1. Statement: Alipay online merchant loans overdue will report it at the meeting in more than 30 days. In China, personal credit record is an important evaluation index, and breach of contract will have a negative impact on personal credit rating.
2. Reasons for overdue for more than 30 days in the letter of credit:
-Time window: The People's Bank of China stipulates that it will not be included in personal credit records until it is overdue for more than 30 days. This time window gives the borrower a certain grace period for repayment or negotiation.
-seriousness and fairness: taking overdue for more than 30 days as the credit reference standard can make the credit reference system treat overdue behavior more seriously, ensure fairness at the same time, and give borrowers enough opportunities to abide by contractual obligations.
3. Extended information:
China's personal credit system has developed rapidly in recent years and has gradually become an indispensable part of social and economic activities. Personal credit records play an important role in financial institutions, renting houses and employment. The influence of overdue behavior on credit rating can affect the rights and interests of individuals in borrowing, leasing and applying for credit cards in the future.
Please note that the above answers are based on the laws and practices of China, and make assumptions according to the information in the question. The specific situation may be different due to factors such as regions and policies of different institutions. It is recommended to consult relevant lending institutions or local legal departments for the specific situation to obtain the most accurate information.