If there are too many online loans to repay, users can apply to the online lending institution for negotiation repayment. If the negotiation application is successful, the lending institution will agree with the user on another repayment time and amount, and then the user can run the repayment according to the agreement. During the repayment period, the second overdue negotiation is invalid. If negotiation on repayment fails, users can make their own repayment plans, give priority to repayment of loans with credit information, and then repay loans without credit information.
The loan amount of most online loans is not too high, and when users apply for multiple online loans, the total amount of loans will increase greatly, so the repayment pressure of users is very great. After returning all the loan arrears, users must predict their future repayment ability when applying for loans again, and try not to apply for loans beyond their repayment ability.
As for the lack of repayment ability, you can pay off the loan first for credit investigation. As for the credit loan, you can pay it back slowly. Even if credit information is collected from loans overdue, it will not affect personal credit information.
What if the online loan is unable to repay?
Legal subjectivity:
Non-repayment of online loans can be handled in the following ways: 1, apply for installment or extension. It is also negotiable, indicating your good willingness to repay and applying to the lending institution for installment or extension, compared with the risk of not paying back at all. 2. Ask relatives and friends for help. If you really can't afford it, you can ask your relatives and friends for help. 3. Submit the credit report first. If you owe money to more than one company, you can find out which one is on credit, pay off the credit first, and then negotiate the others.
Legal objectivity:
Article 577 of the Civil Code of People's Republic of China (PRC), if one party fails to perform the contractual obligations or the performance of the contractual obligations does not conform to the agreement, it shall bear the liabilities for breach of contract such as continuing to perform, taking remedial measures or compensating for losses. Article 578 of the General Principles of the Civil Law of People's Republic of China (PRC) * * * If one party explicitly expresses or indicates by its own behavior that it will not perform its contractual obligations, the other party may require it to bear the liability for breach of contract before the expiration of the performance period.
What should I do if I can't afford online loans? what can I do?
Treatment method:
1. Take the initiative to contact the platform after making up the arrears; Not all overdue records will be immediately displayed in the personal credit report. Some platforms will have a few days of tolerance, and some platforms will report overdue records to the central bank's credit information center next month. Therefore, once they are found overdue, they should contact the online lending platform as soon as possible to try to solve the problem before reporting;
2. For loans with interest exceeding the specified amount, choose a legal treatment method: according to national regulations, the comprehensive interest rate of any loan cannot exceed 36%. Therefore, if the user's loan exceeds the specified amount, he can protect himself through legal means, and the user who exceeds the specified amount does not need to return it.
3. Find ways to raise funds. You can borrow money from relatives and friends. If you can't borrow money, those who are not unemployed will go to work with peace of mind, and those who are unemployed will actively look for jobs or find good ways to make money, but don't take the road of breaking the law and committing crimes. Online lending is not urgent. The state will protect your personal safety from infringement.
4. Return your own funds reasonably for repayment: As long as users have a certain income, they can gradually repay their loans by returning part of their loans every month. Users should also have a reasonable plan when repaying money. First of all, they should plan loans with higher interest rates, and then repay them with greater economic pressure.
Extended data
Although many online loans do not go to the central bank for credit information, it will affect the big data of online loans. Once it is affected by risk control, it is still very big. If you want to cancel the online loan risk control, it is best to pay off all the arrears. If you are suspected, you can appeal and negotiate, and only repay the principal and legitimate interest. In addition, don't apply for online loans within six months, and don't borrow them again.
Although many domestic online lending platforms have achieved credit docking, there are still some platforms that do not. So many people think that it won't have much impact after borrowing it. Actually, it is not. The consequences of overdue online loans that do not receive credit information are very serious.
If it is a bad record on the personal credit report of the central bank, then this record has a time limit, and the bad information is retained for 5 years from the date of termination of the bad behavior or event. It should be noted that this five-year period starts from the actual repayment date, not the repayment date, that is, after the loan is paid off, the overdue records of more than five years will be automatically eliminated.
According to the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident.
All card-issuing banks are required to upload customers' consumption and repayment records on a regular basis and cannot tamper with them. Banks don't make any bad reviews, but only truthfully feed back the history.
Coup to owe online loans and not pay them back.
Online lending is a private lending, so it is only a civil issue and will not bear criminal responsibility. If you owe an online loan, the loan platform will generally collect it first, and then let you repay it.
One: if the loan is not repaid, it will be postponed after the loan expires; Money has not been tight; If you don't pay your debts, the applicant will bear certain consequences!
Second, peer-to-peer lending, mbth is Internetlending, and p2p online lending is short for peer-to-peer lending, including personal peer-to-peer lending and commercial peer-to-peer lending. P2P online lending refers to direct lending between individuals through the Internet platform. It is a sub-category of the Internet finance (ITFIN) industry. In 20 12, the number of online lending platforms in China increased rapidly, with about 350 active platforms so far, and the total number reached 3,054 by the end of April 20 15.
Third, from 2065438 to September 2009, the Leading Group for Special Remediation of Internet Financial Risks and the Leading Group for Special Remediation of Online Loan Risks jointly issued the Notice on Strengthening the Construction of P2P Online Credit Information System to support P2P online lending institutions in the camp to access the credit information system.
Fourth, the essence of internet finance still belongs to finance, and it has not changed the characteristics of financial risks such as concealment, contagiousness, extensiveness and suddenness. Strengthening the supervision of Internet finance is an inherent requirement to promote the healthy development of Internet finance.
Five: At the same time, Internet finance is a new thing and a new format. It is necessary to formulate a moderately loose regulatory policy to leave room and space for Internet financial innovation. By encouraging innovation, strengthening supervision and mutual support, we will promote the healthy development of Internet finance and better serve the real economy.
Six: Internet financial supervision should follow the principles of "legal supervision, moderate supervision, classified supervision, collaborative supervision and innovative supervision", scientifically and reasonably define the business boundaries and access conditions of various formats, implement regulatory responsibilities, clarify the risk bottom line, protect legal operations, and resolutely crack down on illegal activities.
Seven: peer-to-peer lending [including personal peer-to-peer lending (P2P peer-to-peer lending) and the Internet. Personal peer-to-peer lending refers to direct lending between individuals through the Internet platform. Direct lending on the personal peer-to-peer lending platform belongs to the category of private lending, which is regulated by laws and regulations such as the Contract Law, the General Principles of the Civil Law and relevant judicial interpretations of the Supreme People's Congress.
Network refers to the Internet provided to customers by Internet companies through companies controlled by them. The network should abide by the existing company supervision regulations, give full play to the advantages of online loans, and strive to reduce the financing costs of customers. P2P loan business is supervised by China Banking Regulatory Commission.
Nine: Online credit originated in Britain, and then developed to the United States, Germany and other countries. Its typical model is that online credit companies provide a platform for borrowers and borrowers to bid freely and reach a deal. In the traditional P2P model, the online lending platform only provides information exchange, information value appraisal and other services to facilitate the completion of the transaction, and does not participate in the interest chain of lending. Creditors and borrowers directly have a creditor-debtor relationship.
Ten: the online lending platform maintains its operation by charging a certain fee to both borrowers and lenders. In China, because the citizen credit system is not standardized, it is difficult for the traditional P2P model to protect the interests of investors. Once overdue, investors will lose everything.
What if the online loan is not repaid?
1. Apply for installment or extension.
It is negotiable to show a good willingness to repay and apply to the lending institution for installment or extension, compared with the risk of not paying back at all.
Second, ask relatives and friends for help.
If you really can't afford it, you can ask your relatives and friends for help. After all, this kind of thing is not fun. I believe yamen can understand and lend a helping hand to solve your temporary difficulties.
Third, the first credit.
If you owe money to more than one company, you can find out which company received the credit report at this time, return the credit report first, and then negotiate with others.
Consequences of not repaying online loans:
1. Bear high overdue fees.
For overdue fees, different online lending platforms have different names and different charging standards. Whether it is called overdue penalty interest, overdue management or other various names, the charging standard is very high. It is not uncommon for college students to borrow thousands of dollars from the campus loan platform and not pay back tens of thousands of dollars for several months. Therefore, those who have the ability to repay on time should never be overdue. Of course, those who don't care about "that little money" can feel at ease.
2. Undertake the fancy collection of the platform.
The collection is generally divided into three stages: the first stage, just a few days after the overdue, the platform customer service MM will gently remind you that it is overdue, please repay it on time; In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that the threat of overdue will face serious consequences; In the third stage, it was overdue for a long time, and the platform stopped trying to convince the other party and began to take practical actions.
3. Facing the crisis of national trust.
Now online lending platforms have established a blacklist system, and blacklist platforms have begun to communicate with each other. Borrowing on one platform is overdue, and it is very difficult to borrow on other platforms. In addition, online lending platforms will publicize blacklists through their own online channels such as WeChat and Weibo, and even on the big screens of railway stations and airports. Let the people all over the country know that these "old lai" borrow money and don't pay it back! Of course, ordinary borrowers will not go so far except those who owe money maliciously.
The credit report of China People's Bank is tainted.
At present, most online lending platforms have not been connected to PBOC's credit information system, but it has become an inevitable trend to connect to PBOC's credit information system. In the future, if the online lending platform fails to repay the loan within the time limit, it will be recorded in the credit information system of the People's Bank of China, just like bank loans and credit cards that are overdue, causing credit stains. If the previous consequence is only losing face, then the stain of credit information will affect real life, and there is no way to borrow money if you want to buy a house, no way to mortgage if you want to buy a car, and so on.