Will the micro-loan freeze the WeChat account when it is overdue?
Micro-loan overdue will not freeze WeChat. Once the micro-loan is overdue, it is mostly related to borrowing and has nothing to do with WeChat itself. The platform will only make it impossible for users to use micro-loans. The impact of overdue micro-loans on individuals is still quite large. Once in loans overdue, the follow-up will become more and more serious, and the problem of short-term overdue repayment is not serious. However, if it is not returned for a long time, it will lead to bad records on the personal credit report, which will have an impact on the future. After the micro-loan is overdue, it will not affect the user's WeChat use, and there is no relationship between them. Users can also borrow money from other platforms, and the other party will still lend money to users, but users need to remember not to overdue at will. Too much overdue will have serious consequences for personal credit.
What is the impact of small loans overdue?
1, resulting in overdue charges.
After the micro-loan is overdue, Weizhong Bank will charge overdue interest from the overdue date. The interest rate of small loans overdue is generally 0.5 times of the original loan interest rate of 65438+, and overdue interest is collected on a daily basis.
2. Bad credit report
Micro-loan is a formal bank loan product, which needs credit. If a small amount of loans overdue is repaid, its overdue record will be uploaded to the credit information system of the People's Bank of China, which will have a negative impact on important loans such as mortgage and car loan in the future.
3, affect the use of microfinance.
After the micro-loan is overdue, it will reduce the comprehensive score of customers in micro-loan, thus affecting the use of micro-loan, such as reducing the quota, or even directly closing the micro-loan of customers, and it is uncertain whether it can be opened later.
Step 4 be collected
After the micro-loan is overdue, you will receive a text message or phone call from Weizhong Bank to urge repayment. If the customer has not finished handling the arrears, he may contact his relatives and friends, which will bring inconvenience to his life.
To sum up, although the overdue micro-loan will not lead to the freezing of its own WeChat, it will still have an impact on other aspects of its renewal, so the repayment work must be done well.