Traditional Culture Encyclopedia - Travel guide - Hehe travel loan is not so good.

Hehe travel loan is not so good.

if you don't repay the loan, it will definitely affect your credit information.

When traveling encounters financial problems, many people will choose to apply for travel loans. But the problem of not paying back the loan is very serious.

first of all, if the loan is not paid, there will be default interest on the loan. Originally, the borrower will have a certain economic pressure before paying the loan, and then there will be a penalty interest on the loan, which will increase the repayment pressure for himself after all.

secondly, it is the impact on personal credit records. If the travel loan is not repaid, it will be recorded in the personal credit. If you want to borrow again in the future, it will be discovered by the lending institution. In severe cases, the loan will be refused.

furthermore, if the travel loan is not repaid after repeated reminders from the bank, the bank can also sue the borrower. At that time, the borrower may still have a lawsuit.