If it is overdue, you only need to pay extra fees and penalty interest, and you will not leave a bad credit record. However, it will be more difficult to handle the business of Jingdong Finance in the future, such as JD.COM Baitiao, which will affect Xiaobai's credit score.
The influence of JD.COM gold bars overdue for one day;
1, additional penalty interest
The calculation formula is current repayable principal (all outstanding principal) * liquidated damages rate (0.06%)* days of default.
Number of periods: 1, 3, 6, 12, with overdue interest rate of 0.06%.
For example, if the loan 1 000 yuan is overdue for one day, the penalty interest will be paid for one day in 0.6 yuan. The longer it is delayed, the more penalty interest will be accumulated.
2. liquidated damages
There was an agreement before the JD.COM gold bar loan. If it fails to repay due to its breach of contract, it shall pay liquidated damages in proportion to the penalty interest.
Calculation formula: liquidated damages = unpaid amount payable * proportion of liquidated damages (0.05% per day) × days of default.
Loan 1 0,000 yuan, one day overdue, penalty interest in 0.5 yuan, then one day overdue, penalty interest plus penalty interest is about 1 yuan per day. The higher your daily interest rate, the more penalty interest and penalty.
Extended information "JD. COM IOUs is a brand-new payment method of "consumption first, payment later" introduced by JD.COM. When you use IOUs to pay on JD.COM website, you can enjoy a deferred payment period of up to 30 days or a maximum of 24 installments. It is the first Internet consumer finance product in the industry. ?
Since then, "Baitiao" has also opened up O2O(JD.COM arrives at home), global purchase and product crowdfunding within the JD.COM system, and then gradually covered the fields of renting, tourism, decoration, education, wedding and so on, extending from credit house purchase service to providing credit consumption loans, covering more consumption scenarios and providing credit consumption services for more consumers.
As a leading brand in the consumer finance industry, Baitiao was launched in JD.COM Mall on February 20 14, providing users with the services of "consumption first, payment later" and "30-day interest-free installment", which has become a model of industry innovation.
In 20 15, Baitiao began to go out of JD.COM and integrate into more scenes with an open and cooperative attitude, providing users with credit consumption loans. At present, it includes white co-branded credit cards jointly created with banks; Cooperate with third-party merchants to provide services such as "white strip" staged tourism, renting, decoration, car purchase and education. And provide consumer financial support specifically for campus and rural people.
Based on users' needs, Baitiao series products will continue to innovate as always, and through credit value-added services, multiple consumption scenarios will be embedded to make users' consumption experience more convenient and smooth, so that the future will come now.
In 20 16, Baitiao launched the strategy of going to JD.COM, upgrading its brand and independent domain name. At the end of September, the "White Strip Flash Payment" product, which can be used online and offline, was officially launched. As long as it is a pos merchant that can support flash payment, you can add a white note with flash payment function to mobile wallets such as apple pay, Huawei pay and Xiaomi pay. And it can be used by millions of merchants all over the country, eating, drinking and having fun online and offline. Where there are white bars, there is a better life.
Refer to Baidu Encyclopedia-JD.COM White Strip.