1. What should I do if there is a penalty interest due to overdue bank credit?

If there is a penalty interest due to overdue bank credit, the loan and overdue penalty interest should be repaid in time. If you don't repay for a long time, the penalty interest will increase. The legal consequences of overdue general letters of credit include:

1, resulting in high penalty interest.

2. Credit report of bad records.

3. When the lender is blacklisted and the borrower is blacklisted due to serious overdue, the lender will publish the ID number, residence address and overdue information in the media.

4. If personal assets are frozen, banks and other lending institutions will collect loans according to law and bring a lawsuit to the court according to the loan contract. The court will take measures such as property preservation to freeze the deposits in the borrower's bank account and seal up the pledged property.

Second, how to determine the jurisdiction court of overdue credit?

The court with jurisdiction over overdue credit extension is the court where the borrower is located. Under any of the following circumstances, the borrower shall be under the jurisdiction of the court where the credit institution is located:

(a) the identity litigation filed against people who do not live in the territory of People's Republic of China (PRC);

(2) an identity relationship lawsuit filed against a person whose whereabouts are unknown or who is declared missing;

(3) A lawsuit against the person who has taken compulsory education measures;

(4) Proceedings against prisoners.

3. What are the court investigation procedures for overdue credit granting?

(a) Statements of the parties;

(2) Inform witnesses of their rights and obligations, witness to testify, and read out the testimony of witnesses who did not appear in court;

(three) to produce documentary evidence, material evidence, audio-visual materials and electronic data;

(4) Reading out the appraisal opinions;

(5) Reading the record of the inquest.

4. Under what circumstances can the court enforce overdue claims?

1. The legal document applied for enforcement must have come into effect;

2. The legal documents applied for execution have executable contents;

3. The application executor must be the obligee or the obligee stipulated in the legal document;

4. The debtor fails to fulfill its obligations on schedule.

If there is a penalty interest, it is mostly because the repayment time of the parties exceeds the grace period stipulated by the bank. If the overdue time is only one day, there is generally no penalty interest. If the lender fails to find a way to make up the loophole after repeated collection, the lender can claim the creditor's rights through judicial channels, and the borrower is likely to be taken by the court.