After the loan principal is repaid, the interest will continue to be repaid. Principal and loan interest are both loan amounts, which need to be repaid by users, otherwise it will be overdue. In order to avoid overdue, users need to repay as soon as possible. The above indicates that the principal has been paid off. Do you want to continue to pay related contents?

Adverse effects of overdue loans in the short term.

Different asset institutions have different definitions of overdue loans in the short term. For overdue loans in a short period of time, institutions generally do not take compulsory measures, but will make repayment reminders and reminders. The results are as follows:

1, huge fines and contract liquidated damages: after overdue, not only the loan interest and principal should be repaid, but also huge overdue interest and contract liquidated damages should be paid;

2. Leave a personal credit stain: there will be overdue records on the credit report. Even after repayment, overdue records will be kept for 5 years, which may affect almost all financial activities of users.

3. Receiving short messages and phone calls: The next institution will continue to send short messages and phone calls to collect overdue assets, inform users of the serious harm of overdue, and order users to repay overdue principal and interest within a time limit.

Related knowledge of online loan credit information

1, the solution of online loan credit record is very personalized: online loan credit is much more personalized than traditional banks, that is, it will give users a certain grace period if they unintentionally overdue for a period of time, but if users default for a long time, there will still be bad credit records;

2. The retention period of credit records of bank loan default is 5 years: the retention period of personal bad records of credit reporting institutions is 5 years from the date when various bad behaviors or events stop. After clearing the principal, interest and contract penalty, other banks can't find it for more than 5 years. However, the bad credit record will be kept until the loan is settled, so users need to be cautious in lending to avoid overdue;

3. The retention period of overdue bad credit records of credit cards is 2 years: the repayment information of bank credit cards will be recorded by the central bank's credit information system for one year. If the credit card is cancelled, the record will be kept for a long time. Therefore, bank credit card users can swipe their cards for two years after the loan is settled, and maintain good credit during this period, and delete bad credit records from the credit information system.

This paper mainly focuses on whether the principal has been paid off and whether it is necessary to continue to pay back the relevant knowledge points. The content is for reference only.