Loans overdue's failure to pay a high penalty interest will affect its credit history. If the borrower fails to pay back for a long time, the lending platform can apply to the court for litigation or arbitration, and apply to the court for enforcement according to the judgment or arbitration ruling, and the borrower will bear the corresponding legal consequences. Pay in one lump sum next month.
If the installment payment is overdue for 20 days, Gitzo will pay a late fee of 1 10 yuan;
There will be no late payment fee within 10 days.
0- 10 overdue 30 yuan late payment fee.
Overdue payment 10-30 days 1 10 yuan.
240 yuan overdue fine of 30-60 days.
370 yuan overdue payment is 60-90 days.
Calculation formula of late payment fee:
20 14, and the overdue fine is calculated as 0.05% of the unpaid part of the minimum repayment amount, with the minimum 5 yuan RMB or 1 USD.
The calculation formula is: late payment fee = (minimum repayment amount-paid amount on due repayment date) ×0.05%.
For example, the Tax Administration Law stipulates that if a taxpayer fails to pay taxes within the prescribed time limit and a withholding agent fails to pay taxes within the prescribed time limit, the tax authorities shall, in addition to ordering him to pay taxes within the prescribed time limit, impose a late fee of 0.5% of the overdue taxes on a daily basis from the date of overdue payment. In addition, there are similar provisions in the Measures for the Collection of Water Resources Fees.
Because the concept of late payment fee belongs to the category of administrative regulations, it should not be used when civil liability is involved in civil and commercial judgment documents.
Characteristics of late payment fees:
It has the characteristics of legality, compulsion and punishment.
The so-called legal, that is, the late payment fee is the money expressly stipulated by national laws and regulations, and no individual or other organization has the right to set it up privately;
Compulsory means that the collection of late payment fees is guaranteed by the state's compulsory force;
Punitive, refers to the late payment fee is a punitive measure taken to pay beyond the prescribed time limit. According to the above characteristics of late payment, late payment will only occur if the legal status of both parties is not equal and the state exercises public power.
For example, Article 32 of the Law of People's Republic of China (PRC) on the Administration of Tax Collection stipulates: "If a taxpayer fails to pay the tax within the prescribed time limit and a withholding agent fails to pay the tax within the prescribed time limit, the tax authorities shall, in addition to ordering him to pay the tax within the prescribed time limit, impose a late fee of 0.5% of the overdue tax on a daily basis from the date of paying the tax."
I got an installment loan at Gitzo? I still can't go this month. Who knows if next month will do?
In order to ensure a good credit record, it is recommended that you repay the loan according to the contract. Overdue repayment may lead to unnecessary liquidated damages or penalty interest.
If you purchased the "Flexible Guarantee Service Package" when handling the loan, you can apply for deferred repayment after paying five installments in full.
What if Gitzo's repayment is overdue?
At present, the consequences of not paying Gitzo's debts are very serious, which is very similar to not paying bank debts. Therefore, everyone must make every effort to repay the loan. There are three specific production methods:
1, borrow from relatives
If you still don't have enough money, the more reliable way is to explain your predicament to relatives and friends at once and borrow money from them. However, you can't borrow usury to pay off old debts, otherwise there will be endless troubles.
Step 2 sell property
Although selling a property is a bad thing, maintaining credit is more important. So, when there is no other choice, everyone can sell their valuables and debts, such as cars? Jewelry.
Step 3 apply for an extension
In the unbearable situation, you can try to negotiate with Gitzo and find a way to extend the repayment. So everyone can buy themselves a lot of time.
Generally speaking, the debt must be paid back, otherwise the personal credit will be seriously damaged and will be affected for life.
Extended data
Consequences of overdue repayment:
1, interest increases
Because you didn't repay the loan on time, after loans overdue, the lending institution will call you to remind you to repay the loan on time. At the same time, for each overdue day, a penalty interest rate will be charged on a daily basis. Generally speaking, banks have less penalty interest than private lending institutions.
2, affecting personal credit.
Due to loans overdue's repayment, personal credit records will have a long-term impact. Some people may say that the repayment is only a few days late and should not be reported. However, according to the relevant regulations, as long as loans overdue is one day later, it will be recorded in the personal credit report.
The bad record of personal credit information may affect the application for loans and credit cards in the future, including mortgage and car loans. It usually takes about five years to eliminate this record.
3. Affect children's schooling.
If the bank loan is deliberately delayed and overdue, flying and high-speed rail will be affected in the future, and even worse, it may affect children's attendance at key schools.
4. Affect the assets of the borrower and the guarantor.
If loans overdue lasts for a long time, the assets of the loan and guarantor may be affected to some extent.
When Gitzo loan is not repaid, the collection method is:
1. All consumption funds are no longer entitled to interest-free repayment. Gitzo will calculate interest on a daily basis and compound interest on a monthly basis with the consumption amount as the principal from the date of consumption.
2. Receive calls and letters from Gitzo;
3. Freeze your account, feed back your arrears record to China People's Bank and record it in your credit file, which will affect your personal credit.
4. Report the case to the people's organs and be prosecuted if necessary.
Baidu encyclopedia-overdue repayment