If the credit card is overdue, it will generally be blacklisted by the bank if it is overdue for more than 90 days. If a bank loan is overdue, the borrower will not be put on the bank's blacklist if it is overdue once or twice. However, if the credit check is conducted, if the number of overdue loans is high, the borrower will be put on the bank's blacklist.

If the borrower fails to repay within the agreed period, the lending institution will punish the borrower and generate penalty interest. The longer the overdue period, the higher the penalty interest rate.

As long as you have an overdue loan record, you will be marked by the lending institution. When you borrow again, you will not be able to enjoy preferential loan products with low interest rates because of bad credit.

When a borrower is blacklisted because he is seriously overdue, his ID number and overdue information will be published in the media, or his workplace will be notified; he will be restricted from taking airplanes, high-speed trains, etc. High consumption; vehicles under the borrower’s name are restricted from using highways, etc.