Whether it is true or false depends on the specific situation. If you have unpaid debts, you should go to the place where you owe the money to confirm. If not, it is a lie.

Extended information:

Online lending is the abbreviation of online lending, including individual online lending and commercial online lending. Online lending refers to direct lending between individuals through the Internet platform. It is a subcategory within the Internet Finance (ITFIN) industry. The number of online lending platforms has grown rapidly in China in 2012. So far, there are about 350 active ones, and the total number as of the end of April 2015 was 3,054.

In September 2019, the Leading Group for the Special Rectification of Internet Financial Risks and the Leading Group for the Special Rectification of Online Loan Risks jointly issued the "Notice on Strengthening the Construction of the Credit Information System in the Field of P2P Online Lending" to support operating P2P Online lending institutions are connected to the credit reporting system.

The impact of overdue repayment of online loans:

1. Penalty interest

After the loan is overdue, most products will have to calculate penalty interest on a daily basis. , some online loans even add late payment fees, and the total cost will be very scary when added up.

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

If the credit is checked on the online loan, then the day after the overdue date, the credit report will inevitably leave a bad record , even if the loan is repaid in time, the bad records will be retained for 5 years.

3. Affect future loans and credit card applications

As long as you enter the credit 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. You cannot enjoy loan discounts or even apply for a loan

For mortgage loans, if there are many overdue records in the past loan records, even if you have not entered the blacklist , you may not be able to successfully obtain preferential interest rates for bank 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, You will not be able to take airplanes or high-speed rail