How to cancel the micro loan, my friend didn t pay the cost but now repays the monthly loan?

If you need to pay for it, you don't need to pay attention.

WeLoan is a pure online personal microcredit revolving consumer loan product launched by Tencent WeBank for WeChat users and mobile QQ users. WeLoan currently adopts an official invitation system, and invited users can see the "WeLoan Loan" entrance in the [QQ Wallet] of QQ on their mobile phone and the "WeChat Pay" on WeChat. For the time being, there is no other way to force the opening of WeLoan, and users are not supported to apply for opening.

As a formal loan, WeLoan does not charge any pre-loan fees. In addition, in the process of using WeLoan, except for loan interest and overdue penalty interest, WeLoan does not charge any other fees, and there is no handling fee for early repayment.

Therefore, once you encounter financial fraud by impersonating a formal loan company, charging fees on private social accounts, etc., you must be vigilant and not gullible.

If you are temporarily unable to open a micro loan, you can also consider other reliable big brands, such as Alipay Borrowing, Du Xiaoman Finance, etc. Youqianhua, formerly known as "Youqianhua", is a credit brand under Du Xiaoman Finance (formerly Finance), which provides users with safe, convenient, unsecured and unsecured credit services.

Du Xiaoman Finance will effectively implement the call of the state to support small and micro enterprises to tide over the difficulties, and its credit service brand has the money to spend to fully support the production and operation of small and micro enterprises. It is reported that seventy percent of the credit users of Du Xiaoman Finance are small and micro business owners. Up to now, Du Xiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of yuan in loans to small and micro business owners.

This is provided by Kangbo 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. Hope this helps.

Summary. The main reasons for the failure of the micro loan are: 1. The credit status of the loan customer is not good

WeLoan's loan customers may not have a good credit profile or have debts that make them unable to repay their loans on time. 2. Unfavorable supervision: If the policy is unfavorable to certain industries, or the policy restricts the access to loans, the customers of the micro loan may not be able to repay the loan.

3. Overdue performance of the loan customer: The loan customer of WeLoan may default on the loan due to some reasons, resulting in the inability to repay the loan in time. 4. The market environment is unfavorable

WeLoan's customers may be affected by market conditions, and if the market conditions are not conducive to business development, customers may not be able to repay their loans.

Why can't I repay my micro loan?

The main reasons for the repayment of WeLoan include: 1. Poor credit status of loan customers: The credit status of WeLoan's loan customers may not be very good, or they may have a lot of debts, so they cannot repay the loan on time.

2. Unfavorable supervision: If the policy is unfavorable to certain industries, or the policy restricts the access to loans, the customers of the micro loan may not be able to repay the loan. 3. Overdue performance of the loan customer Qiao pure liquid account:

The loan customer of WeLoan may default on the loan for some reason, resulting in the inability to repay the loan in a timely manner. 4. Unfavorable market environment: The customers of Micro Loan may be affected by the market environment, and if the market environment is not conducive to the development of the business, the loan customers may not be able to repay.

I'm going to repay the money in.

400-8888-888。You can also go to the official website of WeLoan (log in and enter "My Account", operate "Repayment", and follow the steps prompted to complete the repayment.

Micro loans require repayments, but they do not need to be repaid every month. If you do not apply for a loan after opening a micro loan, you naturally do not need to repay the loan. After borrowing, WeLoan supports borrowing and repaying at any time, and the interest is calculated on a daily basis, and you can choose to repay the borrowed money the next day, and the interest will be relatively reduced.

If you pay off the loan, you don't have to pay it back next month.

1. Characteristics of micro loans.

1. Small loans do not require mortgages and guarantees, nor do they need to submit any paper materials, which can better meet the needs of users with good credit for small loans.

2. The loan speed is fast, and the loan can be completed within one minute at the earliest. Microfinance relies on strict risk control rules and a complete technical support system to provide first-class services. The procedure is convenient and efficient, all the processes are completed on the mobile phone, and the loan can be received within 40 seconds at the earliest.

3. Borrow and repay at any time, and there is no handling fee for early repayment. Most traditional financial institutions require users to repay on the repayment date, and if users want to repay early, they need to apply and pay a processing fee. In addition to the regular default withholding repayment, the microloan also allows users to settle the loan at any time without any additional handling fees.

2. The amount and interest rate of micro loans.

The credit line of WeLoan to users is between 500 yuan and 300,000 yuan, which varies according to the comprehensive situation of the individual, and a single loan can be 500 yuan to 40,000 yuan. The daily interest rate of the small loan is 2 to 5 yuan, and the daily interest rate of 10,000 yuan is 2 to 5 yuan. The standard for charging overdue penalty interest for micro loans is to charge a penalty interest of 50% of the agreed interest rate on the overdue principal every day from the date of overdue until the overdue payment.

To sum up, WeLoan is a lending software that is fast and does not require any collateral, which is very friendly to users who need money urgently. After the loan is repaid, the loan can be repaid on the next day, and the interest rate is not high and the repayment can be made in advance, which is also the reason why the majority of users choose the micro loan. WeLoan is aimed at users of mobile QQ and WeChat, and can be found in both mobile wallets and WeChat wallets.

Normally, overdue microloans will have the following consequences:

1.Recorded in the credit report: If the credit is overdue, it will affect the personal credit report, and form a certain resistance to the borrower's future loan application and credit card application.

2.High penalty interest: After the micro loan is overdue, in addition to the normal interest, it is necessary to pay a high amount of overdue interest, and a penalty interest of 50% of the agreed interest rate will be charged on the overdue principal amount every day until it is overdue.

Overdue penalty interest = overdue principal x daily interest rate x 50% x number of overdue days.

Among the reliable big brands on the market, in addition to micro loans, Du Xiaoman Finance's money is also a good choice. The application for money is simple, the loan is fast, and the borrowing and repayment is flexible, and users can take the initiative to apply. The interest fee for money is transparent, the big brand is reliable, the interest rate is low, and the maximum borrowing amount is 200,000, which can meet the needs of most borrowers.

In addition to individual consumers, small and micro business owners who need start-up or working capital can also consider having money to spend, and Money is committed to providing accurate, convenient and efficient financial services for small and micro business owners.

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.

The credit information will show that it is overdue, which will have an impact on future housing loans, car loans, bank loans, and private loans-6 times the approval, it is a small loan, you can turn it around, don't overdue, it will have a great impact on the future.

If the loan is not repaid, it will affect the credit in the future.

If you don't pay it back, it will be very troublesome, and it will be even more difficult in the later stage of the credit investigation.

It will become a bank black account, and someone will come to collect it.