If it is three days overdue and the credit record has not been uploaded, you can repay it as soon as possible, and then repay it before the repayment date to avoid overdue, otherwise there will be bad records on the credit record if it is overdue for a long time. Loans overdue.

In loans overdue, there are both short-term and long-term, and the consequences are different due to different overdue periods. However, most people have many misunderstandings about loans overdue, and they will regret it when serious consequences occur.

Short-term overdue loans and their consequences.

Different financial institutions have different definitions of short-term overdue time. In view of short-term overdue, institutions generally do not take compulsory measures, but will remind and collect repayment at their own risk.

1, high fines and liquidated damages.

After loans overdue, in addition to interest and principal, you also need to pay a high penalty interest and liquidated damages.

2. Leave a personal credit stain.

The overdue records will remain on the credit report, and even after repayment, the overdue records will be retained for 5 years. Overdue records will affect almost all subsequent financial activities of the overdue person.

3. Receive SMS and phone call for collection.

Lending institutions will continuously send SMS and telephone calls to collect overdue funds, inform borrowers of the serious consequences of overdue, and order borrowers to return overdue principal and interest within a time limit.