The micro-loan of 360 miles is still not available. After borrowing money, users had better repay it on time. If you can't repay on time, you will have a penalty interest and the repayment burden of users will also increase. After the deadline, the platform will make dunning, and the common dunning method is to explode the address book, which will have an impact on personal reputation.

If the microfinance institutions in Rong360 are connected to the credit information center, loans overdue will be uploaded to the credit information center by the platform. After personal credit deteriorates, users will be refused to apply for loans again. When banks apply for credit cards or loans, they will also be rejected.

In order to avoid loans overdue, users had better know what income they will use to repay the loan before handling the loan. If individuals are unable to repay, they can borrow money from friends around them at this time, which can avoid overdue. However, in the case of a small loan amount, users can borrow directly from friends around them, which can avoid interest expenses.

After borrowing money online, interest is calculated on a daily basis, and there is generally no handling fee. After borrowing, the platform will generally provide different repayment periods for users to choose. At this time, users can choose the repayment cycle that suits them according to their income. When the income is long, they usually choose a shorter number of installments, so the interest paid is less.