Loans overdue will not pay a high penalty interest, which may affect its credit history. If the borrower fails to pay back for a long time, the lending platform may apply to the court for litigation or arbitration, and apply to the court for enforcement according to the judgment result or arbitration ruling. If you are included in the list of people who have been executed for dishonesty, some high-consumption behaviors will be prohibited, including the prohibition of taking a soft berth by plane or train, including the prohibition of lending to financial institutions or handling credit cards, and the prohibition of being the legal representative, director, supervisor or senior manager of the enterprise, and then borrowing money.

Tips:

Peer-to-peer lending has certain risks, so please choose carefully.

Reply time: 2021-11-24. Please refer to the latest business changes announced by Ping An Bank in official website.