If you don't pay back the money, the possible consequences are as follows: First, your credit history will deteriorate, and your credit rating will be very low, which will become a credit stain. Various domestic systems will sue you for repayment, and you can't apply for a credit card or a loan in the future.
Second, the bank will sue you for repayment, and if you don't repay, the court will force you to repay.
If you use a credit card, the bank will save you late fees, so you need to repay more and more money. Please inform the card owner if a certain limit is reached. If you still owe money, you will be warned and prosecuted.
Installment payment: you will increase the late payment fee and interest, and then contact the contact person you filled in at that time after a certain period of time. You need your own ID card when you apply for installment payment. If you don't pay back on time, the bank will still sue you, and then the court will force you to pay back.
If you maliciously default on the loan and fail to repay it on time before 24 o'clock on the repayment date, it will have a negative impact on your credit record, which will directly affect the future loan to buy a house and a car and all credit-related behaviors.
Of course, this refers to malicious breach of contract. Generally speaking, the consequence of short overdue time is late payment. If the order is repaid in installments, the daily late fee is 65438+ 0% of the bill amount of the current month; The daily late fee for non-installment orders is 2% of the bill amount of the current month.
However, if you default in bad faith, you have the right to appeal in stages. This is the credit information system at the meeting, and then you will leave a stain on your personal credit record. Your credit report is also used as a basis for determining your credit limit in an interesting credit wallet. If it is really difficult to repay in the current period, you can apply for deferred repayment, which will not affect your credit record.