Credit damage: bills borrowed for 7 days on the loan treasure will not be blacklisted, which will affect personal credit information and cause bad credit records to individuals. This will affect the borrower's application for other loans in the future, resulting in failure to pass the relevant examination, such as applying for loans, real estate, vehicles and so on in the future.
Frequent dunning: The longer the overdue period, the higher the frequency of dunning on the platform. If the overdue period exceeds a certain number of days, you may even receive a lawyer's letter and be sued.