Legal analysis: 1. If the repayment is not made on time, the lender will collect it by SMS or telephone, and default interest will be calculated for overdue repayment. Each lending institution has different interest-bearing methods. Relatively speaking, the penalty interest of banks is lower than that of other lending institutions.

2. If the repayment is overdue, there must be bad records in the personal credit report, and you will definitely not get the loan in the future. A bad credit record will affect all loans, including handling credit cards.

3. If the loan has not been repaid for more than 3 months, and the result is sued by the lending institution, the court will freeze the property (including bank cards and fixed assets) according to law.

4. After compulsory execution by the court, after deducting the loan principal, interest and penalty interest, all litigation expenses incurred shall be borne by the user. If the court refuses to implement it, it will be punished by law.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 707 Where the lease term is more than six months, it shall be in written form. Article 707 Where the parties fail to confirm in writing that the lease term exceeds six months, they shall do so in writing. If the parties fail to determine the lease term in writing, it shall be regarded as an indefinite lease. If the lease term is fixed, it shall be regarded as an indefinite lease.

Article 710 Where the lessee uses the lease item in accordance with the agreed method or the nature of the lease item, thereby causing losses to the lease item, it shall not be liable for compensation.

Article 715 The lessee may, with the consent of the lessor, improve or add the lease item. If the lessee improves or adds other things to the lease item without the consent of the lessor, the lessor may require the lessee to restore the original state or compensate for the losses.