1. Face the reality: First, face your situation bravely. Make clear the debt situation and make repayment plan.
2. Seek professional help: consult financial experts or debt management agencies, who can provide you with appropriate advice and guidance to help you make an effective repayment plan.
3. Make a budget: review personal expenses, cut unnecessary consumption, and use the saved funds to pay off debts.
4. Negotiation with the lending institution: Contact the lending institution as soon as possible to explain the difficulties and ask it to provide flexible repayment methods, such as delaying repayment and reducing interest.
With the help of relatives and friends: If you have reliable relatives and friends, you can borrow money from them to pay off some debts. But please be sure to repay on time to avoid hurting our feelings.
6. Find additional sources of income: consider increasing working hours, doing part-time jobs or starting a business to get more income to pay off debts.
7. Communicate honestly with your family: Although it is not easy, consider being honest with your family. They may provide support and understanding to help you through the difficulties.
Summary: Facing the problem of online loan debt, it is the key to face the reality frankly and make a repayment plan. Seeking professional help, negotiating with lending institutions, cutting expenses, finding additional sources of income and communicating with family members are all effective solutions. Remember, taking early action can prevent the problem from getting worse.