What will happen if I come to borrow money?

My overdue loan will have the following consequences: 1. Credit will be affected. I have cooperation with banks and private credit reporting agencies. If it is overdue, you may apply for a credit report, which will affect your credit. 2. Generate high penalty interest. The penalty interest rate is higher. If it is overdue, the penalty interest will be very high. 3. Be collected. After I come to loans overdue for a loan, the loan platform will arrange collection personnel to collect it; 4. Be sued. If the overdue amount is large, you may be sued by me for the loan. If you refuse to repay, you will be included in the list of untrustworthy people, and high consumption will be prohibited in the future.

I Welab is a online loan platform launched by Weiyinglian Information Technology (Shenzhen) Co., Ltd. on 20 13. I come to provide consumer credit, consumer installment, credit leasing, popular recommendation and other services. [1] In March of 20021,WeLab announced that it had obtained $75 million in financing. Mr. Long Peizhi, the founder and CEO, worked in the management of Citibank and Standard Chartered Bank for 15 years before founding me. Mr. Long Peizhi was the head of Northeast Asia of Standard Chartered Bank, managing private loans and credit cards in China, Hongkong, Chinese mainland and Taiwan Province provinces, and turning it into one of the most profitable and successful businesses of Standard Chartered Bank in Greater China. He is also a member of the Hong Kong Consumer Finance Management Committee of the Bank. Mr. Long Peizhi is a certified public accountant and holds a master's degree from Stanford Business School. In addition, Mr. Long Peizhi is a consultant of Shenzhen Consumer Council and a member of Hong Kong Trade Development Council and Hong Kong General Chamber of Commerce.

2. At present, the Series A financing of USD 20 million has been completed. Investors include yuri milner, founder of DST, Ayumi Capital supported by the leaders of Silicon Valley Internet companies, China Post and Maile.com, strategic investors of TOM Group, and WeLab such as Sequoia Capital and TOM Group announced that they had obtained 65,438+on October 20th, 2006. This round of financing was led by Malaysia's national sovereign fund, Malaysian Treasury Holding Company, followed by ing, a large European bank, and York Financial Group, a wholly state-owned enterprise under the Guangdong provincial government. 2017165438+18 October, WeLab (I came to borrow) announced that it had obtained financing of RMB1500 million, and the investors included large international banks such as Alibaba Hong Kong Entrepreneur Fund and IFC, a member of the World Bank Group. 2065438+February 2009, 65438+2065438, WeLab announced the completion of the C round of strategic financing of RMB 1 1 billion. This round of financing was joined by new investors, followed by five original investors, including Alibaba Entrepreneur Fund and CCB International. In March, 20021,WeLab announced that it had obtained $75 million in financing.

3. As the first line of defense of loan risk, the review post should pay attention to the acceptance process and be vigilant. Examining the completeness, completeness and compliance of the application materials submitted by the applicant; Whether the applicant's subject qualification meets the relevant business requirements of the bank and whether it has a bad credit record; Whether the loan purpose is in line with our credit policy and whether it is specific; Whether the loan investigation report is complete, whether the calculation of key financial indicators is accurate, whether the obtained data is cross-verified, whether the customer credit rating table is reasonable, and whether the palm reading suggestion in the investigation report is reasonable; Verify the borrower information by phone. Whether the guarantor of the guaranteed loan understands its guarantee responsibility, and whether the team members of the joint guarantee loan understand its joint liability, etc. The unqualified business is returned to the loan officer, and the loan officer supplements the corresponding materials or refuses to lend according to the examination opinions.