1. Procedures for handling overdue online loans: Usually, after overdue online loans, the borrower will receive a dunning notice first, demanding to pay off the arrears as soon as possible. If the borrower continues to be overdue, the lending institution may take the following measures:
-Stage 1 (1- 15 days): Send SMS, phone or email to remind the borrower to repay the loan.
-The second stage (16-30 days): intensify the collection, and collect borrowers by telephone, door, etc.
-Stage III (365,438+0 days or more): If the borrower still fails to perform the contract, the lending institution may report the overdue records to the credit reporting agency.
2. Credit information system: According to the credit information system of China, the loan information overdue for more than 30 days can be reported to the personal credit information report. This means that the borrower's overdue behavior will have a negative impact on his personal credit and may lead to difficulties in applying for loans in the future.
3. Impact and consequences: Once the overdue records are reported to the Credit Bureau, the borrower's credit rating may decline, which will affect the success rate of applying for loans, credit cards and other financial services in the future. In addition, the borrower may also face higher interest charges, additional penalty interest and collection behavior.
Summary: Online loans are generally overdue within 30 days. This is the regulation of China's credit information system, which aims to urge borrowers to fulfill their obligations on time and maintain the healthy operation of the financial market. Therefore, it is very important to repay the arrears in time and avoid the negative impact of bad credit records on personal credit.
Extended data:
According to the Basic Provisions on Personal Credit Information issued by the People's Bank of China, credit reporting agencies should record personal credit information in time, including the situation in loans overdue. Loan information overdue for more than 30 days will become a part of personal credit report, which will have a long-term impact on personal credit record.