1. Direct answer: You can choose to confess to your parents according to the following steps.
2. Detailed description:
A. Know your own situation: Before confessing to your parents, be sure to know your loan situation, including the amount and interest rate.
B. Make a plan: Make a repayment plan and show it to your parents to show that you have the will and ability to solve this problem.
C. Ask for help: If you can't repay the loan independently, please consider asking your parents for help or advice. They may give you a better solution.
D. Treat each other honestly: Choose the right time, tell your parents about your online loan sincerely and frankly, explain why you chose to do so, and promise to take positive actions to solve the problem.
E. Accept the reaction: Accept the feelings and reactions of parents, who may feel worried, angry or disappointed. Respect their feelings and show that you are willing to work together to find a solution.
3. Summary: It may not be easy to confess online loans to parents, but honesty and a positive attitude are the key. Showing willingness and plan to solve problems can increase their trust in you and find solutions together.
Extended data:
Understand People's Republic of China (PRC) Contract Law, Interim Measures for the Management of Business Activities of Personal-to-Personal Lending Information Intermediaries and other relevant Chinese laws and regulations, and better understand your rights and responsibilities in peer-to-peer lending.