Because of the frequent borrowing too much easily lead to the emergence of multiple borrowing, so that credit (big data) become "flower", and if the name of the loan is not timely repayment, but also will lead to personal debt ratio rose quite high.
In this way, after the borrowing approval, the platform system will inevitably worry about the unstable economic life, the repayment ability is insufficient, may also refuse to approve the loan.
Therefore, it is recommended to have borrowed a lot of loans for the time being not to apply for a new loan, it is best to slow down for at least three months, and you can take advantage of this period of time will be the name of the debt to pay off.
The moment can not pay off, but also try to pay back some (repayment of attention must be in the stipulated period of time on time to pay back, never avoid late, or once overdue, resulting in personal credit damage, and then do not want to borrow money again).
Waiting for three months to pass, credit (big data) over the "flower" situation has improved and then go to borrowing is not too late.
Of course, subsequent borrowing should be careful to avoid too frequent.
If you're not sure about your online loan application, we recommend getting a big data report on Kingfisher Data. After checking your detailed borrowing history and confirming that your borrowing is correct, you should first pay off the full amount you owe, and then contact the customer service of the corresponding platform to deal with it. With these steps, you can better manage your borrowing records.
Expanded Information:
What to do if you're late on an illegitimate loan platform?
When an illegitimate lending platform is overdue, the user still needs to return the loan, because as soon as the lender lends the money, the loan contract comes into effect, and regardless of whether the lender itself is in violation of the law, the user must pay back the loan on time, and failure to pay back the money on time allows the lender to penalize the user with collections, additional penalty interest, and other penalties according to the agreement of the loan contract.
The lending platform is not legal, usually illegal to charge fees, the loan interest rate is not legal and does not have the qualification of lending, the user in the repayment of the loan, only need to return the interest within the legal range, beyond the legal range of interest, the user can not return.
As for illegal fees, users can apply to the lending institution for a refund of the relevant fees.
Not having the qualification of lending, the lending institution will naturally be penalized, but the user still needs to repay the loan according to the agreement of the loan contract.
When users apply for a loan, if the loan exists in the application process of illegal charges, cut-price interest, etc., the user can immediately terminate the loan application, so that there will be no subsequent loss.