Sesame credit score is reduced: not only your own sesame credit score is affected, but also the sesame credit score of relatives and friends will be implicated.
Cause bad credit record: Huayuan's overdue repayment affects sesame credit score, which in turn affects personal credit record. Now Alipay Sesame Credit Score has become one of the eight credit reporting agencies.
Affect loans and cards: Due to poor credit records, loans to buy a house and a car will have a great impact.
If it is serious, it will be prosecuted and punished: if it is overdue, it will be reduced, and if it is serious, it will be prosecuted! If Hua Bai fails to repay the loan seriously within the time limit, he may be sued, just like maliciously overdrawing a credit card, which may become a crime of credit card fraud, but the amount is generally not high and the circumstances are not serious.