; The difference between credit loan and mortgage loan is that there is no collateral. When the mortgage loan is not paid, the lender may dispose of the collateral as compensation. If the credit loan is not repaid, we need to consider the following aspects: 1, and pay off the principal interest and possible penalty interest as soon as possible. However, it needs to be reminded that it is very irrational to rob Peter to pay Paul and borrow money from other loan channels. 2. Consult customer service staff. Some small lending institutions do not access the central bank's credit information system, or report according to the seriousness of the case, so they need to know their credit status. 3. Check your central bank credit record, which will be updated after one month, so you need to cherish your personal credit more. At the same time, remind everyone that advertisements such as "eliminating the stain of credit information" are not credible, so don't be deceived.
What should I do if loans overdue fails to repay the credit?
What if the formal loan is not repaid? The solution to the problem of non-repayment of formal loans: write an application to the institution or bank and explain the reasons. Ask friends and relatives for help, borrow money, promise to pay it back within a certain period, and make up the loan. Sell your valuables, such as real estate Try to apply to the bank for an extension and collect money. Try to communicate, call the bank to explain the situation and pay in installments. The consequences of loans overdue's non-repayment by regular banks are serious. Lenders or users must pay attention to the time when applying for loans. If it is overdue, it may affect some of your future credit records and your credit files, so users must return the arrears to the bank at an important time. What will happen if loans overdue doesn't repay the money to the regular bank? First, overdue, bank collection, will not only bring trouble to yourself, but also affect your credit. At the beginning, if the user fails to repay the loan, he can explain the situation to the bank and make a commitment to apply for a bank delay in repayment. Second, if the user is overdue for more than 90 days, it will be regarded as serious overdue, which will affect the user's credit file and credit record. It will have an impact on buying a house and a car in the future. The most important thing is that it may affect your work and make others think that you are a dishonest person. Third, if the loan has been in arrears, it may be postponed. If the user still fails to repay the loan after the judgment, he may enter the list of untrustworthy people, which will affect his future life.
What if the credit loan is not repaid?
If it is really unable to repay, it shall negotiate with banks or lending institutions to extend the repayment period or repay it in installments.
Consequences of non-payment of credit loans:
If the lending institution or bank fails to perform the judgment within the performance period after winning the case, it will apply for enforcement.
2. When accepting enforcement, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law.
3. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.
4. Those who have the ability to refuse to execute are suspected of refusing to execute the judgment or ruling.
Personal credit is the foundation of the whole social credit. The market subject is composed of individuals, and all economic activities in market transactions are closely related to personal credit.
Once individual behavior is out of control, individual dishonesty will occur, and then collective dishonesty will occur.
Therefore, the construction of personal credit system is of great significance.
Personal credit is not only the foundation of a country's market ethics and moral culture construction, but also a huge resource for a country's economic development. The development and utilization of such resources can effectively promote consumption, optimize resource allocation and promote economic development.
The more the market economy develops, the more important the role of personal credit is, and the perfection of personal credit system has become one of the obvious signs of the maturity of market economy.
20 13, 10 The announcement issued by the Credit Information Center of the People's Bank of China shows that from 20 13, 10 and 28, the pilot scope for individuals to check their credit reports through the Internet will be further expanded, from the original three pilots in Jiangsu, Sichuan and Chongqing to the whole country.