Legal analysis: 1. Bad credit record. If you get an auto loan through an auto financing institution, once it is overdue, your personal credit report will leave an overdue record. If the overdue times are few and the amount is not large, and the overdue amount and overdue interest are replenished in time, it is an ordinary overdue record. If the overdue amount is large and overdue for a long time or many times, it will be pulled into the credit blacklist. 2. Generate penalty interest. Due to its own reasons, overdue records will not only generate penalty interest, but also directly affect it. Ring the bell to loan processing. 3. Pull into the credit blacklist. If you maliciously default on your car loan, serious cases may be blacklisted directly, which will not only affect your daily life such as flying, high-speed rail and accommodation, but also lead to more penalties and living restrictions in the future with the expansion of credit record business. 4. Causing court proceedings. If the auto loan continues to be in arrears, the auto financing institution will collect the loan according to law and bring a lawsuit to the court according to the loan and mortgage-related contracts. The court will take measures such as property preservation, including freezing all bank accounts of the lender and co-borrower or the guarantor, and sealing up the pledged property. 5. Execute the judgment. After the judgment is made, the property will be enforced according to law (deduction of deposits, confiscation of collateral, etc.). ) to pay off the loss of the car loan. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest and all expenses arising therefrom.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 675 The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.