1. Contact the credit union in time: Once the borrower finds loans overdue, he should contact the credit union immediately, explain the overdue reasons and express his willingness to repay. Credit society provides corresponding negotiation solutions according to the specific situation of borrowers.
2. Know the overdue situation: The borrower should know his overdue situation, including overdue amount, overdue interest and overdue penalty interest. The credit union will provide the borrower with an explanation of the overdue situation, and the borrower should read and understand it carefully.
3. Propose solutions: The borrower should propose feasible solutions according to his own actual situation. For example, you can apply for extending the repayment period, reducing the repayment amount and reducing overdue interest.
4. Signing an agreement: After both parties reach an agreement, they should sign a written agreement to clarify the specific content of the solution. This agreement shall be signed by both parties and sealed by the credit union.