What are the consequences of borrowing treasure overdue?

Recently there is a very hot AAP called the loan Treasure, is an acquaintance between the one-way anonymous borrowing, but the acquaintance of borrowing money is not the case. So, what happens when the loan is overdue?

　　What does it mean to borrow treasure overdue?

According to the provisions of the borrowing treasure, the loan maturity date, the loan treasure will be transferred from the side of the loan automatically should also be the principal and interest to the lender account, of course, it is necessary to borrow the account has enough of the principal and interest, or even overdue.

　　What happens when a loan is overdue?

If overdue, the first is to be punished. Over 3 days overdue, the interest rate will be charged to collect interest and penalty. The second is to charge overdue management fees. It is divided into basic overdue management fee (more than 3 days overdue) and special overdue management fee (more than 30 days overdue).

In addition, the loan treasure will also launch debt collection. On the 1th day overdue, the loan will be collected by telephone, and the loan treasure will issue a solicitor letter to the overdue party on the 20th day, and if it is overdue for more than 31 days, the overdue record will be uploaded to the loan treasure platform and even to all the friends.

　　More seriously, if overdue, the bad record will be uploaded to the credit system and may be sued by the late party.

Teng NIU Net said, using borrowing treasure borrowing, if overdue not only to pay more money, but also affect personal credit, it is not cost-effective. We recommend that you use the loan treasure to borrow the best repayment on time, repayment account should be sufficient to pay the repayment of interest and interest amount, in the event of overdue, please in 3 days in time repayment.