If the bank loan is overdue and cannot be repaid for the time being, you can call the bank’s customer service hotline to apply for an extension of repayment.

1. If you fail to repay the loan or deliberately fail to repay it, you will face the risk of being sued. Once the court rules in favor of WeBank, the borrower will have to pay both parties' litigation costs and huge fines in addition to the required repayment. If the borrower refuses to execute, it will be included in the blacklist of dishonest persons subject to execution. The most important thing in credit business is to retain evidence, whether it is a contract, banking process, screenshot or record. It is recommended to record the negotiation process, which will help protect your rights in the future. The purpose of the bank is to recover the loan. The borrower's purpose is to delay repayment.

2. In fact, there is generally no conflict. The key is time. You can ask to extend the loan term, or re-formulate the loan contract to appropriately add some interest. You can also continue to negotiate and strive for a favorable outcome. Although it does not collect money maliciously like some loan sharks, it will also contact relatives and friends of the lender through phone calls and text messages to collect money. Overnight, relatives and friends will know that you don’t owe money.

3. If the loan is overdue, it must be investigated at the meeting. A tainted credit investigation will not only affect future loan and credit card applications, but also disrupt the daily life of serious people, such as being unable to buy train tickets and air tickets, and children not being able to go to school normally. If you don't repay the loan or deliberately don't repay the loan, you risk being taken to court. Once the court rules in favor of Weizhong Bank, the borrower will not only have to pay the required amount, but also the litigation costs and huge fines of both parties. If the borrower refuses to execute, he will be included in the "blacklist" of dishonest executors and may even face imprisonment.

: If you fail to repay the debt, the collection company may scare you or call your relatives and friends in various ways or scare you. However, if you sue, they will send you a lawyer's letter to remind you. You or the court will call you.