1. What will happen to Cao Cao Dai? It belongs to Paipai Dai.

1. Penalty interest will occur

Although the policies of each lending institution If the loan is not paid, the institution will first call to collect the loan and remind the borrower to repay, as a daily penalty interest.

The intensity of penalty interest varies from loan institution to loan institution. For example, Citibank charges 50% interest, and some small loan companies may charge even more liquidated damages. This means that if you borrowed an estimated 10,000 yuan, but if you don’t repay it for more than 3 months, you may end up having to pay tens of thousands in interest and late fees.

2. A bad credit record will affect future loans and credit card applications

Every time you are overdue, your name will appear in the bank's internal system the next day. Then the bank manager and risk control will see it. After the expiration date, the credit report will inevitably be retained. 3 If you borrow money from other banks, you may apply.

If the overdue circumstances are serious, future mortgage loans and car loans will be affected. Penalty interest is only a monetary loss and a loss of property, and the impact caused cannot be compensated for by money.

3. Unable to enjoy the loan

When many people apply for a mortgage again, they find that there are too many overdue repayment records on their old mortgage. In addition to overdue mortgage repayment requirements, Penalty interest may apply, and you may not be able to successfully obtain a mortgage loan from a bank, or even make it impossible to apply for a mortgage loan again.

4. The blacklist will prevent children from going to key schools

And some "old lads" who deliberately delay bank debts will be blacklisted. As a result, they will not be able to take flights, high-speed trains, or stay in accommodation. What is even more serious is that their children will not be able to attend key schools. There will be more penalties in the future, which can make life difficult.

5. Impact on individuals

For students whose student loans are overdue, if they are overdue for more than 90 consecutive days and the circumstances are serious, the bank or school will publish the ID number and overdue information in the media , or inform the workplace. If it is overdue but not for 90 consecutive days, and if it can be remedied in time and repaid on time, the credit level will not be greatly affected.

6. The bank sends a lawyer’s letter to

If you have not paid for more than 3 months, it is very serious! For expired loans, in accordance with the loan contract and guarantee contract (Mortgage or pledge contract) stipulates that all bank account assets of the lender and loan guarantor will be frozen.

7. After the judgment is made, it will be enforced

After the judgment is made, it will be enforced in accordance with the law (loan losses of the depository bank will be deducted. Specifically include: loan principal, loan interest, Overdue interest and penalty interest, as well as all resulting litigation costs, related costs incurred when disposing of mortgage (pledge) properties, etc.

8. Serious cases will be subject to legal sanctions

If you have the ability and refuse to execute a valid legal document, you will be subject to legal sanctions if the debtor cannot repay.

2. What does Paipaidai have? Loans

I don’t know which loan platforms are under Paipaidai, but I know that Sina Youbori is good.

It depends on the situation. If everything goes well, Sina Youbori will arrive in seconds.

Bank loan approvals vary from bank to bank, usually within a month. Of course, if the bank has good assets, it will usually take 15 to 25 working days. It does not rule out that some banks may have slower approval times. , the first half of the year is faster. The end of the year is usually slower, because banks have to collect payments, so they don’t lend much in the last month.

3. Does anyone know what the opening is? Is it under Paipaidai? Please give me some advice

Caocaodai