1. How to deal with the bank loans overdue?

1, take the initiative to negotiate with the bank.

Many loan applicants are at a loss when the loan is not repaid. In fact, in this case, you should immediately communicate with the lending institution to solve it. Whether it is to extend the loan term or reduce the repayment amount of each installment, it is a good solution.

2. Apply for a temporary loan from a small loan company.

At present, loan applicants will apply for loans from banks first, and microfinance companies have small customer groups and low quality. In order to expand their business, many small loan companies have launched temporary loan products. For most temporary loan products, the loan period will not be too long, and it will definitely not exceed one year. For the purpose of temporary loan repayment, the application will generally not exceed three months.

2. How soon will loans overdue be prosecuted?

If you don't pay for more than three months, it will be very serious. If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.

After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay 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.

3. What are the consequences of defaulting on bank loans?

1. In case of default interest, 50% interest will be added.

Although the policies of each lending institution are different, on the whole, banks will be more accommodating than small loan companies. Credit loans overdue, the lender will first collect the loan, remind the borrower to repay, and the interest rate will rise as a daily penalty.

2. Bad credit records will be generated, which will affect future loan and credit card processing.

Every day after the deadline, this name will appear in the internal system of the bank at the same time, and then the president and risk control will see it. After the deadline, the credit report will inevitably leave a bad record. Once you leave, it may last for three to seven years. If you want to borrow from other banks in the future, you may not be able to apply easily because of bad credit.

3. You can't enjoy preferential loans or even apply for loans.

When many people apply for a mortgage again, they find that they have left too many overdue repayment records on the old mortgage because of carelessness. In addition to the penalty interest for overdue mortgage repayment, they may not be able to obtain the preferential interest rate of bank mortgage smoothly. What's more, it is impossible to apply for a mortgage.

4. Being blacklisted, children can't go to key schools.

For some "Lao Lai" who deliberately delay bank debts, they will be blacklisted. So that you can't fly, high-speed rail, accommodation, etc. ; More seriously, children will not be able to go to key schools; There will be more punishments in the future, so it can be said that life is hard.

When individuals encounter financial difficulties or buy real estate, in order to solve the financial difficulties, they generally choose to apply for loans from banks. After the bank mortgage, the lender must pay off the loan within the agreed time. If the lender can't repay the loan on time temporarily, it should negotiate with the bank to extend the installment time in time, or borrow money from others to pay off the loan first, so as to avoid the adverse impact of the bank's loans overdue on personal credit information.