5 1 It doesn't cost you credit information, but there will be penalty interest for overdue repayment. The longer the time, the more penalty interest, and the heavier the repayment burden in the later period. After overdue repayment, the platform will also make dunning. A common method in collection is to call a friend in the borrower's address book and ask him to urge you to repay. This collection method is to explode the address book.

When I give you a loan at 5 1, I must pay attention to the interest it charges. If the interest charged is too much, I will borrow carefully at this time to avoid not being able to return it on time in the future. At the same time, think about what income you will use to repay the loan in advance, so you don't have to worry about overdue repayment after borrowing money.

At present, there are many platforms that can borrow money online. If the borrower thinks that the loan interest of 5 1 is relatively high, then he can consider other lending platforms and choose one with low loan interest by comparison, so that he can spend less interest after borrowing, which is conducive to the subsequent repayment of arrears.

When choosing a platform, you should also choose a regular one. At present, the well-known platforms include Ant Lending, Online Business Lending, Baidu Qianhua, Micro-loan, JD.COM Gold Bar, etc. Users can borrow money through these channels, but the loan amount and conditions of different platforms are different.