Open Alipay on your mobile phone and click "Ant Borrowing"; check your available loan limit. If the available loan limit is 50,000 yuan, you can apply for a loan of 50,000 yuan. If there is not so much, you cannot apply. A limit of 50,000 yuan; click "I want a loan" and enter the loan amount of 50,000 yuan; verification code and password verification; 50,000 yuan loan funds are received. In fact, no matter what, as long as they ask you for money, passwords, verification codes, payment passwords, or the other party asks you to log in to certain accounts provided by the other party on your mobile phone, or asks you to deposit an amount into the card submitted for your loan, it is basically absolutely impossible. Not credible.

Consequences of overdue loans

1. Penalty interest will be incurred, and an additional 50% interest will be charged

The intensity of the penalty interest is different for each lending institution. Citibank's penalty interest rate is 50% interest added to the original interest rate, and the liquidated damages charged by small loan companies may be even higher. Adding late fees can be scary.

2. Add it to the blacklist and record it in the bad credit file

The day after the overdue date, the lender’s name will appear in the bank’s internal system, and the credit report will inevitably Leave a bad record. And records may be retained for more than 3 years and less than 7 years.

3. Affect future loans and credit card applications

As long as you are on the blacklist, your mortgage and car loans will be affected. Penalty interest is only a monetary loss, while a bad credit record is a loss of intangible assets, the impact of which cannot be compensated by money.

4. Unable to enjoy loan discounts, or even unable to apply for a loan

For mortgage loans, if there are many overdue repayment records in the past loan records, even if there are no If you enter the blacklist, in addition to the penalty interest for overdue mortgage payments, you may also be unable to successfully obtain preferential interest rates for bank mortgages, or even be rejected for new mortgages.

5. Unable to fly, high-speed rail, drive a car, and their children cannot go to aristocratic schools

For persons subject to execution who refuse to implement court judgments and rulings, once they are blacklisted, Will they not be able to take airplanes or high-speed rail? Their children will not be able to attend high-cost schools, and they will not be able to serve as the legal representative of a new company. There will be more penalties in the future, and it can be said that life will be difficult to move forward.

6. It may affect personal career

For students whose student loans are overdue for more than 90 consecutive days, the bank or school may publish their names, photos, and ID cards in the media. No. and overdue information may also be reported to the workplace. The bank will also sue.

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