If you don't pay back the treasure for two years, you will have a high overdue penalty interest. If you want to repay, you can call the platform customer service hotline, and then apply for the reduction of overdue penalty interest. Under normal circumstances, the platform will agree to recover the money. When applying, it is best to explain your financial difficulties and gain the understanding of the platform. After reducing the penalty interest, the arrears can be returned.

Former Internet and financial industry veterans such as Baidu, Jiji.com and Minsheng Bank founded Qian Bao APP. At the time of application, different users get different credit lines, up to 30,000 yuan. The loan can be repaid in three installments, six installments, nine installments and 12 installments, and can be repaid in advance after the loan is completed.

Qian Bao APP is mainly aimed at young white-collar workers and blue-collar workers. The platform adopts the Internet big data mode, and the machine automatically audits and quickly approves funds. However, when borrowing money, you should measure your repayment ability to avoid late repayment, and you can borrow money with confidence when your income is relatively high.

Users can compare different platforms when applying for loans online, so as to know the interest charged by different platforms on loans, and then choose the one with low interest. It is worth mentioning that we must choose a formal platform and avoid borrowing from it.

Version information: Take Qian Bao version 5.4.2, Apple13 (iOS15.4.1system) and Huawei mate40(HarmonyOS2 system) as examples.