1. Application for installment or extension: It shows that the individual has a good repayment intention and applies for installment or extension to the lending institution. This is negotiable compared with the risk of not paying back the money at all;

2. Ask for help from relatives and friends: If there is really no way to pay back, you can ask for help from relatives and friends;

3. Repay the loan first: If you owe money to more than one company, you can find out which one is on credit, repay the loan first, and negotiate with other non-credit companies.

The above is what to do if the online loan cannot be repaid.

Is it safe to borrow money online?

1. Look at the platform qualification: When choosing an online lending platform, you must choose a well-known formal service platform. A formal trading platform generally refers to the platform of a licensed financial institution. This platform is supervised by the China Banking Regulatory Commission, and it is safe and reliable to apply for loans;

2. Look at the loan interest rate: the state has a prescribed standard for the loan interest rate. The annual interest rate of the loan cannot exceed 36%. If it exceeds this value, it is an illegal interest rate. Countries that exceed the standard interest rate are not allowed. Users can not repay the loan interest rate that exceeds the standard.

3. Look at the loan term: online loans are often more and more popular. In addition to fast lending, installment repayment is also the key. Generally, the repayment period of formal loan platform is at least 6 months, while the borrowing period of informal loan platform is generally short, generally not more than 3 months.

Can I apply for a bank loan with an online loan?

If you have online loans, you can apply for bank loans. Of course, the premise is that the online loan is not overdue and the amount of online loan is not very large. If the online loan is overdue and the loan is received, then the bank will generally not give the user the opportunity to borrow again. If the online loan is not overdue, but the amount is relatively large, so that the personal household debt ratio exceeds the boundaries of the bank, the bank will also refuse the user loan. I have to admit that online loans also have a direct impact on the review of bank loans. Some banks stipulate that there can be no online loan under the user name. If there is an online loan, it needs to be shown in the personal credit report that it has been paid off for half a year. This article mainly writes about how to pay off online loans, and the content is for reference only.