According to what we have learned, Jinshan Loan is a platform for collecting credit at the meeting. However, as long as everyone can repay the loan in full and on time and the purpose of the loan is in compliance, then there is no need to worry.
Jinshan Lending Association will automatically deduct money from 14 to 17 on the repayment date, and also support manual repayment on the repayment date. This point needs to be kept in mind.
Here, I want to sum up the consequences of Jinshan loans overdue.
1. The account has been frozen.
After everyone appears in loans overdue, Kingsoft Loan will quickly freeze everyone's account, so that borrowers can only pay back money but not borrow money. The system will automatically deduct money from 14 to 17 every day.
2. Report credit information
Although Jinshan Loan will receive credit information, it will always leave a few days' grace period for borrowers. When it is overdue for a long time, Jinshan Loan will report the borrower's bad record.
3. Charge overdue fees
After everyone is overdue, Jinshan Loan will charge overdue fees, such as overdue handling fees and overdue penalty interest.
Above, we introduce whether Jinshan loan is in credit investigation. Generally speaking, Jinshan Loan is a loan platform for credit reporting at the meeting.