1. Lenders will collect overdue loans according to law. According to the loan contract and guarantee contract (mortgage or pledge contract), the lender will bring a lawsuit to the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the loan guarantor and sealing up the pledged property. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.

2. Credit will be affected. If the borrower is a company, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system. If the lending bank does not eliminate the records, it may not be able to get all the bank loans in the future.

3. If the loan is not in bad faith and has the ability to pay the interest of the normal loan, it is recommended to apply to the lender for an extension of the loan first, stating the willingness to repay, the fact that the loan has not been repaid temporarily and the plan for repayment in the future. It usually helps.