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If I set up a mobile phone installment in Jiufu, won't there be consequences?
Depends on whether it's a loan shark.

Personal credit is blacklisted, and bad credit records will be recorded in the personal credit information system of the People's Bank of China in the future, resulting in many unexpected consequences, such as individuals being unable to borrow money to buy a house or a car, children being unable to enter a good primary school, going out on business and being unable to take a high-speed train. Personal integrity is the most important thing now.

Urge you every day, and if it's serious, go to court.

If the repayment is overdue, it will first affect your personal credit and your future life and work. And the longer the overdue time, the higher the overdue fee and the greater the burden.

If you are in loans overdue, a special collection staff will contact you. If you don't repay the loan, it will affect your family and friends.

Those who are seriously overdue will be prosecuted, so they still have to pay back the arrears in time.