Borrowing money requires repayment. If you don't change it, you will have a bad credit record, which will affect future loans and credit cards. Xiaomi account is not allowed to be used because Xiaomi borrows money from Xiaomi. If the loan has not been paid off, it may be hacked by Xiaomi in all aspects.

Consequence of Xiaomi loans overdue for two years: 1, penalty interest.

2. Bad credit records will be generated, which will affect future loan and credit card processing.

3. You can't enjoy preferential loans or even apply for loans.

4, close the blacklist, children can not go to key schools.

5. Affect your career.

6. The bank sent a lawyer's letter to the court for prosecution. If you don't pay the bill for more than 3 months, it will be very serious! If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.