1. Borrowing money for repayment: Ask relatives and friends for help and borrow money from them to pay off the online loan. This can avoid the accumulation of interest and give yourself some time to solve financial problems.
2. Negotiate with creditors: directly communicate with online loan companies or creditors, explain their predicament, and put forward the requirements of installment payment or deferred repayment. Some creditors may consider lowering interest rates or reducing some debts to help you.
3. Seek professional help: consult credit consulting institutions or financial experts for their advice and help. They can make a reasonable repayment plan for you and provide relevant financial advice to help you restore financial stability.
4. Increase income: find additional part-time or sideline jobs to increase income sources. This can save money and pay off debts faster.
Summary:
When there is no money to repay the loan, the key is to take the initiative to deal with the problem and communicate with creditors. At the same time, examine your own financial situation, take reasonable measures to increase revenue and reduce expenditure, and solve financial difficulties as soon as possible.
Extended information related to the problem:
-Basic database of personal credit information of China People's Bank: this database records personal credit information, including loan records and repayment. When handling online loans, this information may affect your future credit rating and lending ability.
-People's Republic of China (PRC) Contract Law: This law stipulates the rights and obligations of loan contracts, including the debtor's repayment responsibility and the protection of creditors' rights and interests. When negotiating with creditors, you can refer to this law to understand your rights and interests.