Consequences of Ping An Pratt & Whitney Loan Failure:

If there is no repayment at one time, the bank will call and SMS to remind you to repay on time, and at the same time, it will impose a penalty interest.

If the loan is not repaid for three consecutive times, the bank account manager will collect it and the borrower will be penalized.

If the number of overdue repayments reaches six or more times, the bank and the borrower fail to negotiate, and the judgment is not fulfilled within the performance period, the bank will apply for compulsory execution. When accepting enforcement, it will inquire about the property, vehicles, securities, deposits, etc. 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. The loan applicant is suspected of refusing to execute the judgment or ruling.

Note: Article 3 13 of the Criminal Law stipulates that the people have the ability to execute the crime of refusing to execute a judgment or ruling. If the circumstances are serious, they shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine.

What will happen if Ping An Pratt & Whitney is overdue?

First, bear high overdue fees.

One of the consequences of Ping An Pratt & Whitney Loan's non-repayment is that it will generate penalty interest and overdue interest, and the charging standard is very high. Therefore, those who have the ability to repay on time should never be overdue.

Second, fancy collection

Collection is generally divided into three stages:

In the first stage, just a few days overdue, the platform customer service will remind you in a low voice. If it is overdue, please repay it on time;

In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that the threat of overdue will face serious consequences;

In the third stage, it was overdue for a long time, and the platform stopped trying to convince the other party and began to take practical actions.

There are many kinds of practical actions, such as: the platform pushes your arrears information to your relatives and friends, which makes you lose face in the circle of friends, and the platform arranges special collectors to collect money at home, face-to-face communication and so on.

This is the biggest impact on daily life in the consequences of non-repayment of Ping An Pratt & Whitney loans.

Third, facing the crisis of national trust.

Now online lending platforms have established a blacklist system, and blacklist platforms have begun to communicate with each other. Ping An Pratt & Whitney loan does not repay, so it is very difficult to borrow on other platforms.

Fourth, the credit stain of the People's Bank of China

The most serious consequence of Ping An Pratt & Whitney's failure to repay the loan is the debt collection at the meeting, which affects real life. You can't get a loan if you want to buy a house, and you can't get a loan if you want to buy a car.

What will happen to Ping An Pratt & Whitney loans overdue?

Seven Consequences of Ping An Pratt & Whitney loans overdue's Failure to Return:

First, default interest, overcharge 50% interest.

The penalty interest of different lending institutions is different, and the penalty interest charged by small loan companies may be higher. Adding late fees will be scary.

Second, pull into the blacklist and record bad credit.

The name of the lender will appear in the internal system of the bank the day after the deadline, and the credit report will inevitably leave a bad record. It may be kept for 3-7 years.

Third, it will affect the handling of loans and credit cards in the future.

As long as you enter the blacklist, mortgage and car loan processing will have an impact and you can't enjoy loan concessions.

Four, can't go abroad, fly, high-speed rail, can't go to expressway, can't drive, children can't go to aristocratic schools, etc.

Once you are blacklisted, you will lose many legitimate rights and interests, and there will be more penalties in the future, which will seriously affect your life on earth.

5. It may affect your career.

For students whose loans are overdue for 90 days in a row, the bank or school will publish your detailed information in the media.

6. Being executed by the bank.

If so, property preservation measures will be taken according to the creditor's application, the deposits of lenders and loan guarantors will be frozen, and the corresponding real estate, vehicles and other properties will be sealed up. After the judgment, it will be enforced according to law.

Seven, if the circumstances are serious, direct sentence.

Ma Yun said that it is difficult to move without credit. Although credit assets are intangible, they will become more and more important in the future society.

Loans overdue usually refers to the phenomenon that after the loan expires, the borrower fails to repay the principal and interest of the loan to the bank that issued the loan according to the loan term agreed in the loan contract, and fails to go through the relevant extension or lending procedures, resulting in the loan exceeding the agreed term.

Extended data:

Generally speaking, for loans overdue's behavior in a short period of time, the lending institution will regard it as non-malicious overdue. As long as the lender pays off all the debts immediately, it will not pursue the lender's responsibility and will not submit a credit report.

The central bank stipulates that loans overdue within 90 days are regarded as overdue loans, not malicious overdue loans. For long-term overdue behavior, mainly the number of overdue days exceeds 90 days, then the lending institution will identify the overdue loan as malicious overdue, and the loan will be classified as "bad debt".

Solution 1: Negligence and short-term overdue

Take the initiative to contact the bank after making up the arrears; Not all overdue records will be immediately displayed in the personal credit report. Some banks will have a few days of tolerance, and some will not report overdue records to the central bank's credit information center until next month. So as soon as they found the overdue records, they contacted the bank and tried to solve the problem before reporting the case.

Solution 2: Malicious overdue for more than 90 days.

First of all, pay off the arrears and maintain good credit habits: if you are credited, you need to repay the penalty interest. Credit card users should not cancel their cards immediately and continue to maintain good consumption habits. After five years, bad records will be automatically eliminated, and except for mortgages, most loans only refer to credit records within two years.

Solution 3: overdue due to unemployment, serious illness, going abroad and other reasons.

Take the initiative to contact the bank, explain your actual situation and issue a "non-malicious overdue certificate". When the loan is needed again, the relevant lending institutions will consider it as appropriate.

Solution 4: Overdue due to "fake loan"

Contact the bank to explain the situation, and then go to the local China People's Bank Credit Information Center to submit an objection application. Generally, such bad overdue records can be eliminated within 15 working days.