Under what circumstances will the bank card be frozen?
After loans overdue, the borrower and the lender appealed to the court. There are two situations that will cause the borrower's bank card to be frozen.
1. The court received an application for property preservation.
In order to prevent the borrower from transferring assets, the lender may apply to the people's court for property preservation while bringing a lawsuit, and take compulsory measures against the debtor's property to ensure its own interests to the maximum extent. At this time, the court can issue a notice to the bank to freeze the bank card.
2. The court executes the judgment.
After losing the case, the borrower failed to fulfill the repayment obligation on time. At this time, the creditor has the right to apply to the court for enforcement, and the court may ask the relevant bank to freeze the deposit account of the party concerned, and the bank is also obliged to cooperate with the court to execute the judgment.
Not all overdue behaviors will cause bank cards to be frozen, so there is no need to worry too much. Even if it is overdue, timely communication and consultation with lending institutions can minimize the adverse effects.
How does CreditEase Pratt & Whitney settle in advance?
Usually, most loans can be paid off in advance, and CreditEase Pratt & Whitney is no exception. If you want to settle in advance, users need to submit a loan repayment application to CreditEase Pratt & Whitney in advance, which can be operated on the APP.
After submitting the application, the system will calculate how much principal is still owed, plus interest and liquidated damages, and click Repay in advance after calculation. If there is a problem that the arrears cannot be paid off in advance, the user can choose to call the customer service phone on the APP for consultation. If you can't APPly on the app, you can also apply manually.
Are there any precautions?
It should be noted that if the user chooses to prepay, and the principal has not been settled, he needs to pay a certain penalty, because prepayment is a breach of contract for any lending institution. Compared with other loan platforms, CreditEase Pratt & Whitney will have a higher penalty.
What is the specific penalty for Yixin Pratt & Whitney? This is determined by the system according to the user's credit rating evaluation, but according to most netizens who settle accounts in advance, the general penalty is five points.