First of all, the online loan treatment is not enough, and it is divided into three steps.
The first step is to stop all loans and seek the understanding and help of your family. First of all, don't use loans to support loans, which will only make online loans more and more, and all platforms will be overdue. Confess to your family and strive for their understanding and help.
The second step is to collect the rational reaction in the face of profiteering. Send a statement in the circle of friends in advance to explain that you are suffering from profiteering collection, apologize for the possible harassment of everyone, and suggest that you hang up these ridiculous phones, leave new ones for everyone, and reduce the use of old phone numbers.
The third step is to understand your dishonesty and try to repay the loan. Check your credit through the credit information center to find out which online loans have entered the credit information system and which ones have not, so as to give priority to repayment. More importantly, find a job and work hard to make money, negotiate with banks or lending institutions, extend the repayment period or return it in installments.
As for the consequences of non-repayment of online loans, it also depends on the specific situation. If the lending institution or bank sues in the court and wins, you will face the compulsory execution of the property, vehicles, securities and deposits under your name. If you borrow an online loan and don't pay it back maliciously, then this is a civil case and you will face detention. If you borrow 7 14 online loan, try to negotiate with the institution to lower the interest rate first. If it can't be reduced, then reflect the actual situation to some financial supervision departments, remember to submit evidence of their violations, and use the law to safeguard their rights and interests.
Second, this issue is viewed from a legal perspective.
In addition to stopping lending, it is ultimately important to consider how to go ashore after online lending. According to the nature of the website, the following analysis of the consequences of non-repayment of online loans.
The first category is formal online lending. Everyone is familiar with formal online loans, such as Alipay. The interest rate is slightly higher than that of banks or similar to that of banks, and all of them are qualified to lend. In the face of this part of the online loan not being repaid, the first thing to face is being collected; Secondly, the credit information will turn black; In the end, it may be confiscated or prosecuted at home.
The second category is informal online lending. This kind of online loan is very common, and its typical characteristics are high interest, upfront fee, membership fee, short loan period and terrible collection. At least 98% of cash loans are not compliant! IOUs, 7 14 micro loans, cash loans, etc. You can hardly find one that fully meets the national regulations. If this part of the online loan is not returned, the online loan company will lose a lot and there will be no other legal consequences!
The third category is formal in name but informal in fact. Usually online lending platforms, such as Nine X and Pai X, etc. Most of them belong to p2p, and claim to be compliant for qualification reasons. However, its actual operation is on the edge of the law, and there are irregularities in many places.