Can you really not repay a loan if your credit report is not up?

Loans that are not in your credit report do not mean that you can default on repayments. Because loans that do not meet the credit report generally have heavy collection pressures, and the consequences of overdue payment are also very serious. Most loan platforms will charge high penalty interest fees and overdue management fees for overdue repayers. They will also bombard the mobile phones of overdue repayers and inform their relatives and friends about overdue repayments. Serious cases will be appealed to , once the illegal facts are entered into the public security system, they will be wanted online, which will seriously affect their personal lives. I hope everyone can repay in time and don't have any luck with non-repayment.

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Many online loan platforms will not upload personal credit reports and central bank credit reports, but will upload them to the Internet The credit file affects the lender’s future loans on online lending platforms. Borrowers who are overdue will be charged penalty interest fees and overdue management fees. Serious defaulters may have their personal information released, and eventually their breach of trust records will be uploaded to online credit files. And not being listed in the credit reporting system now does not mean that they will not be listed in the credit reporting system in the future. Once these products are listed in the central bank's credit reporting system in the future, overdue records will also be recorded, so don't have the idea of ??non-repayment.