1. Reporting credit, affecting credit: provident fund loans are handled in banks. If it is overdue, the bank will definitely report the overdue situation to the central bank for credit reporting, leaving overdue records on the borrower's personal credit reporting, which will affect the borrower's credit.

2. High penalty interest: If the borrower fails to repay the provident fund loan, the bank will charge penalty interest according to the penalty interest rate agreed in the contract. The default interest rate stipulated by banks is usually about 30% to 50% higher than the loan interest rate. If it is overdue, the penalty interest will be more and more.

3. The card loan will be blocked in the future: due to the overdue situation, which will be reported to the credit bureau for at least 5 years, banks and lending institutions are likely to refuse to approve cards and loans because of the bad records in the borrower's credit report.

4. Advance by the bank: If the borrower is in arrears for more than three months, the bank has the right. For those borrowers who are seriously overdue, banks are likely to sue in advance and apply for the disposal of collateral, auction or discount.

2. What is the impact of overdue repayment of Shanghai provident fund?

Overdue repayment of provident fund has the following effects:

According to different situations, citizens who are recorded in the record of dishonesty will be restricted from withdrawing provident fund and loans.

In terms of provident fund loans, if an individual is classified as seriously untrustworthy in the credit information classification, the qualification for housing provident fund loans will be suspended.

1. Common dishonest behaviors include:

The accumulated overdue housing provident fund loans have reached more than 3 periods (inclusive) and less than 6 periods (exclusive);

In the last two years, the accumulated overdue commercial loans have reached more than 3 periods and less than 6 periods (excluding student loans);

The accumulated overdue time of the credit card in the last 2 years has reached more than 3 installments (inclusive) and less than 6 installments (exclusive) (excluding annual fees);

There has been an attempt to illegally withdraw housing provident fund in the past three years.

There are processed debts registered by relevant departments;

Other personal information recognized by the management center that should enter the general category of dishonesty.

2. Serious dishonesty includes:

The accumulated overdue housing provident fund loans have reached more than 6 periods (inclusive);

Housing provident fund loans, commercial loans and credit cards are overdue;

In the last two years, the accumulated overdue commercial loans have reached more than 6 periods (inclusive) and no reasonable explanation has been issued (except for student loans);

The credit card has been overdue for more than 6 periods (inclusive) in the past 2 years without a reasonable explanation (except annual fee);

Take illegal means to withdraw housing provident fund or obtain housing provident fund loans in the past 5 years;

In the past two years, there have been serious or harmful acts registered by the relevant departments;

There are debts that have not been registered by the relevant departments;

Other personal information identified by the management center that should enter the category of serious dishonesty.

3. What is the impact of overdue repayment of Shanghai provident fund?

Overdue repayment of provident fund has the following effects:

According to different situations, citizens who are recorded in the record of dishonesty will be restricted from withdrawing provident fund and loans.

In terms of provident fund loans, if an individual is classified as seriously untrustworthy in the credit information classification, the qualification for housing provident fund loans will be suspended.

1. Common dishonest behaviors include:

1. housing provident fund loans are overdue for more than 3 installments (inclusive) and less than 6 installments (exclusive);

2. In the last 2 years, the accumulated overdue commercial loans reached 3 periods (inclusive) and 6 periods (excluding student loans);

3. The credit card has been overdue for more than 3 installments (inclusive) and less than 6 installments (excluding annual fees) in recent 2 years;

4. In the past three years, it was attempted to take illegal means to extract housing provident fund.

5. Processed debts registered by relevant departments;

6. Other personal information recognized by the management center that should enter the category of general dishonesty.

2. Serious dishonesty includes:

1. The accumulated overdue housing provident fund loan has reached more than 6 periods (inclusive);

2. There are overdue housing provident fund loans, commercial loans and credit cards;

3. In the last 2 years, the accumulated overdue commercial loans have reached more than 6 periods (inclusive) and no reasonable explanation has been issued (except for student loans);

4. The credit card has been overdue for more than 6 periods (inclusive) in recent 2 years without a reasonable explanation (except annual fee);

5 in the past 5 years, illegal means have been taken to extract housing provident fund or obtain housing provident fund loans;

6. In the past 2 years, there have been serious or harmful behaviors registered by the relevant departments;

7. There are debts that have not been registered by the relevant departments;

8. Other personal information identified by the management center that should enter the category of serious dishonesty.

Fourth, the provident fund has just stopped in Shanghai, and the provident fund loan will be made next month. Will it affect?

In this case, it is necessary to transfer out and stop sending. If the provident fund account is to be transferred out, the status of the provident fund account will not affect the repayment, but it is necessary to ensure that there is enough money in the provident fund account to repay the principal and interest every month. When you find a new unit, you can transfer the provident fund account to a new company, and then the provident fund will be paid normally, so even if there is a pause in the middle, it will not affect your provident fund repayment. If you stop paying the provident fund after applying for a loan, and you can't guarantee the full amount in the provident fund account, and you can't pay the housing provident fund in full and on time for a long time, the bank will handle it accordingly according to the specific situation. Therefore, although it may not affect the handling, after handling the provident fund loan, try not to stop paying. Extended data:

Precautions:

1. If the personal work changes to a new unit and the account has not been transferred to the original unit, the payment period will not exceed 6 months. After the expiration of the suspension period, the original unit may not apply for suspension of the same account again on this ground.

2. If the individual housing provident fund account meets the sealing conditions, the unit shall handle the sealing procedures in time, and shall not stop paying instead of sealing. During the suspension period, the unit shall, according to the actual situation of the individual, handle the formalities of sealing up, transferring, depositing and canceling the account in time. If the relevant procedures have not been completed after the payment suspension period, the account will automatically resume normal deposit. References: