Campus loan failure, can the platform be, where to repay the famous school loan if it goes bankrupt

It is recommended to choose formal banking channels to apply for loans, and here we recommend the online quick loan launched by the Agricultural Bank of China.

Netfast Loan refers to a small consumer loan issued by ABC in cash to individual customers of ABC who meet certain conditions, and is self-applied for, quickly received, automatically approved, and self-service.

2) The borrower understands the product situation, the basic conditions of the loan and the handling process.

3) Fill in the basic information, the term of the loan to be applied, the borrowing and repayment account, the mailing address, etc.

4) The system verifies the validity of the mobile phone number.

6) Confirm the loan information, the amount of the loan to be applied for, the purpose of the loan, etc.

If you need to apply for other loans, please refer to the loan page on the official website of our bank for details.

Although the famous school loan has been offline, it has not gone bankrupt, so it can still be repaid, and you can contact the staff of the famous school loan to repay it. But if you don't pay it back at this time, you may have other things to do. Problems with campus loans.

The famous school loan has not gone bankrupt, but it has been taken offline, and various campus loan products have been expressly banned. The interest is repayable under the current law, and the consulting fee can be repaid according to the law. According to the latest Supreme People's Court's "Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases", as long as the monthly interest does not exceed 3 cents (i.e., 30 cents), then the car code is not considered usury, if the principal of 20,000 yuan is borrowed in the famous school loan, in addition to the principal to be returned, if there is interest in the middle, such as interest of 14,308 yuan, it still needs to be repaid, if the so-called consulting fee (20% of the principal) is charged in the process, it should be returned.

However, the interest rate of this loan is still a bit high, so the pressure to repay is very high. Second, we must deal with the problem of debt in a timely manner, because there are many students who do not know much about the social situation when they first enter the school, and they do not know much about the financial situation, at this time they will be used by people with ulterior motives, and in such a situation, it will lead to a financial crisis for themselves, but in fact, for students, they can still alleviate it through their own efforts, after all, as long as they find a job, then they can always slowly accumulate finances, well, Therefore, at this time, it is necessary to continue to work hard, and only when the ability to make money is enhanced, then these debts can be carried out as soon as possible. Third, we must learn to establish a sense of financial management, in fact, there are many young people who have begun to manage money, for example, there are many young people investing in it, so parents can also properly instill some financial awareness in their children, so that children can better deal with their financial problems.

Even if the platform goes out of business, the borrower still needs to repay.

Important Tips: 1. Regardless of whether the loan of a prestigious school has gone bankrupt or not, for college students, they should not take out loans at will. If you really need money, then you can ask your parents and relatives for help.

For students who cannot afford to pay the tuition fees, they can apply for national student loans or student loans.

Loss type 2, you must not apply for those online loans that basically have no door to grasp the threshold in order to compare consumption. Some of these loans are very informal, not only with high interest rates, but also with violent collections.

4. Everyone must be extra careful with strangers who claim to be "famous school loan staff", so as not to be deceived of property and guess people's privacy information.

Campus loans are legal if they comply with the law, campus loans are a kind of loans, which belong to credit loans, and if they are obtained through formal channels, the interest is within the scope stipulated by the state, and they can be applied, that is to say, they are legal under normal circumstances. Campus loans that fall outside the scope of the law are not legal.

[Legal basis].

Article 26 of the Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases (2020 Amendment).

Where the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, except where the interest rate agreed upon by both parties exceeds four times the one-year loan market interest rate at the time of the conclusion of the contract.

The "one-year loan market ** interest rate" mentioned in the preceding paragraph refers to the one-year loan market ** interest rate authorized by the People's Bank of China to be released monthly by the National Interbank Lending Center from August 20, 2019.

News on April 18 On April 18, Famous School Loan announced that it would suspend the new campus loan online loan business on July 1. With the tightening of supervision, a number of platforms focusing on campus loans have successively announced their transformation or withdrawal.

The frequent occurrence of events such as "naked strips" and "violent collection" has accelerated the implementation of regulatory policies, and under the high pressure of supervision, many platforms, including famous school loans, have announced their withdrawal from the campus loan market. In September 2016, Qudian Group (Qudian Installment) announced that it would suspend its campus promotion business and withdraw from the campus installment market; At the beginning of October, Yibao Loan announced its withdrawal from the campus loan market, and subsequently, I Loan also officially closed the channel for students to apply for loans. According to the data of the online loan home, as of the end of February 2017, a total of 74 Internet financial platforms across the country carried out "campus loans" business, mainly consumer installment platforms and P2P online loan platforms, a decrease of 47 from the peak in 2015, of which 45 platforms voluntarily withdrew from the market in 2016 alone.

A few days ago, the China Banking Regulatory Commission (CBRC) issued the "Guiding Opinions on Risk Prevention and Control in the Banking Industry", which clearly requires that the focus be on the clean-up and rectification of campus online loans, and once again increase the supervision of campus loans. After withdrawing from the campus loan market, the platforms have transformed into other businesses. In April 2016, Installment announced that its installment consumption service was open to white-collar workers; In August 2016, Youcheng established Hechuang Financial Services Group to enter the non-campus consumer finance business; On September 5, 2016, Fun Installment announced the suspension of the campus installment market; On September 27, 2016, Elite School Loan also announced its entry into the white-collar market.

Legal analysis: 1. Explain the reasons to the lending institution and apply for an extension.

For example, the cardholder in the community only borrowed a few thousand yuan, if it was borrowed for 12 months, there was no problem with repaying a few hundred yuan a month, but due to the temporary situation, the funds on hand could not keep up, and it was really not repaid, so it was a good way to use time to solve the problem.

This cardholder can explain the reason to the lender, actively indicate your willingness to repay the debt, and apply for an extension to 18 or 24 installments, so that the monthly repayment pressure will be reduced by half or even doubled. After all, I have a job, and I can pay it off after all.

For the lending institutions, they are also people, and they will generally be accommodating in this temporary situation, and they will also consider this option compared to the danger of not being able to recover the money. However, it should be noted that the application for extension cannot be used frequently, it is limited to temporary emergencies, or it is easy to be registered by the lending institution, which will affect future loans.

2. Seek help from relatives and friends.

If some cardholders apply for a repayment extension and are rejected, they must not think that they will not pay it back. Generally, when you find that the repayment problem is something that cannot be solved by one person, then you have to turn to relatives and friends around you.

Like many college students on the Internet, when their income is unstable, they still use small loans with higher interest rates to consume in installments, resulting in ignoring them if they can't pay off in the later period. Not only was he fined for overdue profits, but he was also collected by a small company, and his relatives and friends were beaten, and in the end, relatives and friends helped them repay the money and deal with the aftermath, but they still left credit problems.

If these people do not ignore the difficulties but seek help from their friends, they will not only end up with less money, but also keep their credit problems.

3. Find a guarantor to guarantee.

Although this method is rare, if you can't afford it anytime soon, you can give it a try. The specific way is to find a guarantor with good credit information, guarantee to the lending institution, give you a repayment window period, and start repaying the money at a certain time in the future.

This method can make there is no repayment pressure in the near future, but the long-term repayment pressure is relatively large, and it is more suitable for those borrowers who have a relatively strong repayment ability in the future. However, this situation has a greater impact on the guarantor, and if the borrower is still unable to repay the money by then, the guarantor will have to bear the repayment and credit risk. So if you have friends who want to vouch for you, it is advisable to think twice.

Legal basis: Civil Code of the People's Republic of China

Article 667 A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Article 680:Usurious lending is prohibited, and the interest rate on loans must not violate the relevant provisions of the State. If there is no agreement on the payment of interest in the loan contract, it shall be deemed to have no interest. If the loan contract is not clear about the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined in accordance with factors such as the local area or the parties' transaction methods, trading habits, and market interest rates; Where natural persons borrow money between themselves, it is deemed that there is no interest.

When the loan is temporarily repaid, it should actively communicate and negotiate with the creditor to obtain understanding. However, for some illegal campus consumer loans, the legal principal and interest should be actively repaid, and the illegal part can be refused. If you encounter a profiteering, you should immediately report to the police.

[Legal basis].

Article 26 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases.

Nowadays, there are many college students who like to buy some luxury goods, and they also think that these luxury goods can make them meet better people. Therefore, the vast majority of college students will borrow Alipay's Huabei, or apply for some campus loans, which is a very dangerous thing, and in 2020, our country has made it clear that Huabei cannot be open to college students. College students do not have any financial income, and all expenses are given by their parents.

Don't borrow at will, so in this case, college students do not have a fixed income, and it is impossible to repay the loan on the network in time, therefore, it is recommended that the vast majority of college students do not choose campus loans, which is a very dangerous thing, and some college students ask for help on the Internet, saying that they can't afford the campus loan, what should I do? There is no way to do this, and you can only return it slowly, or tell your parents the truth of the matter, and let your parents help you return it, but the vast majority of college students are afraid that their parents will insult them, so they dare not tell their parents.

Don't spend too far ahead of your budgetAs an adult, I know how dangerous the campus is, but there are still people who borrow campus loans, so I know whether I have the ability to repay. Most people should think about whether they can repay the money before borrowing money, in fact, everyone has a rough spectrum in their hearts about their monthly expenses and income. A college student is a student in school, and it is absolutely impossible to have a fixed economic income.

So borrowing money on the Internet, or borrowing a campus loan in real life, is a very dangerous thing.

Work with your parents to solve the problem of not being able to repay the campus loan, then tell your parents the truth, let your parents help you repay it, and promise your parents that you will return the money to your parents in the future. If parents don't help them repay the campus loan, then there will definitely be problems with their credit information, and I hope that all people must think carefully before borrowing money.

If you can't afford it, you can apply for installment repayment or deferred repayment, which can also reduce some pressure, and you can pay it back slowly, but you definitely can't not pay it back.

You should inform your parents of the situation immediately and let them help solve it, if you keep procrastinating, it will only make the interest rate higher and higher.