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What will be the impact if Shizuishan Bank fails to repay on time?

Shizuishan Bank’s untimely repayment will have the following consequences

If the repayment is not timely, the bank’s personal loan department manager may call us to repay the loan on time and ask us about the overdue payment. Reason;

If we repay the debt in the short term, it will not cause our collateral to be sold;

Although the bank will not sell our asset collateral within a few days , but a few days late in repaying a bank loan will have a negative impact on our credit. This will affect our future applications for loans or credit cards. In addition, we will also pay a certain late fee for overdue payments.