Analysis on loan repayment of finance company;

Will have a great impact on yourself. If the loan is not repaid, there will be a bad record in the Credit Information Center of the People's Bank of China. Bad records will not be deleted until five years later, and it is difficult to apply for credit cards and bank loans before deletion. Even if this financial company doesn't connect with the People's Bank of China for credit reporting, if you don't pay it back within the time limit, the creditors can come to you.

There will be a special account company to collect it. Some people say that since financial companies can record bad credit records on credit reports, financial loan companies will hand them over to special account companies to collect loans.

Brief introduction of financial loans:

The interest rate of financial loans is high. Bank car loans are strictly implemented according to the central bank's interest rate, which is basically around 6% and fluctuates with the adjustment of the central bank's interest rate. The loan interest rate of auto financing companies is obviously higher. For example, the car loan interest rate of Volkswagen Finance Company with a down payment of 35% is about 3 percentage points higher than that of banks. The car loan interest rate of Shanghai General Motors Finance Company is 7.94%, which is about 1.9 1% higher than the bank interest rate. If the interest rate is higher, it will reach 10%- 12%, which is generally a fixed interest rate.

Although many brands have also introduced interest-free concessions, they are all based on the fact that the car price cannot be negotiated. So consumers don't get much discount. Taking the loan of 6,543,800 yuan as an example, the total interest expenditure of auto financing companies is generally 20,000-30,000 yuan. Of course, some financial companies will also take interest-free loans to increase the sales of some unsalable models, such as the interest-free loans of Ford Financial Company.

Second, the loan from Zheng Da has not been repaid.

It is recommended to consult the local bank for loans.

Need to prepare information:

1, personal identification: ID card, residence permit, household registration book, marriage certificate and other materials;

2. Provide stable proof of address: such as house lease contract, water and electricity bill, property management and other relevant certificates;

3. Provide proof of stable income sources: bank flow sheet, labor contract, etc.

4. Other information stipulated by the bank.

Excuse me, the money I borrowed from Zheng Da hasn't been returned yet, has it?

Hello, loan

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

2. If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement.

3. When compulsory execution is accepted, the lender's property, vehicles, securities and deposits will be inquired according to law.

4. If an effective judgment is issued in the name of the lender and refuses to perform it, negative information such as overdue repayment will be recorded in the personal credit report, and high consumption and access will be restricted.