First of all, what should I do when an individual encounters a door-to-door collection:
1. Door-to-door collection is entrusted to a third-party company, including all kinds of people. After the door-to-door collection, try not to have direct conflict with the collection personnel, and try to negotiate repayment with them.
When you are called to collect money, it is recommended to use recording equipment. People in this field are very experienced. They won't insult you, but they will irritate you. Don't get angry at this time. Once you start first, you will lose. You can use a tape recorder to record some sound data.
3. When collecting money at home, don't give the money to the collection staff and repay it directly on the online loan platform. Many collectors may put the repayment into their pockets when they receive it, so don't give it to them directly to avoid unnecessary trouble.
Second, the influence of loans overdue:
First of all, late payment will affect personal credit. Lenders borrow money from banks. If they don't repay within the time limit, their personal credit report will leave a bad credit record. It is very difficult to apply for credit cards and loans in the future, and most of them will be rejected, which will bring a lot of trouble to personal production and life.
Second, the most direct consequence of not paying back the credit loan is a high penalty interest, and you may have to pay a certain penalty. Even the principal and interest add up to a lot of expenses, and the result of not repaying on time is to increase my economic pressure.
Third, in loans overdue, the lender will face all kinds of collection. Banks or financial institutions have their own collection systems. After the lender is overdue, the first-class collection will send you a text message and call for a reminder. If it is not returned for a long time, and the degree is serious, there will even be a collector to collect it in person. This overdue person should be psychologically prepared and try to pay off the money as soon as possible before solving it.
Fourth, if the loan is overdue for a long time and the amount is large, the lender may be sued by financial institutions. After the lawsuit is accepted, the lender's assets may be sealed up after the court pronounced a sentence. This is a "repayment ruling" that the lender must execute. Otherwise, the court will seal up the property and other assets under your name according to law and repay the arrears with the proceeds from the auction.
Fifth, if the circumstances are serious, you may go to jail. Normally, incidents such as borrowing money and not paying it back are civil disputes and will not rise to the criminal level. However, if some lenders refuse to implement and insist on not paying back the money, if the circumstances are serious and bad, the court will also investigate the criminal responsibility of the borrower according to the circumstances, and if the circumstances are serious, they will go to jail.