The best way to get an installment plan is to check your credit report, which usually takes more than a week. For loans, you need to provide a self-checked PBC credit report.

1. Overdue behavior will not only affect the credit report, but also cause other troubles to the borrower. For example:

1. The borrower needs to pay penalty interest in installments on a daily basis, and the penalty interest is much higher than the normal loan interest.

2. Soon after the loan is overdue, the borrower will receive a collection text message or a collection call from the installment staff.

3. Haofen will report the borrower’s bad information to the private credit system and the online credit system.

4. The borrower’s overdue behavior may be known to relatives and friends, which will disgrace the borrower.

5. In the case of serious overdue payments, the borrower is likely to be taken to court in installments, causing his or her property to be frozen, auctioned, or even included in the list of dishonest persons.

2. Good installment supports 5 repayment methods, you can choose any one.

The five repayment methods are: borrower’s bank deduction, WeChat repayment, Alipay repayment, direct transfer to Hao’s installment bank card repayment and door-to-door repayment.

3. Can I not pay back the good installment?

This is absolutely not allowed. If a good installment is repaid overdue, high penalty interest will be charged. Serious overdue payments will be recorded in a credit investigation. Before applying for a loan, please pay attention to your repayment ability and read the loan and repayment agreement carefully to avoid overdue or default. After the loan is overdue, the borrower shall pay default interest to the borrower in installments based on the number of days overdue. The resulting default interest is much higher than that of a normal loan. Shortly after the overdue period, the borrower will receive collection text messages or collection calls from the staff in installments. If the loan is still not repaid, the contact person submitted by the borrower when applying will be collected, which is commonly known as the "explosion address book"

4. If you do not repay the installment, you will be responsible for it starting from the first day overdue. Overdue fees.

Generally speaking, overdue fees are relatively high. The longer the overdue period, the greater the repayment pressure. Once overdue behavior occurs, the platform will collect money and affect the normal life of the individual. If you cannot guarantee repayment in time before the repayment date (inclusive), it will be overdue; late payment will result in late payment fees and affect your credit record with the People's Bank of China. It is recommended that you repay as soon as possible to avoid affecting your personal credit! Installment Consequences