Will the overdue online loan deduct the money on the mortgage card?

Detailed description:

1. The overdue online loan is not directly related to the money on the mortgage card. Peer-to-peer lending refers to individuals borrowing money through the peer-to-peer lending platform, and mortgage cards are usually credit cards used to pay housing mortgage loans or related expenses.

2. Overdue online loan generally refers to the borrower's failure to repay the loan or interest on time, which may lead to overdue fees or damage to the credit record, but it will not directly affect the money on the mortgage card.

3. The funds in the mortgage card are usually used to pay housing-related expenses, such as utilities and property fees. , or the currency that can be used for consumption as a credit line.

4. If the borrower breaches the contract, such as serious overdue or non-performance of contractual obligations, the creditor institution can take legal measures to recover the arrears, but this has nothing to do with the money on the mortgage card.

Summary:

Overdue online loans will not directly lead to the deduction of the money on the mortgage card, and there is no direct connection between the two. However, overdue repayment may have a negative impact on personal credit record, so it is suggested to fulfill the loan contract obligations in time and maintain a good credit record.

Extended data:

Other questions related to the question and their answers:

-What impact will overdue online loans have on personal credit records?

Online loans overdue may damage personal credit records, thus affecting future loan applications, credit ratings and other financial transactions.

-Can a mortgage card be used to pay for expenses other than mortgage loans?

Yes, mortgage cards can usually be used to pay housing-related expenses, such as utilities and property fees. At the same time, it can also be used as a cardholder's credit line for other consumption scenarios.

Knowledge points in the answer:

-Relationship between overdue online loans and mortgage cards

-The importance of personal credit records

Legal basis:

This answer is generally based on common sense and experience, and there is no specific legal basis to support it. Due to the different laws in different countries and regions, the specific situation may be different. Please consult professionals with actual needs and get accurate legal advice.