If it's late, it will have some bad effects. The analysis is as follows:

1. After the overdue period, 5% penalty interest and 5/1 fine for delaying payment will be added. And it is calculated by compound interest. The longer the overdue time, the more money you have to pay.

2. After the deadline, the personal credit report will leave a bad record. With the bad record, it will be difficult to borrow money from the bank to buy a house, buy a car or apply for a credit card, including online loans, because now the "Lianlian" has been established, and both banks and online loans will receive credit information after the deadline, and the information of Lianlian is shared by the loan platform. Therefore, there will be records wherever it is overdue.

3. After a few days overdue, the bank just sends a text message to remind the user to repay, and after one month overdue, the bank customer service will call the user to urge the repayment.

4. If the user fails to repay the loan after two months, the bank will forward it to the debt collection company, and then the debt collection company will call your family and the user for collection. At that time, the attitude will be bad.

5. If the repayment is not made after three months, the bank will initiate judicial proceedings and bring a lawsuit to the court. At that time, the user will receive a lawyer's letter or a court summons. At that time, the court will freeze users' assets, including real estate, cars and bank accounts, and if there are funds in the bank accounts, they will be used for repayment and payment of prosecution fees.

6. If they go to court to sue, users will be blacklisted as "those who have broken their promises". If they are blacklisted, they will not be able to fly, take high-speed trains, stay in star-rated hotels, be business leaders, directors or board members, and they will also bring trouble to their families, and their children will not be able to attend private schools. If the circumstances are serious, you will be sentenced to fixed-term imprisonment.

7. Therefore, it is best not to owe money to the bank. The consequences will be very serious. The loan should be repaid on time. If it is really difficult, you can take the initiative to consult with the bank, and the bank will reduce some overdue interest according to the actual situation.

Extended information:

1. Generally speaking, each bank will charge a certain amount of interest for overdue repayment, which is different from bank to bank, and is generally five ten thousandths of interest. However, the starting date of interest should be calculated from the date of consumption, not from the date after the last repayment date.

2. It is suggested that if the total amount is not paid, the minimum repayment amount can be paid first, which will not affect the credit limit. At the same time, there will be a buffer period, so that the bank can know the capital flow in your account in time and will not freeze the account.

3. When the credit card (credit card) holder chooses the minimum repayment method or uses the card that exceeds the credit limit approved by the issuing bank, he/she will no longer enjoy the interest-free repayment period, and shall pay the overdraft interest calculated at the specified interest rate from the bank bookkeeping date.

4. Credit cards have two concepts: billing date and repayment date (also called the last repayment date). The billing date is the date when the transactions in a billing cycle are settled, and the repayment date is a repayment period. Because you can't restore your contact with the customer service, you can't rule out that you misunderstood the explanation of the customer service staff or that the customer service staff's statement was unclear or even incorrect.

5. The repayment date is mainly used by the bank to judge whether the cardholder has a malicious overdraft tendency and to judge the cardholder's economic situation. Therefore, repayment after the final repayment date will inevitably lead to overdue records. Whether this record can be changed from the central bank requires you to further negotiate with the issuing bank.

Baidu encyclopedia-overdue repayment