You should get in touch with the loan company in time and never evade repayment. You should keep a positive repayment attitude and situation. In this case, if you apply for a large loan, you can also borrow it from relatives and friends first.

Loans overdue consequences

1, resulting in penalty interest.

Usually, the loan will be temporarily listed as a collection note within the bank, reminding the borrower to repay within 7 days. If the loan is replenished within 7 days, the bank will not charge any late fees. However, if it is not listed as "collection" and "deferred payment" for more than 7 days, you must pay a late fee or penalty interest. The penalty interest of each lending institution is different. For example, Citibank's penalty interest rate is 50% higher than the original interest rate.

2. Pull into the blacklist and record it in the bad credit file.

The name of the lender will appear in the internal system of the bank the day after the deadline, and the credit report will inevitably leave a bad record. If you haven't paid your bill for more than three months, it's very serious. The borrower will be marked with a bad credit record in the joint credit information center, and may be kept 3.

3. Affect future loans and credit cards.

As long as it is blacklisted, mortgage and car loan are only financial losses, and bad credit records cannot be compensated by money.

4. Can't enjoy preferential loans.

If there is a mortgage record in the past loan record, even if it is not blacklisted, it will not be able to obtain the preferential interest rate of bank mortgage except mortgage, and even be refused a new mortgage.

5. You can't fly, take the high-speed train, drive or go to school.

For those who refuse to execute the judgment and are blacklisted, they will not be able to fly, and the children of high-speed rail will not be able to go to high-consumption schools and serve as the legal representative of the new company; The future will say that life will be difficult.

6. It may affect personal career.

For students studying in loans overdue, banks or schools can publish their names in the media and inform their work units as appropriate, and banks will also.

7, by the bank, by the board of directors

If so, property preservation measures will be taken according to the creditor's application, the deposits of lenders and loan guarantors will be frozen, and the corresponding real estate, vehicles and other properties will be sealed up. After the judgment, it will be enforced according to law.

8. Those with serious circumstances will be punished by law until they are sentenced.

If he has the ability to refuse to implement the effective legal documents, the person subjected to execution will bear legal responsibility.

2. What should I do if the car has been in loans overdue for 4 days?

Personal car loans overdue repayment, the consequences are:

1. If the repayment is overdue for more than three times, there will generally be a bad credit record;

2. If the situation is not very serious, you can go to the bank (or other financial institutions) to explain the reasons and submit an application, and you can barely apply for a loan or credit card;

3. If there are too many overdue times, it is obviously impossible to apply for a loan or credit card. Ordinary banks (or other financial institutions) will consider whether an individual's credit record in the past five years is good or not.

In our life, what are the reasons for overdue?

1, objective reasons lead to consumers' inability to repay loans;

2. When handling car loans, individual car rental companies conceal their business purposes and apply for loans in the name of others, but they are not responsible for repayment afterwards;

3. Some young car buyers have no fixed jobs and are unable to repay the loan for free;

4. Some floating population entrust people with loans to buy cars and then leave;

There are still many people who have the ability to repay their loans, but they don't repay their loans with the mentality of procrastination.

Therefore, we should try our best to borrow money, even if it is repaid.

3. What about loans overdue?

1. Timely payment of arrears:

If you find your loans overdue, you should first pay off the loan in time. If the repayment is paid off within the grace period, the personal credit record will not be affected.

2. Actively communicate with employees:

After paying off all overdue debts, the borrower should take the initiative to communicate with the staff of the lending institution, explain the overdue situation and reasons, and explain whether it is malicious overdue and request a lighter punishment.

3. Develop good habits:

If the bad credit record cannot be deleted, the borrower needs to continue to use the credit loan and repay the arrears on time. General personal credit can be automatically updated after five years.

Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. The simple and popular understanding is to borrow money for interest. By lending money and monetary funds, banks can meet the social demand for supplementary funds, expand reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation. Interest refers to the remuneration paid by the borrower to the lender for obtaining the right to use funds. It is the use price of funds in a certain period of time (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator. In civil law, interest is the legal fruit of principal.

The bank's loan interest rate is calculated by computer based on personal credit information, income and work data. In the case that other circumstances cannot be changed, you can only keep the credit information and try to return the credit card on time to avoid overdue. Although the central bank has liberalized the benchmark interest rate, the interest rates of all banks will rise above the benchmark interest rate. The specific increase varies from line to line.

Therefore, if you want to get the lowest bank loan interest rate, you must "shop around" and then choose the bank with the lowest interest rate. The rules and measures for interest-bearing settlement of deposit and loan business formulated by national commercial banks as legal persons shall be reported to the head office of China People's Bank for the record, and the customers shall be informed; Regional commercial banks and urban credit cooperatives should report to the branches of the People's Bank of China and the central branch of the provincial capital city for the record and inform customers; County rural credit cooperatives as legal persons may, according to the actual situation of the county rural credit cooperatives, formulate interest-bearing settlement rules and methods for deposit and loan business, and report them to the branches of the People's Bank of China and the central branch of the provincial capital city for the record, and the rural credit cooperatives as legal persons shall notify customers.