The best way to deal with the problem of owing too much online loan is to repay the online loan that has been sent to the credit bureau first, and then repay the loan that cannot be sent to the credit bureau. Personal credit will not be damaged. As for loans that are not subject to credit investigation, users can repay slowly according to their own repayment ability.
In a word, no matter how much online loan is owed, the repayment must be recorded. If there is no way, the minimum repayment method can also be selected, but it must not be overdue or overdue. Try to minimize the consequences of overdue loans, which will have little impact on future loans.
At present, most online loan platforms have not been connected to the credit reporting system, but it has become an inevitable trend to connect to the credit reporting system of the People's Bank of China. In the future, if the online loan platform fails to repay the overdue loan, it will be recorded in the credit system of the People's Bank of China as well as the overdue bank loan and credit card, resulting in credit stains. If the former consequence is only disgrace, the stain of credit investigation will affect the real life. There is no way to borrow if you want to buy a house, and there is no way to mortgage if you want to buy a car.
1、 The best way to deal with too many outstanding online loans is as follows:
1. Timely sorting
When owing multiple online loans, the borrower needs to face his own debt bravely, be sure to know his own debt clearly, pay attention to paying off the debt with high credit and interest in advance, and develop a repayment plan. At the same time, pay attention to whether the loan platform has interest non-compliance. If there are illegal and non compliant interest, the borrower can refuse to repay.
2. Negotiated repayment
In the case of a large amount of arrears, if the borrower is unable to pay off the arrears within the specified period, it can try to negotiate with the loan institution to postpone the repayment or reduce some loan interest. Generally, the loan institution will agree to negotiate in order to recover the loan funds, taking into account the actual situation of the borrower.
3. Ask for help from relatives and friends
If you can't pay off the arrears in a short time by yourself, you'd better borrow money from your friends and relatives, pay off the arrears on the online loan platform, and then pay back the arrears to your friends and relatives slowly. If you pay off the arrears as soon as possible, you can avoid more loan interest costs.
The treatment method for the insolvency of many owed online loans is as follows:
1、 Repayment order, credit investigation is the most important
It is self-evident that credit investigation has an impact on everyone's daily life. It will not only affect the future application for housing loan and car loan, but also even the scanning code, cycling and hotel rental in daily life.
So once there is a sign that the loan is overdue, you can check on WeChat whether the loan you owe is on credit reporting. Through data, you can pay back the loan related to credit reporting first, identify the priorities, and then work hard to earn money to pay off the debt slowly.
2、 If it can be delayed, it will be delayed. If not, it can be staged
In the face of overdue loans, one of the most taboo things is to break the pot, so we should take the initiative to contact the debtor to see if we can handle the suspension of interest, repay the principal first, and make up for the remaining interest.
If the loan institution does not agree, you can continue to negotiate to see if you can repay in installments. In this way, the pressure will not be so great if you can repay at different time points on average.
3、 Take the initiative to confess with your family, and long live understanding
Breaking the address book is one of the key techniques for collecting money, so that all the relatives and friends around the debtor know that he is a person who still owes money. Many people will pay back the money because they can't bear the advice of others. After all, life is still alive, so it's important to save face.
Therefore, it is suggested that we should take the initiative to confess to our family members first, so that they can be prepared and strive for their forgiveness. After all, family support is the most warm force when encountering difficulties.
Precautions for online lending
Note that there is no need to pay a deposit. Formal loan institutions do not charge any fees before lending, but repay on schedule after entering the loan cycle. We must choose a formal lending institution, especially online lending. Although it is called small amount, it is also a loan. All loans, whether bank loans or private loans, need you to have the ability to repay.
The amount and term of the loan should be reasonably selected. The amount of the loan depends on the individual's capital needs. On this premise, it is necessary to consider my economic repayment ability to avoid excessive repayment amount and pressure.
Make sure to repay on time. A good credit record will benefit people for life in today's increasingly financial penetration into people's lives. Now many banks have launched personal credit loans, relying only on credit, without collateral. This kind of timely and high limit loan is very popular, but the demand for credit is very high.
