If it is completely compulsory, you must change your mobile phone number to stop the collection, that is to say, you have to raise a new mobile phone number, because the new number has been authenticated for less than 6 months, which will be more troublesome in some aspects. After all, even if you apply for an online loan, you need a number with a real name of more than 6 months, and you have to communicate with friends and relatives to save the number. Some account bank cards need to be re-bound.

2. The boat of friendship capsized.

Once the borrower's address book is exposed, family and friends will be very painful and will be called every day. Many friends may alienate you, and your family will know the fact that you are in debt, so they will bear more psychological pressure.

3. Credit report

Now there are more and more licensed small loan companies. If there are banks, consumer finance, credit cards and licensed small loans in your compulsory online loan, then you must remember to repay. Credit information seems useless, and it can save a lot of money at a critical time. After all, buying a house still depends on bank loans.

Legal basis: Article 673 of the Civil Code of People's Republic of China (PRC). If the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.