What will happen if you don’t repay the online loan and only pay back the credit card? 1. Charge high penalty interest: If an online loan is overdue, penalty interest will be calculated on a daily basis. If the online loan you borrow is more formal, the penalty interest may be less. However, if you encounter some 714 and other anti-aircraft platforms, the penalty interest will be charged within a few days of overdue payment. The interest may roll up to be higher than the principal. For example, it is possible to borrow tens of millions and pay back tens of thousands overdue. 2. Poor credit report: Nowadays, not only credit cards, but also many online loans are subject to credit reports. The products of licensed financial institutions are also directly linked to credit reports. Failure to repay these online loans will also affect your credit. Of course, there are also online loans that are not credit-worthy, but will have their own scoring system. Failure to repay will lower the score, and future applications will be directly rejected. 3. Various means of collection: Online loans that are not repaid overdue will be collected with greater intensity than credit cards. People often encounter violent collections, such as a series of life-threatening phone calls for collection, calling from different numbers 24 hours a day regardless of time, and paying back debts. They will threaten and intimidate on the phone, even explode the address book, etc., ruining the borrower's reputation, etc. 4. Impact on credit business: If you fail to repay online loans listed on the credit bureau, it is impossible to apply for bank credit business, and even the best-approved credit card cannot be obtained. Although some online loans are not on the credit report, if they are reported to the central bank as a list of evaded debts, the bank cards in their names may be frozen, and existing credit cards may not be usable. In short, don’t think that if you repay your credit card or online loan, it will be fine. The consequences of not repaying the online loan cannot be ignored. If you want to avoid affecting your work and life, it is recommended to pay it off as soon as possible. If you encounter unreasonable charges, you can You can negotiate with online lenders or even collect evidence to complain.