; ? Among the vast number of Taobao sellers, many people have applied for Taobao credit loans. But some friends can't repay on time on the repayment date. So, what are the consequences of Taobao Credit's repayment in loans overdue? Let me introduce the relevant content here.

Taobao Credit loans overdue Repayment Consequences

1. Because Taobao Credit Loan is a loan service provided by online merchant banks, loans overdue records will be reported to the central bank's credit information system. Once the credit record of the central bank is tainted, it will be very difficult for everyone to apply for mortgage and car loan in the future.

2. After Taobao credits loans overdue, it will directly affect the store credit of Taobao sellers. Once the store level is lowered, everyone's business will be seriously affected. Not only will it reduce the current income, but it may also affect the career development for a lifetime.

3. After Taobao Credit loans overdue repays the loan, the borrower's sesame credit score will also be greatly reduced. Without a good sesame credit score, it will be difficult for everyone to enjoy many conveniences in life, such as free car rental, installment repayment for shopping, and trying on clothes in advance.

4. Online merchant banks will not sit idly by and watch Taobao Credit loans overdue. In addition to sending relevant staff to make dunning, the borrower can also be brought to court through legal means.

Generally speaking, the repayment consequences of Taobao Credit loans overdue are serious. We should try our best to avoid such a thing, so as not to cause irreparable results.