and does not rise to the criminal level. However, if the borrower refuses to implement or has the ability to repay, and insists on defaulting, then the borrower can be investigated for criminal responsibility, and if the circumstances are too serious, he will go to jail.

3. Both banks and online loans have their own collection systems. Novices will text you and call you for money. In some serious cases, there will even be a collection staff pressing you around the clock, seriously disrupting your work and life. The average person can't stand this kind of "spiritual oppression".

Extended data:

Does online lending belong to it?

1, online loans do not necessarily belong to.

2. If the interest of online loan exceeds 4 times the quoted interest rate of one-year loan market, the debtor may refuse to repay the excess interest without legal protection. However, the principal and legitimate interest must be repaid, and the law does not prohibit some debtors from voluntarily paying more. If no interest payment is agreed in the online loan contract, it shall be deemed as no interest.

This concludes the introduction of whether the loan can be repaid. I wonder if you have found the information you need?