Legal analysis: It means exceeding the prescribed time limit. Generally refers to banks, loan companies, etc. Overdue interest and credit citation will accrue, and in serious cases, you may be sued by the court or imprisoned. This is a collection method, but it is recommended to actively negotiate for repayment.

Legal basis: "The People's Republic of China and the Civil Code"

Article 667: The loan contract means that the borrower borrows money from the lender and returns the loan and pays when due interest contract.

Article 671 If the lender fails to provide the loan in accordance with the agreed date and amount, causing losses to the borrower, the lender shall compensate for the losses.

If the borrower fails to collect the loan on the agreed date and amount, the borrower shall pay interest on the agreed date and amount.