Step 2: If you really can't repay the funds, you can also repay the loan principal and interest by means of physical mortgage. You can also improve your reputation by improving the guarantor;
Step 3: The contractual obligations can be transferred to the new assignee through debt transfer. The premise of this method is the existence of creditor's rights to others.
The debtor actively proposes solutions and reaches an agreement as soon as possible to avoid adding more unnecessary losses in the process of passive collection.
Legal basis: Article 675 of the Civil Code of People's Republic of China (PRC) stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.