If you owe more than RMB 10,000 to Ping An Puhui, you will be sued if you fail to repay it in several installments. If it is four years overdue, you will be sued. But generally speaking, Ping An Puhui will not sue the lender, because suing requires a certain amount of financial, manpower, and material resources. If the amount owed is small, the gains outweigh the losses. Therefore, if the debt of more than 10,000 yuan is not enough, the lender is best to negotiate with Ping An Puhui for repayment. If the negotiation is successful, a certain amount of interest and overdue fees can be reduced or exempted.

The consequences of overdue debt of more than RMB 10,000 to Ping An Puhui

If you apply for a loan from Ping An Puhui and then repay it overdue, it will be recorded as overdue and will also be reported to the credit report. , long-term non-repayment will easily cause credit stains.

If Ping An Puhui fails to repay the 10,000 yuan overdue for more than three years, and after Ping An Puhui sues the user, and the user still fails to repay the money after being forced to do so, the court can freeze the assets in the user's name for repayment. payment.

However, Ping An Puhui has not sued the user, so the funds in the user's name will not be frozen. As a lending institution, Ping An Puhui does not have the right to freeze the funds in the lender's name. Of course, even if Ping An Puhui does not sue users, the negative impact of being overdue for three years will be huge. Users must repay as soon as possible after overdue payment.