What are the consequences of the loan money?

If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

When accepting compulsory execution, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;

If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Basically, it won't affect, and you can repay on time in the future.

Extended data

The simple and popular understanding of loan is to borrow money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out in the form of loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

titular

At present, applying for personal loans to spend in advance has become a lifestyle that people gradually accept. Enjoy first, then consume, and get personal loans, so that modern urbanites with an increasingly accelerated pace of life can alleviate the pressure brought by all aspects. In recent years, by continuously expanding personal loan business, banks have launched a series of comprehensive and fast personal loan services. For example, personal consumption loans, including personal study abroad loans, personal travel loans, personal car loans and so on. So, what conditions do all kinds of personal loan businesses need to meet?

Generally speaking, to apply for a personal loan, you need to meet the following conditions:

1. A China citizen who has a permanent residence, permanent residence or valid residence certificate at the place where the loan bank is located, is under 65 years of age (inclusive) and has full capacity for civil conduct;

2. Have a proper occupation and stable income, and have the ability to repay the loan principal and interest on schedule;

3. Have a good credit record and willingness to repay, and no bad credit record;

4. Being able to provide legal, effective and reliable guarantee recognized by the bank;

5. There is a clear loan purpose, and the loan purpose is in compliance with relevant regulations;

6. Other conditions stipulated by the bank.

Generally speaking, for personal comprehensive consumer loans, personal credit loans and other loan types, the conditions for applying for loans are largely based on personal credit accumulation in banks. At this time, when applying for a loan, try to submit some materials that can increase your credit, such as academic qualifications and income certificates. The higher the credit accumulation, the larger the loan amount.

(Baidu Encyclopedia-Loan)

What if the rural credit cooperatives don't repay the loans?

Legal subjectivity:

The consequences of rural credit cooperatives not repaying loans are as follows: 1. Overdue behavior will generate penalty interest, that is, overdue interest, that is, penalty interest generated by loans overdue. The general operation is to increase the penalty interest by 30%-50% on the basis of the original loan interest rate. Once overdue, it will increase the repayment pressure of the repayment person. The longer the overdue time, the more repayment is needed. 2. It is no longer difficult for loans overdue to enjoy preferential loans. Generally speaking, high-quality borrowers with good credit are more likely to get loans with lower expected annualized interest rates. If the borrower once suffered credit damage because he did not repay the loan from the rural credit cooperatives, even if he got a bank loan, it would be difficult to reach the expected annualized interest rate of the loan. 3. loans overdue will not bring inconvenience to life. If the loan of rural credit cooperatives is not repaid for a long time, there will be someone to collect it at home, or even to the company to collect the arrears, which will affect the daily life of lenders. 4. If the loan of the rural credit cooperatives is not repaid, after the credit cooperatives have repeatedly urged repayment, the staff of the credit cooperatives can take the borrower to court and let the judgment auction the borrower's assets for repayment. Whether it is a mortgage loan or a credit loan, this can be implemented.

Legal objectivity:

Article 675 of the Civil Code of People's Republic of China (PRC) stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

What about loans overdue, a rural credit cooperative?

At present, many friends may choose bank loans for their mortgages, and many friends are under great pressure to repay after bank loans. So, can rural credit cooperatives apply for an extension when their loans expire?

1, yes.

Generally speaking, you can apply for a loan extension once a year after applying for a loan. The extension of loan of rural credit cooperatives means that the lender has no way to repay the loan on the due date and asks the bank for an extension of repayment.

3, short-term loan extension, the cumulative period shall not exceed the original loan period;

4, medium-term loan extension, the cumulative period shall not exceed half of the original loan period;

5, long-term loan extension, the cumulative period shall not exceed 3 years.

The above is about "can I apply for an extension of the loan of rural credit cooperatives before it expires?" If the loan is due soon, it is better to consult the staff.

Can loans overdue, a rural credit cooperative, apply for extension? Can loans overdue, a rural credit cooperative, apply for extension?

What should I do if the loan of rural credit cooperatives is not repaid when it expires?

What are the consequences of the loan money?

If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

When accepting compulsory execution, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;

If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Basically, it won't affect, and you can repay on time in the future.

Extended data

Article 207 of the Contract Law stipulates that "if the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations".

Penalty interest will be charged if it is overdue. From the overdue date, default interest will be charged at the agreed interest rate 150% every day until the payment is overdue. Your overdue record will be collected by the People's Bank of China, which will affect your credit record. Please cherish your credit and repay on time.

For loans that are overdue or not used according to the purpose agreed in this contract, interest will be charged at the default interest rate from the date when they are used in loans overdue or not according to the purpose agreed in this contract until the loan principal and interest are fully paid off. For the interest that cannot be paid on time, compound interest shall be calculated at the penalty interest rate.