Basically, if you are overdue for three days, you will not call the contact person. If you receive a collection call from Paipaidai, you can just negotiate with the customer service and agree to the repayment date, otherwise it will be harmful to you. There are some bad effects. First of all, it will affect your credit, and if the repayment date is exceeded, the platform will charge relatively high interest.

The consequences of not returning the goods are:

1. Impact on credit. Paipaidai cooperates with other credit reporting agencies. If there is an overdue payment, it will be recorded and affect your credit;

2. Penalty interest will be incurred. If you have not paid off the loan by the repayment date, even if it is overdue, the platform will calculate your penalty interest and the rate will be higher;

3. Being collected. After the due date, special collection personnel will keep an eye on you and call you and send you text messages to collect collection.

If you are overdue, it is recommended to repay the debt as soon as possible. If you are seriously overdue, you will face:

1. Bear high overdue fees. For overdue fees, different online loan platforms have different names and charging standards. Whether it’s called overdue penalty interest, overdue management, or other various names, the charging standards are very high. Therefore, if you are able to repay your loan on time, do not overdue it.

2. Accept the platform’s fancy debt collection methods. Collection is generally divided into three stages: the first stage, just a few days overdue, the platform customer service will tell you that it is overdue, please repay on time; the second stage, the overdue period is longer, the platform customer service will give a serious warning, threatening to overdue again. Facing serious consequences; in the third stage, when the deadline is long overdue, the platform no longer offers good words and begins to take practical actions. There are many types of practical actions. Some platforms outsource debt collection and let specialized debt collection companies handle the debt collection. I believe borrowers are not willing to encounter the "violent debt collection" scandals reported some time ago by debt collection companies.

3. The People’s Bank of China’s credit report is stained. At present, most online loan platforms have not yet connected to the People's Bank of China's credit reporting system, but access to the People's Bank of China's credit reporting system has become an inevitable trend. In the future, overdue loans on online loan platforms will be recorded in the People's Bank of China's credit reporting system just like overdue bank loans and credit cards, causing credit stains. If there is a stain on your credit report, it will affect your real life. If you want to buy a house, you won’t be able to get a loan, if you want to buy a car, you won’t be able to get a mortgage, etc.

4. The defendant goes to court. If the loan is overdue for a long time or deliberately fails to repay, and the limit exceeds 2,000, it can already constitute a crime of fraud, and there is a risk of being taken to court by the online loan platform.