Nowadays, many people are borrowing money in advance for consumption, and such consumption habits may have a great impact on themselves. Some people don't have good control ability, so the amount of loans will be more and more, too much, exceeding their repayment ability. What should I do? The following small series will introduce you. 1. What should I do if there are too many online loans? 1. Identify whether it is a regular platform. Let's see if the annual interest rate exceeds 36%. More than 36% is usury, which is not within the scope of legal protection. Therefore, the borrower can refuse to repay the interest generated by this situation, and the repayment amount and interest can be finally determined through legal procedures. 2. Find a friend to borrow money for repayment. When the platform is confirmed to be formal, the interest rate adopted is also reasonable. Then, if the user can't afford it, he can borrow money from his friends to return it. In order to avoid generating more interest for a long time. 3. Discuss with the online lending platform. If the online lending platform is formal, the borrower is sincere. This can be discussed with the online lending platform. The platform may give the borrower some interest relief or extend the loan period. 4. put an end to the bad habit of raising loans with loans. Many borrowers will encounter the situation that they can't pay back after borrowing money. Therefore, it will adopt the method of raising loans by loans. Obviously, this way will make the "hole" bigger and bigger. Therefore, once the online loan is not available, you must not raise the loan by loan. 5. Try to make money and repay the loan. There is still no online loan, and there is no shortcut. The borrower must work hard to make money and repay the loan. Otherwise, it will have a series of bad consequences. Second, what are the impacts of overdue online loans? 1. Impact on personal career For students whose online education loan is overdue for more than 90 consecutive days and the circumstances are serious, the bank will publish the ID number and overdue information in the media or notify the work unit. Banks will sue those who owe money maliciously or intentionally. If it is overdue for 90 days in a row and can be remedied in time and repaid on time, the credit level will not be greatly affected. 2. The court enforcement record will remain on the credit record of the central bank. From now on, it is impossible to apply for credit cards and loans, and anyone who needs loans from banks, financial institutions or microfinance companies. 3. It will become a credit blacklist. Some "Lao Lai" who deliberately default on their debts will be blacklisted. As a result, you can't take high-consumption places such as airplanes and high-speed rail. What is more serious is that children can't go to key schools, and there will be more penalties in the future. Three. The legal basis of online lending Article 667 of the Civil Law A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest. A loan contract shall be in written form, unless otherwise agreed between natural persons. Article 668 The contents of a loan contract generally include terms such as the type, currency, purpose, amount, interest rate, term and repayment method of the loan. When concluding a loan contract, the borrower shall provide true information on the business activities and financial status related to the loan as required by the lender. Article 669 Interest on a loan shall not be deducted from the principal in advance. If the interest is deducted from the principal in advance, the loan will be repaid according to the actual loan amount and the interest will be calculated. Article 670 Where the lender fails to provide the loan on the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. After the borrower borrows money from the lending institution, it needs to repay it according to the time and amount agreed in the contract. If it is impossible to repay in one lump sum, you can negotiate installment repayment to avoid collection by collection agencies and reduce the impact on yourself. I hope the above content can help you. If you have other legal problems, you can consult online.
Legal objectivity:
Article 678 of the Civil Code: Before the repayment period expires, the borrower may apply to the lender for extension; If the lender agrees, it can be extended. Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.