2. Because the interest of Gitzo has not been paid back, the debt has not actually been settled, which means that the customer is still overdue. If we continue to delay, we will have more penalty interest and personal credit will be more seriously damaged.
3. After that, even if the customer pays off in full, Gitzo may not restore the quota, but will freeze the account so that the customer can no longer borrow money.
4. Moreover, when Gitzo accesses the central bank's credit information system, the overdue situation will be subject to credit information, so customers' subsequent credit business in banks or other consumer financial institutions may also be hindered by credit information problems.
Therefore, when the customer repays the arrears, he must pay off the principal together with interest.
6. If you really can't pay off the loan for the time being, you can take the initiative to contact Gitzo platform customers to negotiate, try to apply for extending the repayment period and repay the arrears in installments (if you bought a flexible guarantee service package when applying for the loan, you can directly apply for extension at least 15 days before the next repayment date as long as you have paid off the five installments in full).
1. What happens if you only pay the principal but not the interest?
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.
What happens if you don't borrow money?
1. If a lending institution or bank fails to perform the judgment of the court within the performance period after winning the case in court, it will apply to the court for enforcement.
2. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.
3. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, which will restrict high consumption and entry and exit, and may even lead to judicial custody.
4. Those who have the ability to refuse to execute are suspected of refusing to execute the judgment or ruling.
Second, how to calculate overdue interest?
1. Bear corresponding liquidated damages according to the number of days overdue. The number of days overdue refers to the number of days that the earliest unpaid installment payment is overdue.
2. Late payment on the 10 day, resulting in 30 yuan liquidated damages; On the 30th day overdue, additional liquidated damages will be generated on the basis of the liquidated damages already generated (80 yuan).
3. An extra fine of 65,438+030 yuan will be imposed on the 60th day overdue; If the payment is overdue for 90 days, an additional fine of 130 yuan will be incurred.
4. In addition, the failure to repay the installment payment in full for more than 90 days will directly lead to the early termination of this contract, and the borrower shall immediately repay all the money under this contract in one lump sum. So in order to avoid these unnecessary expenses, it is necessary to repay on time.