Zhirui Loan is an online loan platform established and operated by Zhirui Industrial Investment Co., Ltd. Online loan services applied through Zhirui are approved and issued by Zhirui Industrial. Zhirui Quick Loan is a financial loan product under Zhirui Industrial Investment Co., Ltd. Its financial loan business includes credit loans and mortgage loans.

1. No matter what platform you take the loan from, you must repay it. The consequences of overdue online loans are very serious, and you may eventually be sued by the loan platform. If a loan is overdue, it will not only incur liquidated damages and interest, but also affect your personal credit report. If the loan is overdue for a long time, the loan platform will collect it. In serious cases, legal measures may be taken against you. It is recommended that you Pay off your loan as soon as possible.

2. The first consequence of overdue online loans is penalty interest. The interest rate of online loans is several times higher than that of banks. If it is overdue, the penalty interest will be very high. Generally, the penalty interest is 50% of the interest. In addition, a certain proportion of liquidated damages will be incurred. If the loan is overdue for seven years, the individual will have to repay the loan. The burden will be huge. The second consequence of overdue online loans is collection. In addition to facing high fees, you will also be collected by loan platforms. The platform's collection methods generally include phone calls, text messages, and even door-to-door collections. Frequent debt collection will not only affect your own life, but also affect the lives of others. The third consequence of overdue online loans is that it affects your credit report. Although many online loans are not subject to credit reporting, online loan records will remain in online loan big data. Now, whether it is a bank or other financial platform, they may check the applicant's online loan big data when reviewing. If it is found that the online loan big data is hacked, the possibility of being rejected is very high, which will affect you. Online loan big data reports can be obtained from Nebula Quick Check. There are four consequences for overdue online loans: you are sued by the platform. I hope everyone can correctly understand the dangers of online loans. If you are suffering from the troubles caused by online loans, then please stop using loans to support them. Whether you confess to your family or be forced to go to shore, you must let yourself return to a normal life, otherwise It will only sink deeper and deeper, making it difficult to extricate itself.