1. Sorting out debts: Check all loan contracts and related documents, and record the amount, interest rate, repayment period and other information of each debt.
2. Establish a budget and optimize expenses: formulate a detailed expenditure budget, cut unnecessary expenses, and concentrate on cleaning up high-interest debts. Saving money can help you save more money for repayment.
3. Negotiate with creditors: contact creditors as soon as possible, explain their plight, and put forward requirements for rescheduling repayment plans. Some creditors may be willing to extend the repayment period or lower the interest rate to reduce your financial burden.
4. Seek professional help: seek advice and guidance from credit consulting institutions or legal experts. They can give you specific advice according to your personal situation and help you make a suitable repayment plan.
5. Avoid new borrowing behavior: stop adding new debts and avoid borrowing new debts to repay old debts. This will only increase the financial burden and make the problem worse.
To sum up, in the face of unpayable online loan debt, the key is to take timely action and communicate with creditors. By optimizing expenditure, making budget, seeking advice and professional help, you can gradually solve this dilemma and ensure your own economic stability.
Related information: China's relevant policies and regulations provide some legal protection measures for personal debts, but the specific situation will vary from region to region. It is suggested to deal with the debt problem according to local laws and regulations and the actual situation.