First of all, if the borrower fails to repay the bank in full and on time after obtaining the loan, its credit record will be tarnished. Under normal circumstances, the borrower's credit record will truthfully show the number of days of overdue repayment. If the borrower's overdue repayment exceeds the time specified by the bank, it is a serious overdue situation, and it will be very difficult for the borrower to apply for a loan from the bank again. \x0d\ Secondly, if the repayment is overdue, in addition to the bad credit record, the bank will also call the borrower for debt collection. If the borrower is overdue due to special circumstances, he may apply to the bank for deferred repayment. If the borrower doesn't repay the loan immediately after the phone call, the bank will send someone to collect the debt. \x0d\ Finally, if the borrower fails to repay the loan after taking a series of measures, the bank will protect its rights and interests through law. If the borrower chooses mortgage loan, the bank will auction the borrower's collateral after bringing a lawsuit to the law, and the auction money will be used to repay the loan first, and the remaining money will be returned to the borrower in full. If the borrower applies for a credit loan, don't take any chances to borrow it. \x0d\ Long-term default on bank loans will not only affect the borrower's personal credit record, but also lose personal assets. Therefore, before applying for a loan, you must make a detailed repayment plan, including planning some emergencies.