I asked the bank for advice.
1, find a professional to negotiate with ICBC. If the payment is overdue, it will increase the burden.
Even professionals cannot guarantee the success rate.
3. Go to ICBC to negotiate the overdue e-loan, so you can tell me my specific situation more directly.
There will be no extra cost, just tell the truth. Therefore, if it is overdue, it is better for ICBC to negotiate with banks than professionals to negotiate with banks.
How long will it take for ICBC to sue for overdue e-loan?
Icbc will sue the borrower three months after the e-loan is overdue. ICBC will make two effective collections within three months. If the borrower still fails to repay the arrears, ICBC will sue the borrower for illegal possession. The borrower shall take the actual prosecution time as the standard.
According to the provisions of Paragraph 4 of Article 196 and Article 264 of the Criminal Law of People's Republic of China (PRC), the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined.
Whether the purpose belongs to illegal occupation will be judged according to the borrower's credit record, repayment ability and willingness, arrears, purpose of arrears, performance after arrears, reasons for not repaying according to regulations, etc. The purpose of illegal possession will not be determined simply by the fact that the borrower has not repaid the loan.
If ICBC borrows the loans overdue provided by E Fund, the user should contact ICBC staff as soon as possible to explain the reasons for the overdue.
If the user fails to contact ICBC staff within the time limit and refuses to return the arrears after two effective collections by ICBC, he will be sued by ICBC, which will affect the daily life of the user. Users should keep a good credit record and pay back on time.
What if the bank loan is not repaid?
For most friends who buy a house with a loan, they are worried about repaying their mortgage every month. I'm worried. What should I do if I don't repay my mortgage in time one day, or I have no money to repay my mortgage? What are the consequences? I sorted out the relevant consequences of mortgage default for everyone, hoping to help everyone! What will happen if the loan is not repaid to the bank? First, take the initiative to negotiate with the bank. We all ... want to know more about what to do if the loan is not repaid. Let's take a look with China Travel. Bian Xiao. For most friends who buy a house with a loan, China Travel. I worry about paying my mortgage every month. I'm worried. What should I do if I don't repay my mortgage in time one day, or I have no money to repay my mortgage? What are the consequences? I sorted out the relevant consequences of mortgage default for everyone, hoping to help everyone! What will happen if the loan is not repaid to the bank? First, take the initiative to negotiate with the bank. As we all know, escape is not the solution to the problem. Many loan applicants are at a loss when the loan is not repaid. In fact, in this case, you should immediately communicate with the lending institution to solve it. Whether it is to extend the loan term or reduce the repayment amount of each installment, it is a good solution. Second, apply for a temporary loan from a small loan company. At present, loan applicants will apply for loans from banks first, and microfinance companies have small customer groups and low quality. In order to expand their business, many small loan companies have launched temporary loan products. For most temporary loan products, the loan period will not be too long, and it will definitely not exceed one year. For the purpose of temporary loan repayment, the application will generally not exceed three months. But it can also solve the urgent need for enterprises that urgently need to repay bank loans. What's the impact on house slaves? Consequence 1: There will be a penalty interest. If it is the first time overdue, the bank will inform you to remind you to repay on time. If you don't repay the loan for three times in a row, the bank will start to urge you to repay the loan on time, or even make a door-to-door reminder. At the same time, a penalty interest of 30%-50% will be added to the loan interest rate stipulated in your IOU contract until the principal and interest are paid off. Consequence 2: Affect normal life consumption Once the mortgage is sued by the bank, the borrower is likely to be blacklisted, which will seriously affect your future life and travel, and even affect your child's enrollment. Consequence 3: Bad personal record. Overdue mortgage repayment will leave a bad record on your credit report and will be kept for five years. In these five years, it is basically impossible for borrowers to apply for loans from banks. Consequence 4: The house will be auctioned by the bank at a low price. If you really have no money to repay the loan, the bank has the right to auction your house, and the auction price is much lower than the original purchase price. If someone buys your house, the bank will deduct the principal and interest of the mortgage, after deducting the prepaid lawyer's fees, legal fees, preservation fees and court enforcement fees. Only very little money will eventually reach you. Consequence 5: The assets are insolvent, and the bank has the right to recover the debt from you. If the house cannot repay the principal and interest of the bank loan after the auction, the bank has the right to recover the debt from you, and you can't buy any real estate until the principal and interest owed to the bank are paid off. Method 1: If you just have no money to repay the loan temporarily, you can consider borrowing money from friends and relatives to repay the loan. Method 2: If there is no financial source to repay the loan for a period of time due to job changes, you can actively cooperate with the bank to make a dunning, and explain your situation to the bank, and apply for deferred repayment to reduce the monthly repayment amount. Method 3: Apply to the bank to suspend the repayment of principal and only pay interest, which is acceptable to ordinary banks. Method 4: If there is really no money to repay the mortgage, the house can be transferred and sold with the consent of the bank, and the proceeds will be returned to the loan, and the new buyers will fulfill their repayment obligations.
What will happen if ICBC forgets to borrow money from e-loans?
If ICBC borrows money and forgets to pay it back, it will generate penalty interest. The longer it takes, the more penalty interest it will generate. Moreover, after overdue repayment, it will be uploaded to the credit information center by the platform, and personal credit information will become bad, affecting the handling of various loans, such as car loans or mortgages. Moreover, the credit will be kept for a long time after receipt, and will be kept for 5 years after the arrears are returned.
ICBC can choose different terms when handling E-loan to ensure timely repayment after borrowing. The loan term is generally 2 years, and the longest is 5 years. When choosing, you should fully consider your income. If you have difficulty in repayment, you can borrow money from friends around you at this time to avoid overdue.
The maximum loan amount of ICBC's e-loan in 600 yuan is 800,000 yuan, and the loan amount obtained by different users is different. Within the credit limit, users can recycle it. Interest is calculated on a daily basis after the loan is borrowed, and it is repaid with the loan. Users repay in advance, and the platform will not charge liquidated damages.
The money borrowed from ICBC Finance E can be used in different aspects, such as car purchase, home improvement, travel, shopping, consumption and so on. However, this loan cannot be used for securities market, futures market, equity investment and real estate market, and finally it cannot be used for matters explicitly prohibited by national laws and regulations.