What are the consequences of overdue repayment?

1. Manual collection: at the initial stage, a car platform will be provided to the lender by telephone collection, if the lender ignores it. The next step is to collect the money from home and contact the relatives and friends left by the lender.

2. Ali's credit is damaged:

The private car platform is an enterprise invested by Ali. At present, it is the credit evaluation system of Alibaba. If the customer does not repay, it will directly affect Alipay Sesame Credit Score. For example, ant flower buds may be reduced or even closed directly.

3. Personal credit information is damaged:

A car platform will provide a list of customers with malicious arrears to the credit reporting agency. It will be even more difficult to buy a house and a car from a bank loan in the future. Nowadays, many companies also check personal credit information when recruiting employees, and good jobs may be isolated from you.

4. The vehicle is recovered:

This is the real killer. For customers who maliciously fail to repay, they can take back the vehicle according to the terms of the contract, and the down payment and monthly payment will not be refunded.

Million car purchase subsidy