Does Jinying apply for credit in installments?

Jinying’s credit report will be reported after the overdue installment. If you continue to fail to repay after the due date, you may gradually change from a bad credit report to a black account, or even a dishonest person subject to enforcement. The impact will not be on the loan, It's as simple as being rejected for a card. Once you are restricted from high consumption, problems will arise in traveling, staying in hotels, your children's application for private schools, and your own social status and reputation.

1. The impact of overdue is not only on the credit report

Jinying Installment is a financial product of Hangzhou_Ying Information Technology Co., Ltd. After using the loan, you should return it on time, no matter which platform you borrow from Everyone should repay their loan on time, but in life, some people will always be overdue due to various reasons. Overdue loans may be subject to a credit report. Once the credit report is listed, the borrower's later purchase of a house or car may be affected by this. , so what many overdue users are most worried about is the credit report. In fact, overdue small loans have more serious consequences than the credit report, and the credit report can only be ranked second.

2. More serious consequences

Not only will your credit be damaged if you are overdue for a long time, but you will also be included in the "blacklist" system, which will affect your personal credit. You will also face penalty interest and Liquidated damages, high interest and corresponding liquidated damages, and the platform's fancy collections are overdue for a long time. The platform will no longer persuade you with good words and start taking practical actions; incidents such as failure to repay borrowed money are civil disputes, and if the circumstances are serious, Will go to jail.

Once overdue, you must first negotiate with the online loan company to formulate a reasonable repayment plan. In addition, in the face of violent debt collection, you must also have the courage to take up legal weapons to defend your legitimate rights and interests, and promptly submit to the relevant judicial bodies. Department for help. No matter which platform you take a loan from, you should repay it in accordance with the agreed method and maintain your own credit report. Credit report is very important to everyone. You need to check your credit report when buying a house or car loan, including when your children go to school and join the army. Being included in the blacklist of dishonest people will also affect your high consumption. In addition, you must use loans rationally. Choose as many loans as you have as your salary income. Do not use loans beyond your ability, which will put pressure on you. Very big.