95 188 overdue repayment can be negotiated?

Under normal circumstances, loans overdue, an online merchant, cannot negotiate repayment, but if he is willing to repay, he can choose to negotiate repayment. When you have no money to repay, you can take the initiative to call 95 188 to 3 (the service time is from 8: 00 am to 24: 00 pm), contact the customer service staff of the online merchant bank for consultation, and put forward an application for extending the repayment period and repaying in installments. However, whether the e-commerce loan agrees with you to negotiate repayment depends on the situation, because the other party will review and deal with you. Of course, in the process of negotiation, you must make your personal situation clear and explain that you are not maliciously overdue, but you are really unable to repay, and provide various materials to prove when necessary.

Extended information:

1, if it is overdue, it will face the following consequences:

[1] is not conducive to personal credit. The overdue records will be uploaded to the basic database of financial credit information of the Credit Information Center of the People's Bank of China, which will adversely affect personal credit;

[2] Charge overdue penalty interest. Loans overdue, an online merchant, charged a penalty of 65438+ 0.5 times the normal interest rate. That is, overdue interest = overdue bill amount (overdue principal plus interest) * interest rate * 1.5* overdue days (excluding the current day).

3 Set-oriented. Borrowers will be collected, and their normal life and work will be disturbed to a certain extent, which will affect the subsequent online business loans.

In short, it is difficult for online merchants to negotiate with online merchant banks to postpone repayment, so they can only raise repayment funds as soon as possible, otherwise they will face a penalty interest of 1.5 times the normal interest rate during the unpaid period and will be collected by online merchant banks. In addition, bad credit records will always be displayed in the credit report until the arrears are paid off, and can only be deleted after five years.

2. Within the performance period agreed in the loan contract, as long as the interest rate paid by the borrower does not violate the provisions of the People's Bank of China on the upper and lower limits of the loan interest rate of financial institutions, among which private lending is not higher than 4 times the bank loan interest rate, the overdue interest of overdue loans can be calculated according to the interest rate agreement. At the same time, quarterly interest settlement shall be adopted for loans within the performance period and overdue (short-term loans within one year may also be settled monthly), and the quarterly interest settlement date shall be the 20th day at the end of the quarter. If the borrower fails to pay the interest on time, the interest shall be calculated according to compound interest.