The establishment of fast-track loans as a well-known credit product in the industry, with low interest rates, rapid lending and flexible repayments, is well received by users. However, there may be users who, as the repayment period draws near, may not be in a position to come up with a request for an extension to alleviate the pressure. So, can a fast-track loan be extended through manual services? What would be the impact if it were overdue

Can the construction of a fast loan be extended by manual service? What are the negative effects of being overdue

First, it should be understood that the construction of fast-track loans is a credit loan, that banks do not provide time-consuming services to users and that manual passenger service cannot help with the deferred repayment. Therefore, if users fail to pay their bills on time, the following negative effects will result from the delay:

1. ** Letter impact**: Construction of fast-track loans as a regular bank loan product that is passed on to the Central Bank ' s letter-in-writing system at late-time record meetings. Even if the user had subsequently paid off the overdue amounts, the records would have been kept for five years. If the delay is not long, it may have a lesser impact on future credit operations, but borrowing rates may increase. In the event of serious delays, such as multiple overdues, the future may be faced with the rejection of loans。

2. **Late interest costs**: from the overdue date, interest rates begin to run, and the longer they are, the higher the cost. This not only increases the user ' s repayment pressure, but also increases the accumulation of obligations。

3. ** Fast-lending account freeze**: the system freezes user fast-lending accounts when they are overdue and the user can only repay and cannot borrow. Even if the arrears are subsequently paid, the Platform will decide whether to reopen the fast-lending function in the light of the magnitude of the delay, and users with late records will face difficulties in raising the amounts and the slow pace at which they will be raised。

4. **Counsel pressure**: The BCC arranges for the caller to contact the user, through telephone calls, text messages, and even contact the user ' s relatives and friends to verify the situation, with serious implications for the lives of the user and his/her relatives and friends。

In order to avoid these negative effects, users may consider seeking help from family and friends or reimbursing assets in times of financial constraints. If there is a genuine inability to pay, the loan platform can be contacted to explain the financial difficulties and provide relevant supporting information for consultation。