Of course. The consequences of Xiaomi's repayment without satellite are: the penalty interest rate is calculated from the overdue date, and the penalty interest rate is 1.5 times the loan interest rate. At the same time, overdue records will be uploaded to the credit information, which will affect the user's personal credit information. As long as you don't borrow money from it, you can stop using this software or close your account.

What will happen if Xiaomi and the star overdue loans?

The consequences of overdue repayment of Xiaomi's star loan are as follows: from the overdue date, the penalty interest rate is 0.5 times of the loan interest rate of 65438+; At the same time, overdue records will be uploaded to the credit information, which will affect the user's personal credit information; Users cannot apply for other loan products in Xiaomi Finance; During the overdue period, you will receive a dunning call or overdue text message.

: 1. Loan collection method:

1. Send SMS notification: Online lending companies will send SMS reminders to borrowers who are less than one week overdue.

2. Call and ask: If it is overdue for about a week, the overdue person will receive a call from the online lending institution. If I can't contact you, the small loan company will contact the emergency contact or the contact information of relatives and friends left when you borrow money.

3. Bomb the address book: You usually authorize the address book to the small loan APP before the loan. When you are seriously overdue, they will pick some people you often contact to collect money.

4. Door-to-door collection: The cost of this collection method is too high, generally only for debtors with large loan amount and long overdue time. Note that it is illegal to make verbal and physical threats when collecting money at home, which may even constitute a crime.

If you ask the court for adjustment, you will send a lawyer's letter or a reminder to your residence.

6. Issue a court summons for direct prosecution.

2. How to wash away too many online loan applications?

1, you can choose partial settlement first: the amount of online loans is mostly small, so it is suggested to list some factors that affect credit reporting, pay it off as soon as possible, reduce your debt ratio, and avoid leaving a tainted record due to overdue.

2. Reduce your application record: six months ago, don't apply for online loans or other bank loans. It is best not to apply for credit cards. Leave a recovery period for the risk index to recover below, and it will be easier to apply for loans in the future;

3. Don't tamper with the online loan link: Some loan products can not only be used for credit investigation after you apply, but sometimes even if you click in to have a look, it will leave a record, so be sure to take care of your own hands and don't tamper.

4. Repay on time: Don't forget to repay all the loans and credit cards in your name on time during the credit reporting period. Don't be overdue, overwrite the previous records with good records.

What are the consequences of Xiaomi loan?

Consequences of Xiaomi's failure to repay the loan:

1. Overdue information will be uploaded to the People's Bank of China or a third party for credit investigation, and it will be difficult to borrow money in the future.

2. If it is overdue, there will be a high overdue fee. The overdue interest rate of overdue principal or interest is 65438+ 0.5 times the normal loan interest rate.

Extended data:

On June 5438+05, Xiaomi Finance indicated through the official account of Weibo that due to the abnormality of the docking system with Minsheng Bank, the repayment information of a few users was not updated in time. At present, a solution has been worked out together, and the correct information will be updated according to the actual repayment situation within 30 days.

Mr. Lin said that as far as he knows, most of the people affected this time are Xiaomi mobile phone users. The reporter also found in the interview that the users affected by this incident are mainly young people. Based on the brand trust of large Internet companies and the trust in the more convenient borrowing process of the Internet financial platform, Xiaomi Financial Platform was chosen to borrow.

According to the information released by Xiaomi Finance, users such as Mr. Lin and Mr. Chen expressed great dissatisfaction. They think that the credit information they really care about has not been given enough right to know.

The question that users are more concentrated is whether Minsheng Bank has reported overdue to the relevant departments. Can overdue reports be completely deleted without any records? How is the overdue processing going? At present, these problems have not received a clear response from Xiaomi Finance and Minsheng Bank.

Some users affected by this incident also reported to reporters that Xiaomi Financial Customer Service attempted to appease users by issuing 100 yuan interest-free repayment coupons, which they said was unacceptable.

Many users told reporters that for Minsheng Bank, it was found that the loan users of the same service channel were overdue in batches. Don't you need to confirm the repayment ability with the user himself, so arbitrarily confirm that it is overdue?

Some experts in the industry said that many Internet companies have entered the field of financial services across borders with the help of powerful terminal platforms, but this incident has sounded the alarm for everyone. In the field of financial services, security should not be a "dispensable" service, but an insurmountable bottom line for financial services. Internet platforms should be more cautious about the safety of consumer funds.

Xiaomi Finance-Xiaomi Loan

Xinhuanet-Xiaomi Finance's normal repayment is "overdue credit". Where did the money go?