2. For loans with interest exceeding the specified amount, choose legal treatment: according to the national regulations, the comprehensive interest rate of any loan cannot exceed 36%, so if the user's loan exceeds the specified amount, he can protect himself through legal means, and the user who exceeds the specified amount does not need to return it;
3. Find ways to raise funds: You can borrow money from friends and relatives. If you can't borrow money, comrades who are not unemployed will go to work with peace of mind, and those who are unemployed will actively look for jobs or find good ways to make money, but don't take the road of breaking the law and committing crimes. Online lending is not urgent. The state will protect your personal safety from infringement;
4. Return your own funds reasonably for repayment: As long as users have a certain income, they can gradually repay their loans by returning part of their loans every month. Users should also have a reasonable plan when repaying money. First of all, they should plan loans with higher interest rates, and then repay them with greater economic pressure.
What are the consequences of owing money on online loans?
1, high interest and corresponding liquidated damages.
2. Credit will be damaged, which will affect future credit card applications and loans.
3. If the online lending institution brings a lawsuit to the court for repayment, and the court decides that the borrower still refuses to implement it after repayment, it may apply for compulsory execution.
Warm reminder: it is only natural to pay back debts. Whether you are in financial difficulties or not, you must pay it back. If you owe a lot of online loans, the best way is not to pay them back after the deadline, but to pay them off as soon as possible, which can reduce expenses. The above methods are the best way to deal with excessive online loan arrears. People in need can refer to it!