As a small loan APP, it is not linked to the credit information of the central bank, but the loan record above will be recorded on the Internet. Now the state requires every lending institution to conduct credit investigation, which is a general trend. In the near future, this random purchase installment payment will definitely be connected to the credit information of the central bank.

Whether you can get credit information or not, if it is overdue for too long, you will enter the blacklist of online loans. Borrowing online loans in the future will basically be rejected. For those lucky individuals, there are no loopholes to drill.

If the user is seriously overdue or maliciously fails to pay the arrears for a long time, it will have serious consequences, which are embodied in the following aspects:

First, it will be blacklisted in the same industry. If you don't repay the loan in time, the borrower's rating will be lowered, and in serious cases, it will be blacklisted by the whole credit company. Even if you want to borrow money from other platforms, other platforms will not lend you money for it. Nowadays, many data will be used as a reference for whether the platform lends money to borrowers.

Second, the overdue penalty is high. If the repayment is overdue, the borrower must pay a high fine or default interest. If the situation is serious, you will be prosecuted.

Third, it will affect personal life. If the borrower fails to repay the loan, the customer service staff of the platform will keep calling for collection, which will seriously affect the personal life of the borrower.