You should be careful with this. If you don't know the ID password of that mobile phone, you can't download the software, upgrade the system and restore the factory settings, because once you brush your mobile phone or erase all functions, you must activate it with your ID account and password. But if you borrow a loan, do you borrow a mobile phone from a regular loan company or a private one? Anyway, you don't know the mobile phone password with ID, and the other party can lock your mobile phone password at any time, and your recent photo communication record also has the function of short message.
Mobile phone loans will also have many negative effects, such as penalty interest, bad credit records and dunning by lending institutions; Dispose of the assets of the borrower and guarantor, and may go to jail if the circumstances are serious.
Note: The generated credit records are recorded in personal credit information, which can only be eliminated after five years. Some serious cases can be postponed for ten years, and some serious cases will be blacklisted permanently.