Overdue may affect personal credit information, and serious cases may be suspected of criminal offences. I suggest you negotiate with the bank to make a repayment plan and pay in installments. If the interest rate is too high, you can sue for interest rate reduction.

Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery if they are maliciously overdue for more than 90 days, regardless of the amount. After the court's decision, the information of the person who has broken his promise (Lao Lai) will be announced to the public, limiting his high consumption and taking the high-speed rail.