1. What should I do if I lend a loan to a relative and the relative is unable to repay it?

You should choose to call the police. After all, you trust your relatives, so you will lend money to your relatives. If you are unable to repay during the period, you can only call the police.

2. If you use your ID card to give a loan to a relative, and the relative doesn’t repay it, what should I do to the bank?

If you don’t do it yourself, they can’t do it with your ID.

3. What to do if you are unable to repay the credit union loan

Applying for a loan from a rural credit cooperative is something that many people have done. Most people are able to repay the loan on time, but there are also A small number of people are unable to repay their debts on time due to various reasons, or are even unable to repay them. So what should they do in this situation?

What should they do if they are unable to repay their credit union loans?

When a credit union is indeed unable to repay a loan, it should proactively negotiate with the lending institution to extend the repayment period or repay it in installments. It is best to provide proof of your inability to repay, such as unemployment certificate, bankruptcy certificate, illness certificate, etc., so that the bank can consider it at its discretion and may agree to the lender's deferment of repayment, or develop a personalized repayment plan.

If the credit union fails to repay the loan and then ignores it, the bank will eventually sue. After winning the lawsuit, if the judgment is not fulfilled within the performance period, an application for enforcement will be made. When accepting enforcement, the property, vehicles, securities and deposits in the name of the lender will be inquired in accordance with the law.

If the lender has no executable property in his name and refuses to fulfill the effective judgment, negative information such as overdue repayment will be recorded in the personal credit report, and high consumption and entry and exit will be restricted, and there may even be May be subject to judicial custody.

When you find that you are unable to repay a credit union loan, you should actively find a way to solve it. After all, this cannot be solved by saying that you are unable to repay. You can borrow money from relatives and friends, repay part of it first, and then ask for a loan. The bank applies for an interest rate moratorium and then finds a way to pay off the debt.