First of all, if it is overdue, it will have an impact on your credit information according to the length of time. If it is seriously overdue (more than 9 days), the credit information will be a black account, and you can't apply for any loan business before it is paid off. Secondly, it will cause additional expenses such as liquidated damages and overdue interest. It is nothing new that the final interest is greater than the principal for a long time. Please be cautious.

What will happen if the loan money is not repaid?

1. If it is really unable to repay, it should negotiate with the lending institution to extend the repayment period or return it by stages.

2. If the lending institution fails to perform the court's judgment within the performance period after suing the court and winning the case, it will apply to the court for compulsory execution.

3. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.

4. If the lender has no executable property under its name and refuses to perform the effective judgment of the court, negative information such as overdue repayment will be recorded in the personal credit report, and it will be restricted to high consumption and entry and exit, and may even be punished by judicial custody.