1, the penalty interest is high, and loan contracts generally have default provisions and penalty interest clauses. Once the borrower breaches the contract, the borrower needs to pay the corresponding liquidated damages or penalty interest according to the contract;
2. file a lawsuit. If the borrower fails to pay back the money, the lending institution may bring a lawsuit to the court;
3. The operation is affected, and the collection by the lending institution will inevitably have a greater impact on the normal production and operation of the borrower;
4. Personal credit information is affected, and borrowers will be uploaded to the central bank's credit information system.