1, penalty interest and liquidated damages.
If the online loan is overdue, the first thing you encounter is the penalty interest. On the basis of penalty interest, some financial institutions also need you to pay liquidated damages. These expenses add up, but they are not a small expense. If you don't want to get stuck in the loan quagmire, you should develop good repayment habits.
2. Credit damage
If you borrow money from the platform and fail to pay it back within the time limit, your credit report will be tainted, and it will be more difficult to apply for credit cards and loans in the future. Because of petty profits, it is not worth the loss to miss your credit wealth. Some people say that the loan I took from the online loan will not be included in the central bank's credit information. Needless to say, online loans and central banks are now more interconnected. Even in the online lending circle, there is an exclusive "blacklist" system. If one family doesn't pay back, it will be difficult to approve other loans.
3. Collect in various ways.
Both banks and online loans have their own collection systems. Novices will text you and call you for money. In some serious cases, there will even be a collection staff pressing you around the clock, seriously disrupting your work and life. The average person can't stand this kind of "spiritual oppression".
4. Existence, assets may be seized.
Maybe you have a strong ability to resist pressure and think that all the consequences mentioned above are Mao Mao rain, and financial institutions will not be polite to you, so you can only take out secret weapons and arm yourself with laws.
If the circumstances are serious, you will go to jail.
Generally speaking, such incidents as borrowing money and not paying it back are civil and will not rise to the criminal level. However, if the borrower refuses to implement it, it will be considered as a deadbeat and would rather run away than pay back the money. If the circumstances are very bad, the borrower will be investigated for criminal responsibility, and if it is too serious, it will go to jail.
It can be seen that if you encounter overdue online loans, you don't have to worry, as long as you repay them in time. I hope everyone can take this as a warning. If you do online lending again, you must consider your repayment ability and avoid the overdue online lending in the future. You must pay attention to the trap of online lending!
The national student loan may not repay the principal and interest during the grace period.
When I was in college, I applied for a student loan and waited until I graduated. There is a grace period for repayment after graduation. During the grace period, you only need to pay the principal, not the interest.
As for the specific period of the grace period for repaying the principal, the Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission mentioned in the Notice on Adjusting and Perfecting the Relevant Policies of the National Student Loan in July 2020 that the grace period for repaying the principal was extended from 3 years to 5 years.
In other words, after graduation, students do not need to pay interest for repayment within five years, but only need to repay the principal; Wait until five years after graduation, and then repay the principal and interest of the loan annually. As for the interest of students during their school days, they will be fully subsidized by the finance.
As for the interest rate of student loans, starting from June 65438+1 October1in 2020, the interest rate of newly signed student loans will be reduced by 30 basis points according to the LPR list price of the same grade in the same period (one basis point is equal to 0,01%). The loan period of student-origin student loan is academic system plus 15 years, and the longest is no more than 22 years.
If you don't understand the big data on your own network, you only need to search: Beijian Quick Check, click Query and enter information to find your own 100-line credit data. However, with the establishment of Baixing Credit Information, almost overdue online loans will affect personal credit in the future. You must pay attention to your ability when borrowing money.
Extended data:
When will the interest on student loans be repaid after graduation?
Students who graduated in June and had student loans began to bear interest in September of that year, and then the first repayment date was 65438+ February 20 of that year. Borrowing students need to repay before 65438+February 65438+May (the money will be credited to the special Alipay account for student loans, and the system will automatically deduct it on the repayment date).
We should note that the student loan has a grace period of five years, so in the first five years after graduation, the borrower only needs to repay the interest, not the principal for the time being. After the five-year grace period, the borrower will repay the loan principal and interest on time and in installments according to the repayment plan agreed in the contract.
If you want to repay in advance, you can log on to the student loan information network of China Development Bank to apply. You can apply from 1 to 10, but 1 1 cannot apply for prepayment.
Whether it is early repayment or due repayment, as long as it is guaranteed to repay on time within the prescribed repayment period and avoid overdue.
Do I have to repay the student loan?
Student loan is a kind of loan provided by the state to college students, not a state grant. It is repayable and cannot be defaulted.
1. After graduating from school, the student loan needs to be repaid, but in the five years before graduation, the student loan only needs to repay the interest once a year, and there is no need to repay the principal, so the repayment pressure is very small. Students don't need to repay their loans while they are at school. The loan interest is subsidized by the government, and the whole process is interest-free. If the student loan is settled in one lump sum before graduation, the loan will be more affordable without interest, but the repayment pressure is great. Usually once a year after graduation. For the credit investigation of student loans, we must remember the repayment date and repay on time after graduation, so as not to affect the credit investigation.
2. Student loan is a kind of loan provided by the state to college students, not a state grant. This money is to be paid back, and it cannot be defaulted. Students who fail to pay back after graduation or fail to pay back within the time limit will leave a bad record in their personal credit information. Even if the loan is repaid in the future, the personal bad information record cannot be cancelled. Therefore, students who apply for student loans should repay in time to avoid adverse effects on personal credit information. Students do not need to repay student loans during their school days; Students begin to pay interest in September after graduation. Generally speaking, if a loan contract is signed and it is agreed to repay once a year, then it is ok to repay once a year; If you agree to pay back the money every month, you can't just pay it once. It must be repaid within the specified time of each month.
The specific repayment method depends on how you signed the contract with the lending institution at that time. If the student has not graduated, there is no need to bear interest at this time. Don't worry about repayment. Generally speaking, student loans are not repaid until after graduation. Of course, if you get good grades in college, work-study program, and you have enough ability to repay the loan in advance, you can repay it in advance, which has no influence on you. However, many people can't be financially independent when they study, and loans can enjoy interest-free treatment during their studies, so many people begin to repay after graduation.
Generally speaking, student loans are repaid once a year, but some students' agreements with lending institutions are repaid once a month, so we still have to look at the contracts signed at that time. If it is paid once a year, the repayment date of most student loans is 65438+ February 20 of that year.
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Don't you have to pay back the student loan after graduation?
Hello, students pay off their student loans in one lump sum when they graduate. They are still in the interest-free period at this time. You only need to repay the principal of the student loan, and you don't need to pay interest. However, after graduation, all student loans will be paid off in one lump sum. According to the contract, users will have to pay a certain fine. And according to the contract, there is no need to pay liquidated damages.
: 1. repayment method of student loan
(1) Before graduation, students should pay off their debts in one or more installments;
(2) After graduation, the student's unit will return all the loans to the loan issuing department at one time;
(3) After the internship expires, graduates will be deducted from their wages monthly within two to five years;
(4) Graduate work units can decide to reduce or exempt advance loans according to their work performance;
(5) Parents of students who have been expelled from school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline are responsible for repaying all loans.
Second, the one-time repayment process of student-origin student loans:
1. Repayment applications can be submitted from 1 to 10 every year.
2. Students need to apply to the new student loan system of China Development Bank before 10 every month or to the teacher of the local county-level student aid center, and deposit the full amount into the account before 15 of the corresponding repayment month.
3. If Alipay is used for repayment, Alipay will deduct the corresponding amount from the student's personal Alipay account on the repayment date, and notify and record it by SMS, email, etc.
4. The borrower can log on to the online system to query the results.
Three, the national student loan one-time repayment process:
I will graduate soon in June, and I will let you know when the school comes down.
If you haven't received the notice, you can check the date online and pay attention. Enter "National Student Loan" to find. It can be entered according to the number and password when signing the contract at that time.
If you repay in August of the year of graduation, you don't need interest. The requirement is that the period from graduation to repayment should not exceed five years at the latest. If the interest is not paid in the future, it will be calculated according to the bank interest.
Four: What is a student loan?
The national student loan is an important measure taken by the CPC Central Committee and the State Council to improve the financial aid policy system of colleges and universities and increase the financial aid for poor students in colleges and universities under the socialist market conditions. Economy. The national student loan is a bank loan led by the government and compensated by financial subsidies, finance and universities. It is jointly operated by banks, education administrative departments and universities to help students. Students who borrow from poor families in colleges and universities do not need to apply for loan guarantee or mortgage, but they must promise to repay on time and bear relevant legal responsibilities.
If you don't repay the student loan, will it affect your credit information?
Credit Information If the company has access to the central bank's credit information system, the borrower will definitely have a bad credit record if it does not repay. On the other hand, if there is no access to the credit information system, overdue records will not be recorded in the credit information report. But now online loans have big data, and other loans will be affected once they are overdue.
1. Good faith payment is a phased product for aiding students, which is different from conventional financial loans. Installment is not a loan and will not occupy your credit line. The good faith fund is mainly used to repay the tuition fees for study and training in installments. Students study first and then pay, which is the period of paying tuition fees to training institutions. Although paying in good faith is not a loan, if students attend the study and fail to pay their tuition fees on time, the institution has the right to report to the central bank's credit information system, and there will definitely be bad credit records.
2. Hongxue Jinxin is composed of a group of young entrepreneurial teams with dreams. Through the spirit of concentration, pragmatism, innovation and sharing, we can achieve the goal of helping young people change the future and the world with Internet finance. If you are a VC or an angel, if you have confidence in real Internet finance, and have confidence in the credit and future of enterprising young people in China, you are welcome to invest.
3. Chinese personal credit information can be inquired through two channels: bring my ID card or client ID card and power of attorney, and provide my ID card to the credit inquiry window of the People's Bank of China to print personal credit information records; Open the official website of China People's Credit Information Center, match the mobile phone number with the registered account number of the ID card, and submit the personal credit information record inquiry application in the personal inquiry column. Usually, the mobile phone will receive the inquiry code from the credit information center within 72 hours. Open the official website login account of China People's Credit Information Center again, enter the inquiry code of SMS in the personal inquiry column to access personal credit information, and download and save a PDF document at the bottom of the page.
1. Credit investigation is an activity of collecting, sorting, saving and processing the credit information of natural persons, legal persons and other organizations according to law, providing credit reports, credit evaluation and other services to help customers judge and control credit risks and conduct credit management. A professional and independent third-party organization establishes credit files for individuals or enterprises, providing a platform for professional credit institutions to enjoy credit information.
Doesn't the university student loan also affect my employment?
No.
When you graduate, you have to sign a loan repayment contract with the bank. Of course, you only need to deposit a certain amount of money into the bank card stipulated in the contract every month. The impact is nothing more than a little reduction in monthly income. If you fail to repay the loan in arrears or even evade it, it will be considered as an influence, which is very bad for your personal credit. So it doesn't matter to you if you repay the loan honestly, just like borrowing money to pay back the money, it's a normal thing and won't affect your employment. As for other aspects, the employer will not refuse you for these reasons, and you don't need to be rejected by others for this. In short, it has little impact on your employment. The key is that you can promise not to breach the contract then. Ps: Of course, the state has policies. If we can respond to the call to go to the west and support the national western development plan, we can avoid repaying loans, which is also an impact on the one hand.