The existing installment is two years overdue, and now it is said that it will come to the door. What should I do?

Loans overdue has spent two years, and now he says he will come to collect money. In this case, I suggest you contact the loan platform as soon as possible. It's best to return some of it first and the rest later. If you are in loans overdue for a long time, the platform may sue you.

Loans overdue.

There are both short-term and long-term loans overdue, and the consequences are different due to different overdue periods. But most people have a lot of misunderstandings about loans overdue, and they will regret it when it has serious consequences!

Short-term overdue loans and their consequences

Different financial institutions have different definitions of short-term overdue time. In view of short-term overdue, institutions generally do not take compulsory measures, but will remind them to collect repayment, and the consequences are:

1, high fines and liquidated damages

After loans overdue, in addition to interest and principal, you also need to pay a high penalty interest and liquidated damages.

2. Leave a personal credit stain

The overdue records will remain on the credit report, and even after repayment, the overdue records will be retained for 5 years. Overdue records will affect almost all the subsequent financial activities of the overdue person.

3. Receive text messages and collection calls.

Lending institutions will continuously send short messages and telephone calls to collect overdue funds, inform borrowers of the serious consequences of overdue, and order borrowers to return overdue principal and interest within a time limit.

Long-term overdue loans and their consequences

Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery if they are maliciously overdue for more than 90 days, regardless of the amount. After the court's decision, the information of the person who has broken his promise (Lao Lai) will be announced to the public, limiting his high consumption and taking the high-speed rail.

With the supervision bureau becoming more and more strict, the online loan platform is becoming more and more standardized and strict. Now many online loans are receiving credit information, so the credit information record is a matter of great concern to all borrowers. Today, I will popularize the knowledge of online loan credit information for everyone, hoping to help you.

1. The handling of online loan credit records is very "humanized";

Compared with traditional banks, online credit information is much more humane, which means that you will be given a certain grace period for unintentional overdue caused by temporary negligence. However, if the borrower defaults for a long time, it is easy for the borrower to have a tainted record, which is also the key reminder in the credit information system, which is very serious for personal influence!

2. The retention period of bad credit record of bank loan default is 5 years.

According to the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident. Bad records will not be discovered by other banks after paying off the principal and interest and liquidated damages for more than 5 years. It is worth noting that the credit stain will remain until the loan is settled. So everyone must cherish their credit records.

3. The retention period of bad credit records of overdue credit cards is 2 years.

Credit card repayment information will be recorded by the central bank's credit information system for 24 months. If the card is cancelled, the record will be kept for a long time. Therefore, it is recommended that credit card users continue to use their cards for two years after paying off their debts. During this period, they can maintain good credit and delete bad records from the credit information system by rolling records.

All three are based on short-term default. If the overdue information has been uploaded to the People's Bank for too long, pay off the debt and the system will automatically eliminate it after 5 years.