What happens if Meitu borrows money?
1 Meitu's loan does not mean overdue, so the platform will upload the user's overdue repayment record to the credit information system. Once there is a bad record of overdue repayment in the credit information system, it will directly affect its other loans.
2 If Meitu does not repay the loan, Meituan will charge 5% of the user's repayment in this period as a late payment fee, and 0. 1% of the user's repayment in this period will be charged as the maximum penalty every day from the date of overdue repayment.
3 Meitu's overdue amount is large, and the staff failed to collect it many times and will be prosecuted.
Meitu can't say that the consequences of borrowing money are very serious, which will not only affect personal credit information, but also charge liquidated damages and penalty interest until it is paid off, thus increasing the borrower's debt. So I suggest that you must pay back on time, and don't pay back. If not, you can apply for repayment through negotiation.