How to negotiate a one-time principal repayment for an online loan

When negotiating a one-time principal repayment for an online loan, everyone must show their strong willingness to repay and have a good attitude. Set it right, and then agree with the other party on the specific repayment time, repayment amount, and repayment interest based on your actual situation.

During the negotiation process, most debtors always miss the point.

Currently there is no provision similar to Article 70 of the "Credit Card Commercial Bank Management Law" that regulates online lending institutions to provide consultation when borrowers are in real difficulty.

These are the two main reasons why online loan negotiation is difficult, but difficulty does not mean that there is no way. One of our friends gave us feedback on the entire process of his successful negotiation. How to negotiate repayment of an overdue online loan

1. Positive answer

If an online loan is overdue and unable to repay, it is recommended to proactively explain to the platform customer service that you are temporarily unable to repay. And prepare relevant materials to prove that you did not intentionally fail to repay the debt, and then try to apply for extending the repayment period and repaying the debt in installments.

2. Specific analysis

The platform should consider it as appropriate. If it can finally agree, then discuss with the platform a new repayment plan and then repay it in installments on time according to the new plan. That’s it. However, the platform is also likely to refuse, and if the negotiation fails, you will have to find another way, such as trying to borrow money from family and friends around you to repay it.

Everyone needs to pay attention to the fact that some online loans are not formal and may intentionally charge high interest rates. Once you find that the online loan you have borrowed has reached the standard of loan sharking, then for those who are beyond the reasonable range, You can actually choose not to repay the fee. If the platform keeps calling for payment, it can also collect relevant evidence and report it to the local Banking Regulatory Commission or China Internet Finance Association.

Online loan big data can reflect the true situation of online loans. If you have too many loans, it is recommended to take a good look at your credit data. Search: Beijian Quick Check, which can generate big data reports. Although there is a difference between the two, bank loans also pay attention to the big data credit situation in order to avoid personal inability to repay bad debts. Bad credit will affect many aspects of rights.

3. Tips for negotiating principal repayment of online business loans?

According to the official information provided by Wangshangdai, Wangshangdai does not support deferred repayment and cannot negotiate repayment. After applying for a loan, the lender must act in accordance with the content of the loan contract. After the loan is overdue, the lender will have to bear the consequences of credit damage and the pressure of penalty interest. The lender cannot negotiate to reduce or reduce the loan.

Penalty interest is originally a tool set up by lending institutions to deter lenders from overdue payments. If the lender can negotiate to only repay the principal, it will undoubtedly harm the interests of the lending institution, which is certainly something they cannot do. Things to accept.

So after applying for an online business loan, in order to avoid a series of consequences caused by overdue payments, the lender must maintain a good loan and repayment record, repay the loan in full and on time before the repayment date, and do not lose hope. Rely on the negotiated repayment after the overdue period.

The penalty interest generated by an overdue loan is often higher than the interest in the same period. The longer the loan is overdue, the greater the penalty interest pressure, which will gradually increase the lender's repayment pressure, so it is best for the lender to Don't go as far as overdue. How to negotiate a one-time repayment required by 360

The tips for negotiating repayment are as follows:

1. Sincerely and truthfully explain the overdue situation and current financial difficulties to the staff, and apply Delayed repayment and interest discounts, try to repay in installments. It is best to let the loan platform know that you have a good sense of repayment and attitude to solve the problem.

2. Actively provide feedback to the bank. You must answer collection calls. Don’t let the loan platform fail to contact people. Don’t deliberately avoid or be passive and perfunctory.

3. Don’t spread your bills in random installments, as this will only aggravate your debt. Regardless of whether the negotiation is successful or not, you should work hard to make money to repay the loan amount in the process. Even if you can't repay the full amount at the moment, you should try your best to repay some while making money, so that the bank can see its sincerity.

4. Strongly express your willingness to repay, and have a relatively clear repayment plan for the next two or three years to explain your repayment ideas. Remember not to rush to the loan platform to negotiate. If you are not adequately prepared, it will be difficult for the loan platform to approve you.

1. What to do when an individual encounters door-to-door collection:

1. Door-to-door collection is entrusted to a third-party company, and there are all kinds of people among them. After door-to-door collection, Try not to have a direct conflict with the debt collector, and try to negotiate with them for repayment.

2. When being called to your door for collection, it is recommended to use recording equipment. People in this field are very experienced. They will not abuse you, but they will irritate you. Don’t be angry at this time. Once you first If you do it, you lose. You can use a voice recorder to record some voice data on your phone.

3. When you come to collect money, be sure not to hand over the money to the collection staff. Repay it directly on the online loan platform. Many collection staff may pocket the money themselves when they receive the repayment. Never give it to them directly to avoid unnecessary trouble.

2. The impact of overdue loans:

First, overdue repayment will affect personal credit. If a borrower borrows money from the bank and fails to repay it overdue, a bad credit record will be left on his or her personal credit report. In the future, it will be very difficult to apply for a credit card or loan. Most of them will be rejected, which will cause a lot of trouble to personal production and life.

Second, the most direct consequence of non-repayment of a credit loan is high penalty interest, and you may also be required to pay a certain amount of liquidated damages. Even the principal and interest add up to a large expense. The result of not repaying the loan on time will increase your financial pressure. The most effective way to negotiate repayment for online loans

1. The most effective way to negotiate repayment for online loans:

1. Actively negotiate and repay proactively

Don't wait for overdue online loan collection calls to come before you want to negotiate. You can take the initiative to contact customer service before it is overdue to negotiate repayment, give you a grace period or directly reduce the interest. If customer service disagrees, you can call more times.

2. Be sincere and sincere

When communicating with debt collectors, you need to be sincere and don’t just say that you have no money. They are tired of hearing this. After you can talk about the difficulties, express your good willingness to repay, list your repayment plan, explain that you have income from work and are working hard to raise money.

3. Act with reason and keep evidence

If there are irregularities in online loans, such as membership fees, review fees, etc., or there are violent collections, you can Keep relevant evidence, understand certain legal knowledge to negotiate, be careful with your words, and avoid verbal violence.

2. In addition to the above skills, you also need to pay attention to the following points:

1. You must answer the collection call. You must know that evasion is never an option. If you don’t answer the phone, they will harass you. Contact person, keep the phone accessible to facilitate negotiation.

2. If your address book has been exposed, don’t panic. You can send a message to Moments to indicate that your identity information has been leaked, and ignore it.

3. If someone contacts you pretending to be a debt collector, you can only repay the principal and ask you to make a private transfer. Do not believe it. No matter what the outcome of the negotiation is, do not make a private transfer.

4. If there are illegal collections, such as fake lawyer's letters, subpoenas, arrest warrants, etc., the other party will be in serious trouble, and you can call the police or file a complaint.

Extended information:

The consequences of overdue repayment of online loans:

1. Bear high overdue fees.

For overdue fees, different online loan platforms have different names and charging standards. Whether it’s called overdue penalty interest, overdue management, or other various names, the charging standards are very high. Therefore, if you are able to repay your loan on time, do not overdue it.

2. Accept the platform’s fancy debt collection methods.

Collection is generally divided into three stages: the first stage, just a few days overdue, the platform customer service MM whispers and warmly reminds you that it is overdue, please repay on time; the second stage, overdue For a long period of time, the platform customer service gave a serious warning, threatening to face serious consequences if the deadline is exceeded again; in the third stage, when the deadline is long overdue, the platform no longer offers good words and starts to take practical actions.

There are many types of actual actions, for example: the platform will push your debt information to your relatives and friends, making you lose face in your circle of friends; the platform will arrange for specialized collection personnel to come to collect collection, and face-to-face communication is required Account etc. Of course, these are relatively mild. Some platforms outsource debt collection and let specialized debt collection companies handle the debt collection. I believe borrowers are not willing to encounter the "violent debt collection" scandals reported some time ago by debt collection companies.

3. The People’s Bank of China’s credit report is stained.

Most online loan platforms have not yet been connected to the People’s Bank of China’s credit reporting system, but it has become an inevitable trend to connect to the People’s Bank of China’s credit reporting system. In the future, overdue loans on online loan platforms will be recorded in the People's Bank of China's credit reporting system just like overdue bank loans and credit cards, causing credit stains. If the previous consequences were just a loss of face, then the stain on your credit report will affect your real life. If you want to buy a house, you won’t be able to get a loan, if you want to buy a car, you won’t be able to get a mortgage, etc.

4. The defendant goes to court.

If the loan is overdue for a long time or deliberately fails to repay, and the limit exceeds 2,000, it can already constitute a crime of fraud, and there is a risk of being taken to court by the online loan platform. Once the court rules in favor of the online lending platform, the borrower will not only have to pay the required repayment, but also pay both parties’ litigation costs and huge fines, and may even face jail time.