What will be the consequences if the bank loan is not repaid?

If the loan is not repaid, it is overdue. If it is overdue, there will be some adverse effects. The analysis is as follows:

1. After the due date, a 50% penalty interest and a late payment fee of 0.5% per day will be charged. And it is calculated with compound interest. The longer the overdue period, the more the amount has to be paid.

2. After the expiration date, a bad record will be left on the personal credit report. With a bad record, it will be difficult to get a loan from a bank to buy a house, buy a car or apply for a credit card, including online loans. , because now "Chinese Credit Union" has been established, in the future, banks and online loans will report overdue credit reports, and the information of Credit Union is shared by the loan platform. So wherever it is overdue, there will be records.

3. After a few days overdue, the bank will only send text messages to remind users to repay. After one month overdue, bank customer service will call users to urge repayment.

4. If the user has not repaid the loan after two months, the bank will forward it to the debt collection company. At that time, the debt collection company will call your family and the user to collect. At that time, the attitude will not be good.

5. If the loan is not repaid after three months, the bank will initiate judicial proceedings and file a lawsuit in court. At that time, the user will receive a lawyer's letter or a court summons. At that time, the court will freeze the user's assets, including real estate, cars and bank accounts. If there are funds in the bank account, they will be used to repay the money and pay for the prosecution.

6. If you go to the court to sue, the user will be included in the blacklist of "untrustworthy persons subject to execution". If you are on the blacklist, you will not be able to fly, high-speed rail, stay in star hotels, or Being a business leader, director, board member will also affect your family, your children will not be able to go to private schools, etc. If the circumstances are serious, they may also be sentenced to fixed-term imprisonment.

7. Therefore, it is best not to owe money to the bank. The consequences will be very serious. The loan must be repaid on time. If you really have difficulties, you can take the initiative to negotiate with the bank. The bank will reduce or reduce some overdue interest based on the actual situation.

Extended information:

1. Generally speaking, each bank will charge a certain amount of interest for overdue repayment. Each bank is different, usually it is 0.05%. Interest. However, the interest accrual date is calculated from the date of consumption, not the date after the final repayment date.

2. It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect the credit limit. At the same time, there will also be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. The account will not be frozen.

3. When a credit card (credit card) holder chooses the minimum repayment method or uses the card beyond the credit limit approved by the issuing bank, he will no longer enjoy the interest-free repayment period and must pay the outstanding balance. Partial overdraft interest is calculated based on the prescribed interest rate from the bank accounting date.

4. Credit cards have two concepts: billing date and repayment date (also known as the final repayment date). The billing date is the day when transactions within a billing cycle are settled, and the repayment date is a repayment period. Because it is impossible to restore the situation of your contact with customer service, it does not rule out that you misunderstood the customer service staff's explanation or the customer service staff's explanation was unclear or even incorrect.

5. The main function of the repayment date is for banks to determine whether the cardholder has a malicious overdraft tendency and to determine the cardholder's financial status. Therefore, repayment after the final repayment date will inevitably result in an overdue record. Whether this record can be changed from the central bank requires further negotiation with the card issuing bank.

Baidu Encyclopedia - There will be no consequences for late repayment of credit card loans

It is illegal to fail to repay credit card loans overdue.

Non-repayment of credit card loans not only affects banks, but also affects the flow of funds in society. Once there is a stain on your credit record, future financial lending behavior will be affected.

1. Overdue credit card loans are not only subject to a late payment fee of 5% of the minimum unpaid portion, but also a penalty interest on the full amount of the bill (the daily interest rate is 0.5%, and the interest will be calculated starting from the day of consumption, and the interest will be charged monthly) Until the principal and interest are repaid), it will also produce a bad credit record in the Credit Reference Center of the People's Bank of China, which will seriously affect the application for credit cards and bank loans within 5 years.

2. If you are overdue for more than three months or fail to repay more than two bank reminders, the bank will freeze your card and list it as a prohibited customer (blacklist), and will also sue you for credit card fraud and Malicious overdraft is enforced by the court.

3. If the person refuses to repay after being sued and the amount owed exceeds RMB 10,000, the court will impose a sentence based on the crime of credit card fraud, Article 196 of the Criminal Law.

Extended information:

Overdue repayment refers to the situation of exceeding the final repayment period stipulated by the bank and failing to deposit the consumed funds into the designated account in full and in time. Overdue payment will accrue interest and affect your credit report. In serious cases, you may be sued by the court or imprisoned.

Credit cards have two concepts: billing date and repayment date (also known as the final repayment date). The billing date is the day when transactions within a billing cycle are settled, and the repayment date is a repayment period.

Because it is impossible to restore the situation of your contact with customer service, it does not rule out that you misunderstood the customer service staff’s explanation or the customer service staff’s explanation was unclear or even incorrect.

The main function of the repayment date is for banks to determine whether the cardholder has a malicious overdraft tendency and to determine the cardholder's financial status. Therefore, repayment after the final repayment date will inevitably result in an overdue record. Whether this record can be changed from the central bank requires further negotiation with the card issuing bank.

It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect your credit limit. At the same time, there will be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. Freeze the account!

Reference materials:

Baidu Encyclopedia - What are the consequences of overdue credit card repayment for three months?

A malicious overdraft refers to the cardholder using illegal For the purpose of possession, if the card is overdrafted beyond the prescribed limit or within the prescribed period, and the card is not returned for more than 3 months after being called upon twice by the issuing bank, it shall be deemed as a "malicious overdraft" as stipulated in Article 196 of the Criminal Law;\x0d\ A malicious overdraft on a credit card refers to an overdraft behavior in which the cardholder exceeds the prescribed limit or prescribed period for the purpose of illegal possession, and the collection by the card-issuing bank is invalid. \x0d\ The consequences of malicious credit card overdraft: \x0d\ 1. Produce a bad credit record; \x0d\\x0d\ 2. Incur late fees and interest; \x0d\\x0d\ 3. May face criminal penalties. Consequences of a loan overdue for three months

1. A loan overdue for three months is a very serious overdue behavior. Generally, lending institutions will determine that the lender has overdue in bad faith. At this time, the lender must be a loan user, which will prevent you from going to the bank to apply for personal loans such as car loans and housing loans in the future.

2. If the loan is overdue for three months, you will need to pay a certain penalty interest. The penalty interest is calculated based on 130%-150% of the central bank’s loan interest rate for the same period. The penalty interest for the three months overdue will be A very high expense.

3. If the loan is overdue for three months, you will be sued. According to the loan contract and the guarantee contract, you will be sued in court. The court will take measures such as property preservation, including freezing all property rights of the lender and loan guarantor. Deposits in bank accounts, seized properties that have been mortgaged and pledged, etc.

1. Solutions for loans that are overdue for three months:

1. Lenders must repay as early as possible. Although lending institutions will begin to deal with bad debts for loans that are overdue for 90 days, the loan People can still repay the debt and avoid being taken to court and having their reputation harmed.

2. Lenders must proactively cooperate with the lending institution in negotiating repayment matters and cannot avoid repayment. Generally, lending institutions will be willing to negotiate with the lender on overdue repayment methods, for example, part of the penalty interest can be waived. Or you can ask the lender to repay it in installments.

3. Lenders must maintain a good credit record after repaying the debt. Bad records will be automatically eliminated after 5 years. Besides, except for housing loans, most loans only refer to credit records within two years; < /p>

2. The following types of bank personal loans are available:

1. Personal housing commercial loans.

Personal housing commercial loans are self-operated loans issued by bank credit funds. They refer to natural persons with full civil capacity who purchase urban housing in this city and use the purchased property as collateral as a guarantee for repayment of the loan. And apply for a commercial housing loan from a bank.

2. Personal housing provident fund loan.

Personal housing provident fund loans are entrusted loans issued by the policy-based housing provident fund. They refer to employees who have paid housing provident funds when they purchase, construct, renovate, or overhaul their own homes in cities and towns in this city, using their property rights. A housing provident fund loan is applied to the bank where the house is used as collateral as a guarantee for loan repayment.

3. Personal housing portfolio loan.

Any borrower who meets the conditions for a commercial personal housing loan and deposits a housing provident fund can also apply for a personal housing provident fund loan from the bank when applying for a commercial personal housing loan, that is, the borrower uses the purchased principal to Use urban housing as collateral and apply for personal housing provident fund loans and personal housing commercial loans from banks at the same time.