1. Communication with the borrower: First, actively communicate with the borrower, explain the reasons for their own financial difficulties, and apply for suspension of interest payment.
2. Provide necessary materials: prepare relevant supporting materials, such as income certificate, bank statement, etc. To support the application for suspension of interest payment.
3. Apply to the borrower for suspension of interest payment: submit a written application to the borrower, explaining the reasons for not being able to repay the loan on time and requesting suspension of interest and principal payment.
4. Negotiate with the borrower to make a plan: negotiate with the borrower to make a repayment plan to ensure that the arrears can be paid off gradually, and at the same time arrange the repayment time and amount reasonably.
5. Monitor the credit situation: pay attention to your comprehensive credit score, overdue information and sued status in time, and you can get online loan big data report through network data for understanding.
Summary: in the case that online loans are unable to repay, stopping interest payment is a solution. By communicating with the borrower and providing necessary materials, apply for cessation of interest, make repayment plans, reduce economic pressure and gradually repay debts. At the same time, it is also important to monitor personal credit in time.