First, what will happen if you borrow thousands of dollars from online loans? 1, and bear high overdue fees. For overdue fees, different online lending platforms have different names and different charging standards. Whether it is called overdue penalty interest, overdue management or other various names, the charging standard is very high. Therefore, those who have the ability to repay on time should never be overdue. 2, undertake the platform fancy collection. The collection is generally divided into three stages: the first stage, just a few days after the overdue, the platform customer service MM will gently remind you that it is overdue, please repay it on time; In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that it will face serious consequences if it is overdue; In the third stage, it was overdue for a long time, and the platform stopped trying to convince the other party and began to take practical actions. There are many practical actions, such as: the platform pushes your arrears information to your relatives and friends, which makes you lose face in the circle of friends; The platform arranges special collection personnel to collect money at home and communicate face to face to collect accounts. Of course, these are still relatively mild. Some platforms outsource collection, and special collection companies collect them. The collection company "violent collection" that broke out some time ago believes that borrowers are not willing to encounter it. 3. The credit information of China People's Bank is tainted. At present, most online lending platforms have not been connected to PBOC's credit information system, but it has become an inevitable trend to connect to PBOC's credit information system. In the future, if the online lending platform fails to repay the loan within the time limit, it will be recorded in the credit information system of the People's Bank of China, just like bank loans and credit cards that are overdue, causing credit stains. If the previous consequence is only losing face, then the stain of credit information will affect real life, and there is no way to borrow money if you want to buy a house, no way to mortgage if you want to buy a car, and so on. The defendant went to court. After the loan is overdue for a long time or deliberately not repaid, the amount exceeds 2000, which can already constitute a crime and is in danger of being sued by the online lending platform. Once the online lending platform wins the case, the borrower not only has to pay the money that needs to be repaid, but also pays the litigation costs and huge fines of both parties, and even faces jail time. II. Provisions of peer-to-peer lending Laws and Regulations on Loan Agreement "Several Opinions of the Supreme People's Court on People's Trial of Loan Cases" Article 10: A loan relationship formed by one party by means of fraud or coercion or taking advantage of a person's danger in violation of its true meaning shall be deemed invalid. Article 11 of Several Opinions of the Supreme People on People's Trial of Lending Cases: Lenders know that borrowers borrow money to engage in illegal activities, and their lending relationship is not protected. Article 6 of the Supreme People's Court's Opinions on People's Trial of Lending Cases: "The interest rate of private lending can be appropriately higher than that of banks, and people in various places can grasp it according to the actual situation in the region, but the maximum shall not exceed four times (including interest rate) of similar loans from banks. Beyond this limit, the excess interest will not be protected. " Intermediaries that provide media services for concluding loan contracts may collect corresponding remuneration from the entrusting party according to law. Therefore, the existence of loan service institutions and the collection of service fees are in line with the law and protected by law. Regulatory thinking 20 11On August 23rd, the general office of the China Banking Regulatory Commission issued the Notice on the Risk Warning of Renren Loan, which clarified that four red lines should be reasonably set for the business boundary:1,clarified the intermediary nature of the platform 2, clarified that the platform itself should not provide guarantee 3, and should not engage in fund pools 4, and should not illegally absorb public deposits. After the industry norms are achieved, the CBRC and banks or banks will not be allowed to participate in the business. In view of the mixed industries in P2P peer-to-peer lending, provincial regulatory authorities can learn from modern information technology, establish relevant electronic registration and fund custody systems, do a good job in special governance, and promote the healthy development of online lending platforms. Operation suggestion 1. Clarify the intermediary nature of the platform and strictly observe the intermediary role of fund matching; 2. Do not raise funds, engage in fund pools, illegally absorb public funds, and do not touch the red line of illegal fund-raising; 3. Make it clear that the platform itself does not provide guarantee, and strictly review the qualifications of the guarantee institutions introduced; 4. Resolutely stop forging false borrowers and oppose loans and false loans from the platform and its associated accounts; 5. Strictly abide by the bottom line of information security to protect investors and information security; 6. Third-party custody of investors' funds to ensure the safety of investors' funds; 7. Guide investors to invest rationally, clarify the charging standards, and not excessively pursue high returns; 8. Full disclosure of information, disclosure of its own business information, and necessary risk warning; 9.* * * Promote the construction of industry self-regulatory organizations and perfect credit system; 10, adhere to the inclusive finance concept, * * * committed to solving the financing difficulties of SMEs. To sum up, if you borrow an online loan, you must repay it on time according to the contract. If there is non-repayment or overdue repayment, then these online loan companies will implement various dunning methods to make the other party pay back the money, and will also generate high interest. Therefore, it is natural to pay back the money in arrears, and we must handle things in accordance with the regulations.
What if the credit card owes thousands?
1. The borrower's credit is affected. Because the bank pays more attention to the borrower's personal credit, if the loan is not repaid, the personal credit will be affected, which will directly affect the borrower's future loans.
2. Penalty interest will increase the repayment pressure in the future. If the borrower fails to repay the loan, there will be a penalty interest with the progress of time, which will increase the repayment pressure of the borrower.
3. If loans overdue stays for a month or two, the bank will not call the borrower immediately to urge him to repay the loan. If it fails, the bank will have a special person to communicate with the borrower.
4. If the communication fails, the borrower provides collateral as a mortgage loan, and it cannot be repaid after repeated dunning, and the collateral will be auctioned to repay the loan.
5. There is a penalty interest. Although the policy of each lending institution is different, if the credit is in loans overdue, the lending institution will first call to remind the borrower to repay the loan, and the interest rate will rise as a daily penalty interest.
6. You can't enjoy preferential loans or even apply for loans. When many people apply for a mortgage again, they find that they have left too many overdue repayment records on the old mortgage because of carelessness.
7. If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;
8. When accepting enforcement, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;
9. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.
Extended data:
According to Article 242nd of the Civil Procedure Law of People's Republic of China (PRC), if the person subjected to execution fails to perform the obligations specified in the legal documents according to the notice of execution, the people have the right to inquire about the deposits, bonds, stocks, fund shares and other properties of the person subjected to execution. From the relevant units.
The people have the right to seal up, freeze, transfer or change the property price of the person subjected to execution according to different circumstances. The property inquired, sealed up, frozen, transferred or changed by the person subjected to execution shall not exceed the scope of obligations that the person subjected to execution shall perform.
In addition, in loans overdue, the borrower's credit information will be badly recorded, and he will become the person who has broken his promise, which will affect his future lending behavior and even his normal life.