Current location - Loan Platform Complete Network - Loan consultation - What happens to overdue loans?
What happens to overdue loans?
I. After loans overdue, overdue interest and overdue management fees will be charged:

Overdue interest = overdue days * (unpaid principal) * 0.065%;

Overdue management fee = overdue days (1-*)* (unpaid principal) *0.7%+ overdue days (8-90 days) * (unpaid principal) * 1%.

In addition, your overdue repayment is a breach of contract, and large and small loans will take legal collection measures against you. In case of serious breach of contract, large and small loans may publish your personal identity information on the platform, and you can't apply for large and small loans in the future. At the same time, your untrustworthy information will be recorded by the lending institution to the central bank's credit information system.