1. What should I do if I still owe a bank credit loan?

1. Use the minimum repayment function. Every bank will have a minimum repayment function. As long as the minimum repayment amount is paid, the bank will not charge late fees and will not affect personal credit. But the minimum is to charge interest, five ten thousandths of interest every day, so you only need to pay the minimum. Although the pressure will be reduced, it will generate compound interest, which will be more troublesome and can only be used for temporary relief.

2. Use the segmentation function. If there is pressure on repayment, you can directly apply for bill installment. Generally, banks provide installment functions of 3, 6, 9, 12, 18 and 24. You can choose the number of installments according to your repayment ability, which can relieve the repayment pressure without affecting your credit.

3. Change the bill date to extend the repayment period. The billing time can't be changed casually. Generally speaking, it can only be changed once every six months. Some banks change it once a year, while others can only change it once.

4. Actively negotiate with the bank to explain the situation. If you really can't get up for a while because of special circumstances such as work, you can take the initiative to call the bank and explain the reason, which proves that it is not malicious and there is a reason. Discuss whether you can delay repayment. Don't ignore the bank just because you changed your phone, so your personal credit will be lost unless you don't deal with the bank in the future.

Second, what are the consequences of credit loans?

1, penalty interest and liquidated damages.

If the loan is not repaid, the first thing you encounter is a high penalty interest. On the basis of penalty interest, some financial institutions need to pay liquidated damages by themselves. These expenses add up to a lot of money.

2. Credit damage.

If you borrow money from the bank and fail to pay it back within the time limit, your personal credit report will be tarnished, and it will be more difficult to apply for credit cards and loans in the future. Even small loan companies are not included in the credit report, and there is a shared blacklist system in the circle. If a company does not pay back, it will be difficult to approve other loans.

3. Collect in various ways.

Banks and small loan companies have their own collection systems. Junior students will send text messages to themselves and make phone calls to collect money. In serious cases, there will even be collectors pressing them around the clock, which will seriously disrupt their work and life.

If sued, the assets may be confiscated.

Financial institutions will also arm themselves with laws. If you don't pay the arrears, you will be prosecuted if the amount is relatively large. Once the court makes a judgment, even if you don't want to, you must execute the repayment order. Otherwise, the court will seal up the property under your name according to law and repay the arrears with the proceeds from the auction.

If the circumstances are serious, you will go to jail.

Generally speaking, such incidents as non-repayment of loans are civil disputes and will not rise to the criminal level. However, if the borrower refuses to implement it, it will be considered as a deadbeat and would rather run away than pay back the money. If the circumstances are very bad, the court will also investigate the criminal responsibility of the borrower, and if it is too serious, it will go to jail.

Failure to repay the credit loan will bring serious consequences to the lender. The parties must deal with it in a timely manner, and they can negotiate with the bank or repay the loan. Only by paying off this debt, they will not bear overdue interest and their credit information will not be damaged. Therefore, it is particularly important for me to repay on time, and I must also be clear about my repayment ability when I apply for a credit card.