Consequence 1: The bank will default interest 130%, that is, the default interest rate of student loans = loan interest rate * 130%.

Consequence 2: The overdue repayment behavior of borrowing students will also be recorded in the personal credit information system of the central bank, which will affect their future credit business such as mortgage, car loan and credit card, and even affect their employment.

Consequence 3: The bank will also publish the personal information of borrowing students who have repeatedly urged them not to repay the principal and interest of the loan on the Internet.

Therefore, in order to avoid unnecessary troubles, both students who apply for student-origin student loans and students who apply for national student loans should repay their loans normally according to the loan contract, and they can also choose to repay in advance if economic conditions permit. I hope I can help you, and I hope to adopt it!