Legal analysis: 1, resulting in penalty interest. Although the policy of every banking institution is the same, as long as it is overdue, there will be a penalty interest, that is, a certain percentage of interest will be added on the basis of the original interest.

2. Being classified as dishonesty will affect future loans and property purchases. After the deadline, the credit report will inevitably leave a bad record. If the circumstances are serious, it will not only be included in the list of people who have lost their trust, but also affect future real estate loans, and so on.

Legal basis: Article 68 1 of the Civil Code of People's Republic of China (PRC) is a contract in which the guarantor and the creditor agree that when the debtor fails to perform the due debt or the circumstances agreed by the parties occur, the guarantor will perform the debt or assume the responsibility.