If the online loan is overdue, you can t afford to pay it back, and what will happen if the online l

There will be no consequences for the loan money:

If there is really no ability to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

If the lending institution fails to perform the court judgment within the performance period after winning the lawsuit, it will apply to the court for enforcement;

When the court accepts the enforcement, it will inquire about the real estate, vehicles, ** and deposits in the name of the lender in accordance with the law;

If the lender has no property in his name that can be enforced and refuses to comply with the effective judgment of the court, negative information such as overdue repayment will be recorded in the individual's credit report, and he will be restricted from high consumption and entry and exit, and may even be subject to judicial detention.

Basically, there will be no impact, and you can repay the loan on time in the future.

Legal analysis: I will be subject to constant harassment and SMS collection. This situation cannot be avoided only if you are unable to repay the loan.

In order to recover the arrears, online lending platforms and collectors have adopted bombardment methods to make borrowers unbearable. Because the borrower has authorized the online loan platform to obtain his call records and address book information. Therefore, once the borrower fails to repay the loan on time, in addition to being harassed himself, even the contacts in his address book and call history will not be spared, and all of them will be harassed by the collectors.

The person being collected ps the borrower's **conduct**. This is also what makes many borrowers more scared and embarrassed. Because once this kind of **** goes out, it will have a very big impact on his reputation, and he won't even be able to see people.

There is also the possibility of prosecution. Although most of the online lending platforms are illegal loan shark platforms, there are still some platforms that choose to sue in order to recover the arrears. Regardless of whether these online lending platforms violate laws and regulations, the state protects the most basic principal.

That is to say, as long as the online lending platform sues the borrower for repayment of the principal, the state will support it, after all, it is natural and reasonable to repay debts. If the online lending platform sues and the court orders repayment, and the borrower is able to repay the loan but refuses to repay, the borrower will become a reliever. Of course, it is not so easy to be an old man, and the conditions are still very harsh.

If you don't enter, you need to be sued, and if the court decides, you won't pay back the money. Most online lending platforms are reluctant to sue, and borrowers simply want to repay but have no money to repay, so borrowers will hardly become old friends.

Legal basis: Article 201 of the Civil Code of the People's Republic of China Liability for loan default, if the lender fails to provide the loan on the agreed date and amount, causing losses to the borrower, it shall compensate for the losses. If the borrower fails to collect the loan on the agreed date and amount, it shall pay interest on the agreed date and amount.

1. Bear high overdue fees. For overdue fees, different online lending platforms have different names and different charging standards. Whether it's called overdue penalty interest, overdue management fee or something else, the fee is very high.

Therefore, if you have the ability to repay the loan on time, you should never overdue. 2. Bear the collection of various forms of the platform. Collection is generally divided into three stages:

In the first stage, just a few days after the deadline, the platform customer service will warmly remind you that you have been overdue, please repay on time; In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that it will face serious consequences if it is overdue; In the third stage, after a long time overdue, the platform will begin to take practical action. There are many kinds of practical actions, such as: the platform constantly pushes a large number of collection information to you and your relatives and friends, which seriously affects your daily work and life; The platform entrusts special collection personnel to collect door-to-door, face-to-face communication and accounting.

Some platforms outsource collection and have specialized collection companies carry out collection, and non-standard collection companies will adopt illegal "violent collection" methods, which seriously threaten the personal safety and property safety of the debtor.

What should I do if the online loan is overdue and cannot be repaid temporarily, the loan can be temporarily overdue, you can apply to the bank for a deferment of repayment, but only in the event of a major accident may agree to postpone the repayment, and the bank will not agree to postpone the repayment under normal circumstances. When the bank does not agree to postpone the repayment, you can use the following methods to explain the situation to your loved ones and borrow money; Or borrow from wealthy friends, which is more likely and efficient.

The first step is to sort out your loans, you need to figure out how much you borrow on the online loan platform, how much interest you borrow, whether there is a grace period for repayment after overdue, how to charge overdue fees, etc., and repay the loans with high interest and overdue fees before you can afford to do so.

The second step is to actively contact the loan platform and negotiate with the platform to see if the repayment can be deferred or repaid in more installments.

The third step is to look for help, you can confess to your family, or find good friends to support, don't use loans to support loans, relatives and friends do not need interest on loans, and there is not so much pressure to pay back. After the deadline, some platforms may call family members or friends, issue a statement in their circle of friends in advance, explain their situation to everyone, apologize for possible harassment, and don't let their social image be affected too much.

The money stubble is left behind, and the stalks are annoying, but they remember the neck, the neck, the attack, the twist, the slap, the bark, the cold comb.

In recent years, people's consumption concept has undergone great changes, especially young people, borrowing money for consumption has become a new trend, with the increase in people's demand for loans, there are more and more online loan platforms on the market, which provides more convenience for people to borrow money, but due to blind borrowing and overdue people are also more and more, if the online loan is overdue for the time being, what to do?

Whether it is a bank loan or an online loan, the borrower needs to fulfill his repayment obligations on time, of course, if the online loan platform has illegal behaviors such as cutting interest and usury, the borrower can refuse to repay, but if it is a formal online loan platform, then the arrears must be repaid on time

1. Stop borrowing to support loans and formulate a reasonable repayment plan. For this phenomenon, if you want to pay off the arrears as soon as possible, then you must stop taking out the loan in time, and then sort out your arrears clearly, and formulate a reasonable repayment plan according to your actual situation.

2. Take the initiative to contact the loan platform to negotiate repayment. If the borrower is unable to repay the loan, then there is no need to avoid the debt, it is recommended to take the initiative to contact the loan platform, express the willingness to repay with the institution, and the situation that he is temporarily unable to repay, and then negotiate with the lending institution to see if the repayment can be postponed or repaid in installments.

3. Borrow money from relatives and friends. If the online loan cannot be repaid temporarily, then it is recommended to borrow money from relatives and friends around you to pay off the online loan first, because after all, there is an interest fee for the overdue online loan, and the longer the loan interest will be, the more interest will be generated, so it is best to borrow money first to pay off the arrears of the online loan, after all, borrowing relatives does not need interest. In addition, the borrower himself needs to work hard, work hard to earn money, and then slowly repay the loan to relatives and friends.

Finally, I would like to remind you that although online loans are simple, you also need to borrow according to your actual repayment ability to avoid overdue repayment.

This answer is provided by Compo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. I hope you find this answer helpful.

Hello, first of all, overdue words will have an impact on your credit according to the length of time, serious overdue (more than 90 days) credit is a black account, before the overdue is not able to apply for any loan business, and secondly, overdue will produce liquidated damages, overdue interest and other additional costs, long-term overdue The last interest is greater than the principal is not a new thing, please be cautious.

If there is really no ability to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

At first, I will call your parents and relatives, and if you don't pay it back, you will start to go to the house to ask for it.

Follow me to do the project, it's not a problem for serious people to have a suite for half a year.

What should I do if the online loan is overdue and cannot be repaid temporarily?

A overdue loan is also known as an "overdue loan" or "overdue loan". It refers to the part of the loan that has not been repaid within the repayment period specified in the contract. From the date of overdue, transfer to the overdue loan account and indicate the words "overdue loan" at the beginning of the loan account.

In order to urge the loan unit to repay the overdue loan as soon as possible, 20% of the interest will be charged on the overdue part, and the national loan regulations stipulate that if the principal and interest cannot be repaid on time, the basic depreciation of the retained loan, the enterprise or the retained profit shall be returned, and the cost shall not be squeezed into the cost, and the tax or profit shall not be squeezed in.

Don't do the thing of demolishing the east wall and making up the west wall with loans, and use loans to support loans, and sooner or later it will be overdue. Not yet.

If the online loan is overdue and cannot be repaid, the borrower can apply to the lending institution for an extension or repayment in installments; If the lending institution agrees, the debtor can repay the loan in the manner and period agreed upon by the lender; If the lending institution does not agree, the borrower needs to repay the loan as soon as possible or bear the responsibility of repaying the principal, interest and overdue interest in accordance with the law.

[Legal basis].

Article 676 of the Civil Code.

If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or the relevant provisions of the state.

Article 678.

The borrower can apply to the lender for an extension before the expiration of the repayment period; If the lender agrees, it can be extended.

Article 120 of the Civil Procedure Law of the People's Republic of China.

A complaint shall be submitted to the people's court, and copies shall be submitted in accordance with the number of defendants.

Article 236.

The parties must perform on legally effective civil judgments and rulings. If one party refuses to perform, the other party may apply to the people's court for enforcement, or the adjudicator may transfer it to the enforcer for enforcement.

Article 244.

Where the person subject to enforcement fails to perform the obligations set forth in the legal documents in accordance with the enforcement notice, the people's court has the right to seal, seize, freeze, auction, or sell the part of the property that the person subject to enforcement shall perform the obligations of. However, the necessities of life for the person subject to enforcement and the family members they support shall be retained.

Legal Analysis: How to deal with the money owed to the online loan and can't pay it back:

1. First of all, we must let the other party know that we will pay back the money, and the voucher must be kept complete, no matter what the relationship between the other party and us, we should write an IOU, if the amount is large, the two parties will sign a loan contract, agree on the repayment period of the loan amount, interest calculation and default consequences. to give the other person a sense of trust and show that they are not not paying back.

2. If the repayment deadline has come and you have no money to repay, this is to negotiate with the borrower to see if you can delay for a while, and give the guarantee on the note or the text message can be, and if you have money at the interval, you must pay it back to the other party.

3. Negotiate with the other party, if the amount is large and we cannot pay it off at one time, we have to communicate with the other party, both parties should value harmony, and can pay off the debts owed through some installment repayment methods, so as to avoid the other party suing themselves in the court, so as not to cause some unnecessary troubles in life.

Legal basis: "Criminal Law of the People's Republic of China" Article 266: The crime of fraud refers to the use of fabricated facts or methods to conceal the truth for the purpose of illegal possession to defraud a relatively large amount of public or private property. The object of the crime of fraud is not to defraud other illegal benefits.

Loans from financial institutions should also be excluded.

Apply for an extension.

If the borrower is unable to repay the loan principal on time due to temporary cash flow difficulties during the loan period, and meets the conditions stipulated in the extension period, it can generally apply to the lending institution for an extension 30 working days in advance.

Pay in installments with a credit card.

However, the lender needs to bear the installment processing fee.

Borrow money from friends and family.

It is best to repay it on time, this kind of favor loan must be easy to borrow and repay, and it is not difficult to borrow again.

Earn money well and spend reasonably.

If you don't borrow money, you will never be overdue, so you should still work hard to earn money and spend reasonably within your ability, in the final analysis, this is the fundamental way to solve overdue.

Then don't pay it back, except for being harassed, there's nothing to do.

Brother, me too, what do you say, I also want to be reckless, please tell me!! Urgent.

How much is the interest rate of an online loan legitimate? China's "General Principles of Civil Law" stipulates that the interest rate of private lending can be appropriately higher than that of bank lending, but not higher than 4 times of the interest rate of bank loans, otherwise it will be deemed to be usury, and the safety of investors' funds will not be protected by law.

According to Article 211 of the Contract Law:

Where the loan contract between natural persons stipulates the payment of interest, the interest rate of the loan shall not violate the provisions of the State on restricting the interest rate on borrowing." In other words, the interest rate of the online loan cannot exceed 4 times the interest rate of the bank loan in the same period.

The principal is 15,000, and 26,000 will be repaid in two years, which has exceeded the relevant regulations.