Detailed description:
1. Contact the bank: contact the loan bank immediately and explain to them in detail your overdue situation and reasons. Doing so can show your willingness to repay, and at the same time get the understanding and support of the bank.
2. Negotiate repayment plan: negotiate with the bank to make a feasible repayment plan. The plan should take into account your income, daily expenses and other debts. Cooperate with the bank to find a mutually acceptable repayment method to avoid further disputes.
3. Repayment on time: Repay in strict accordance with the date and amount specified in the repayment plan. Ensure that the arrears are returned on time and avoid being overdue again. In case of financial shortage, communicate with the bank in time to seek the possibility of delaying or adjusting repayment arrangements.
Summary:
After the mortgage is overdue, you should contact the loan bank as soon as possible to work out a repayment plan with it. Through communication and efforts with banks, we can solve overdue problems, ensure timely repayment and maintain personal credit records.
Extended data:
-Penalty interest: According to relevant Chinese laws and regulations, banks can charge a certain percentage of penalty interest for overdue loans. You can consult the bank or refer to relevant documents for the specific penalty standard.
-Cash flow difficulties: If you can't repay the loan on time due to short-term cash flow difficulties, you can consider seeking the help of relatives and friends, or try to apply for other loans to repay the mortgage. However, we should carefully assess the risks and pay off the excess loans in time.
-Impact on personal credit: Overdue mortgage loans will have a negative impact on personal credit records, which may lead to a decline in credit rating and affect future loan opportunities. Therefore, timely repayment is an important part of maintaining good credit.