First of all, answer directly.
If the online loan is overdue, you must communicate with the lending institution in time to see if you can apply for deferred repayment or reduce some penalty interest, and you need to actively communicate with the platform.
Second, the specific analysis
Of course, you can also borrow money from relatives and friends, and pay back the overdue loan first, so as to avoid further expansion of overdue influence.
After the online loan is overdue, you need to bear the following consequences.
1, credit will be hurt.
2. It will be collected by the platform.
3. Penalty interest will be calculated.
4. The loan amount will be reduced.
5. The loan amount may be frozen.
6. Affect other loan applications.
7. Occupation is affected by credit information damage.
8. Will be blacklisted.
9. Affect children's further education.
10, unable to enjoy preferential loan policy.
It can be seen that loans overdue has a great influence on loans. After the loan application is successful, you should still remember to repay it on time.
Don't pin your hopes on deferred repayment or negotiated repayment, because some lending institutions don't support it.
Before formally applying for online loans, you need to carefully consider your own economic strength and borrow reasonably on the premise that your income can cover your loan expenses.
You can get the online loan big data report from the platform of "Xiaoqi Credit Information", which contains information such as online loan history, overdue details of online loans, liabilities, untrustworthy information, and online loan blacklist.
Third, how to negotiate if the online loan is unable to repay after the deadline?
If the online loan cannot be repaid within the time limit, it is recommended to take the initiative to explain to the platform customer service that you are temporarily unable to repay, and prepare relevant materials to prove that you did not intentionally repay, and then try to apply for an extension of the repayment period and repayment by installments.
The platform should be considered as appropriate. If it finally agrees, it can negotiate a new repayment plan with the platform, and then repay in installments on time according to the new plan.
However, the platform may also refuse. If negotiation fails, we can only find another way, such as trying to borrow money from family and friends around us.
What everyone needs to pay attention to is that some online loans are informal and may be deliberately charging high interest. Once you find that your online loan has reached the standard of usury, you can actually choose not to pay back the fees beyond a reasonable range.
If the platform keeps dunning, it can also collect relevant evidence and report it to the local CBRC or China Internet Finance Association.
How to deal with online loan collection?
The most useful thing to reply to online loan collection is that I repay the loan. I suggest that you actively repay the loan after the online loan, and don't overdue it. Overdue will have a great impact on your and your family's future life.
1. How much interest is legal for online loans?
In recent years, there have been a lot of negative news about P2P lending. In the eyes of most people, online lending is almost equal to usury. This kind of cognition also hurts the formal online lending platform. Whether the online loan is legal or not mainly depends on whether the interest exceeds the legal red line. With regard to loan interest, China's General Principles of the Civil Law stipulates that the interest rate of private lending can be appropriately higher than that of bank lending, but not higher than four times that of bank lending, otherwise it will be regarded as usury. Even if it is recognized as usury, the lender's principal is still protected by law, and the principal can be repaid, and the interest exceeding the national standard should never be repaid.
Second, how to collect online loans:
After the online loan collection call is finished, overseas visit collection is the most direct. After the telephone collection is unsuccessful, the P2P platform staff will receive the most direct overseas call. As far as overseas collection is concerned, it is mainly to make up for the shortage of telephone collection. On the basis of telephone collection, visit overseas borrowers on the spot to improve telephone collection and form a three-dimensional sense of depression. Visiting abroad for collection should not only visit the borrower himself, but also visit his relatives and neighbors to understand the situation and urge him to repay the loan. Overseas collection is a very direct and effective collection method, which is now being adopted by many financial institutions.
In summary, even if the online loan is not credit, the bad record will remain in the online loan big data. Online lending big data is a third-party credit inquiry system for lending institutions, which uses big data technology to integrate loan records of various online lending platforms. Get the online loan big data report from the official account of Li You Data WeChat, including online loan history, overdue details of online loans, liabilities, untrustworthy information, online loan blacklist and other information.
What should I do if I owe 80,000 online loans and am urged to pay?
Everyone knows that owing money is a particularly bad behavior, especially now many young people will choose to borrow money online. If you already owe a loan of 80,000 yuan, and you are called to make a dunning, what should you do at this time?
1. Repayment shall be made within the specified time.
This situation is actually a bad behavior, and you did borrow money online, so you must bear the corresponding repayment obligation, but now you have not repaid, so the relevant institutions and platforms will keep calling to urge you to repay. In fact, this is your own problem, because if you have repaid the loan according to the stipulated time, the relevant institutions will not keep urging you, so you must repay the loan according to the stipulated time.
Second, borrow money from friends.
If you borrow a lot of money online, but you haven't paid it back in a fixed time at this time, then the relevant debt collection company will find many people to call you, in order to put pressure on you, and then let you pay back the money. If no one really pays back the money, we must find a way to pay it back first. After all, you can borrow money online. In fact, it is the same as a real lending institution. If you don't repay the loan on time, your credit may be affected accordingly, and if you don't lend on the formal platform, your personal safety may be threatened, so everyone must pay back the money as soon as possible, and you can borrow some money from friends around you.
Third, the alarm processing
If you don't lend on the formal network platform alone, you may encounter many problems and troubles in the follow-up. If you really don't want to endure this kind of torture, you can also choose to call the police and pay back the money, so that you won't suffer such a debt collection call again.
What should I do if I encounter online loan dunning?
In case of online loan dunning, customers should actively communicate, minimize the impact of overdue as much as possible, and strive for more conditions conducive to repayment. If the loan is called for, it is generally the reason why the customer fails to pay off the loan in time after applying for the loan.
After network loans overdue, customers will definitely be in arrears by lending institutions. After all, lending institutions should also safeguard their rights and interests. In addition, the customer will have to bear the following overdue consequences after loans overdue.
1, credit will be hurt.
2. Affect children's further education.
3. There will be penalty interest.
4. The loan amount will be reduced.
5. The loan amount may be frozen.
6. Affect other loan applications.
7. Occupation is affected by credit information damage.
8. Will be blacklisted.
9. Unable to enjoy preferential loan policy.
10, malicious overdue may be prosecuted.
Therefore, after customers apply for online loans, it is best not to overdue. Even if you really don't repay, you should actively communicate with the online lending platform, strive for more favorable conditions for its repayment as much as possible, and minimize the impact of overdue.