What should I do if I go to loans overdue? There are two solutions:
One: You can borrow from friends and relatives, and pay back the bank loan first.
Two: If you really can't raise money, you can apply for deferred repayment. As for the repayment period, it should not be higher than the original repayment period.
Hope to adopt!
2. What if the loan of the rural credit cooperatives is not repaid?
The guarantor shall be jointly and severally liable for loan repayment.
3. Is there any other way to mortgage the house to the rural credit cooperatives before it expires?
1, you can apply for a loan, and the short-term loan becomes long-term;
2. Apply for a second mortgage, that is, use the surplus value of the first loan of the house for the loan.
4. What should I do if the loan of rural credit cooperatives is not repaid when it expires?
1. It is suggested that the borrower take the initiative to contact the rural credit cooperatives to negotiate and apply to the rural credit cooperatives for extension or installment return.
2. Borrowers can also try to borrow money from relatives and friends. Write an IOU and promise to pay back the money within a certain period of time, then return the borrowed money to the borrower first, and then pay back the money to relatives and friends when the funds are sufficient.
3. As a last resort, you can repay the loan a few days later, but don't pay it back. Otherwise, personal credit will be greatly damaged.
Consequences of non-repayment of loans:
Lending banks will collect loans according to law and issue loans to lending banks according to loan contracts and guarantee contracts (mortgage or pledge contracts). Measures such as property preservation will be taken, including freezing deposits in all bank accounts of lenders and loan guarantors, and sealing up pledged property.
After the judgment is made, the property will be enforced according to law to pay off the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property. Moreover, credit will also be affected. If the borrower is a company, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system.
Generally speaking, the money owed to the credit union will not become a black account, and the bank will classify the money as a loss. Moreover, from the overdue date, the calculation of penalty interest has already begun. The longer you put it off, the more money you owe. Not only that, but it will also be blacklisted by banks and become a "black account", which will affect your future business such as loans, guarantees and credit cards.