If the loan is not repaid, the consequences will be serious, mainly including:

1. Personal credit is blacklisted, and you cannot apply for loans or credit cards in the future.

2. Call for dunning. Generally speaking, if the final repayment date exceeds three days, the lending institution will ask the borrower by phone whether the repayment amount is still delayed.

3. Be sued. If the collection fails, the lending institution will take out legal weapons to safeguard its rights and interests.

I suggest that you must repay the loan, borrow it from friends and relatives, or apply for an extension.