- overdue interest and penalty: micro-loan may charge overdue interest and penalty according to the contract, increasing your repayment burden.

- bad credit record: failure to repay the loan on time may have a negative impact on the personal credit record and affect the future loan and credit evaluation.

- collection action: micro-loan may take collection measures, such as phone calls, text messages, door-to-door reminders, etc., which will cause you trouble and harassment.

- legal proceedings: in extreme cases, if the default amount is large and continues to be unpaid, the micro-loan may take legal measures to sue you and demand compulsory repayment.

2. Summary: The failure to repay the micro-loan in 1 yuan may lead to overdue fees, bad credit records, collection actions and potential legal proceedings. It is suggested to negotiate with micro-loan in time to solve the loan problem and avoid further negative consequences.

3.

Extended information: In China, non-repayment of loans due to breach of contract constitutes civil liability, and borrowers should try their best to fulfill their repayment obligations. Relevant legal provisions include the Contract Law of the People's Republic of China, the General Principles of the People's Republic of China and the Civil Law, etc. The specific implementation methods may be different in each region, so it is recommended to consult relevant professionals or lawyers when encountering similar problems.