Can you negotiate a reduction if the overdue penalty interest is too high?

The overdue penalty interest is indeed high, but you can try to negotiate a waiver. You can contact the borrower's customer service to explain your predicament to them and ask them to reduce the amount of penalty interest. During the negotiation process, you can propose a reasonable amount of repayment that you can afford and explain your willingness and plan to repay.

If an agreement can be reached, the borrower may agree to reduce a portion of the penalty interest. You need to be patient and honest during the negotiation process so that the other party can understand your difficulties and give you help. If you are unclear about your debts and online loan data, you can get an online loan big data report from Zhiyi Big Data, which has detailed data on online loan application records, overdue details, blacklists and other information.

"Current Name Credit Loan" is a loan service launched by Alipay, and according to the different sesame scores, users can apply for different loan amounts. The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is to borrow and repay at any time. On January 9, 2018, perhaps due to excessive leverage and violation of relevant regulatory regulations of the central bank, some users were voluntarily closed to control the loan balance.

The consequences of overdue borrowing mainly include the following points:

1. Penalty interest, almost all loan products will be overdue will generate penalty interest, and Mengxiang will charge a penalty interest of 5/10,000 of the overdue amount every day when the loan is overdue, according to compound interest.

The longer it is overdue, the more penalty interest will be charged;

2. Affect credit, overdue borrowing will not only affect Sesame Credit.

It will also affect credit reporting;

3. Now Huabei.

Borrowers have successively connected to the central bank's credit system.

The system will report the individual's repayment situation to the credit information platform every month.

5. May be sued, if the amount of the loan is large, the overdue time is long, and the customer refuses to repay the loan after repeated urging, it may be sued.

The handling method of overdue borrowing is as follows:

1. If it is overdue in the short term, you can borrow money from your family to repay the loan, and repay it to your family immediately after getting out of the predicament;

2. If you are unable to repay the loan after a long period of overdue, you need to find a stable job and then repay the loan;

3. Before repayment, the loan amount, repayment interest, and penalty interest can be recorded;

5. Find a stable job and earn monthly income to repay the principal and interest borrowed.

Operating Environment: Brand: Apple 12

System version: iOS14

Legal analysis: First of all, it is impossible to reduce the penalty interest on Alipay, if you don't want to pay it back, you will be blacklisted by Alipay and never want to use it, and if the amount is large, you will also receive a summons from the court.

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

Article 577:Where one of the parties fails to perform its contractual obligations or its performance does not conform to the agreement, it shall bear liability for breach of contract such as continuing to perform, taking remedial measures, or compensating for losses.

Article 578:Where one of the parties expressly states or shows by its own conduct that it will not perform its contractual obligations, the other party may request that it bear liability for breach of contract before the expiration of the performance period.

Article 579:Where one of the parties fails to pay the price, remuneration, rent, or interest, or fails to perform other monetary debts, the other party may request payment from the other party.

It shouldn't be, at most, you can only negotiate multiple installments, and you have to pay late fees and interest, depending on Alipay's official reply.

The principal and normal interest are estimated to be inevitable, and the penalty interest can be negotiated with each other in principle, provided that you are no longer able to repay, like the banking system, abnormal penalty interest such as late fees, management fees, etc. can be waived, I hope it will be useful to you!!

You can't think that Alipay borrowing is a commercial software, not a charity software, the meaning of his existence is to make money, and then he uses the money earned to do charity, so he will not reduce your overdue penalty interest fees because of your financial difficulties.

Alipay asked me to go to the community and open a hardship certificate. More than three thousand were exempted.

With the increase in people's demand for borrowing, many loan platforms have been born in the market, among which Alipay's borrowing has a high popularity.

However, if the borrower uses Ant Loan but fails to repay the loan according to the repayment time, there will be an overdue record, which will affect Sesame Credit and even affect personal credit reporting, and form a certain resistance to the borrower's future loan application and credit card application. In addition, if the loan is overdue, there will be a overdue fee at a rate multiple of the normal interest rate.

Among the reliable big brands on the market, in addition to borrowing, 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.

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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, happy with your question.

About: Alipay borrowing is overdue, economic difficulties, can you negotiate a reduction or exemption of overdue penalty interest fees?

Strictly speaking, this situation is certainly not avoidable, and it has a very big impact on integrity.

Because Alipay is more formal, and there are a large number of users, so the policy does not exist in the reduction and exemption state shouting, after all, there are too many people who can't afford to close the noise, this case is opened, the impact is wider, so we don't have this reduction policy at present, and there will be no one in the future.

In your case, Divine Oak only wants to give the principal, and the person who can't afford to give the penalty interest is too blind, if it is reduced, won't this be a mess? Guess the source, not to mention that Alipay is an operating company, not a charity, I hope you understand.

1. Once the borrowing is overdue, penalty interest will occur, and the borrowing official does not explain how to reduce the overdue penalty interest of the borrower, if the user applies for a reduction or exemption of overdue fees after the user is overdue, then it is recommended to try to contact the customer service of the borrowing to apply, and whether the penalty interest can be reduced depends on how the borrowing official decides. 2. The penalty interest of the ant borrowing is charged according to the multiple of the original interest, then, if the borrowing exceeds the Senque period, not only must the interest continue to be charged on a daily basis, but also the penalty interest will be charged on a daily basis. 3. For example, apply for a loan of 10,000 yuan from Ant Borrowing, with a term of 1 month and a daily interest rate.

If your ant borrowing is overdue, the ant borrowing will start to charge penalty interest on the first day after the overdue. Penalty interest per day = overdue amount; Overdue amount = 10000; The final result is: penalty interest per day = 10,090 yuan.

4. It is recommended that everyone should try to ensure that the loan is repaid on time and in full, so as not to bring unnecessary financial burden to Zitongchun.

Hello, formal loans are linked to personal credit information, when applying for a loan, you should check the credit situation, if there is overdue repayment, it will have a negative impact on personal credit, it is recommended that you take out a loan within your means, repay on time and maintain credit.

You have signed and agreed to the terms of borrowing when you use Alipay to borrow, which has penalties for overdue, you have not repaid within the time limit, you should contact customer service as soon as possible to apply for penalty interest, if you do not agree to the penalty interest, you have to pay penalty interest and the amount of borrowing, otherwise the borrowing will apply to the court for a judgment.

Alipay borrowing overdue is not negotiable, haven't you read the provisions in the terms of borrowing, it is clearly stipulated that borrowing can not be overdue, if it is overdue, it will definitely incur penalty interest, and if everyone is overdue, then what are the regulations! What do you say, Alipay is saying that generally if you are overdue, the penalty interest and date are automatically cleared by the Alipay system! So manual intervention is not allowed!

No, Alipay's borrowing rules clearly stipulate that you should not overdue, if you are overdue, you will be penalized, and you will not be able to follow the rules, if everyone negotiates to deal with it, then what kind of rules are there.

Ha ha! Contact customer service to help you solve this problem, friend! Who told you to make late payments! Penalty interest must be paid!

What will be the consequences of overdue online loan Huabei borrowing?

Negotiable.

There will be penalty interest for overdue borrowing, and the penalty interest will be charged at multiple times of the original interest. Calculation formula: overdue interest = overdue amount * overdue days interest, at the same time, if the borrowing is overdue, there will be a collection.

For example, through ** and text messages and other forms of collection, according to the specific borrowing situation, the more serious circumstances are not excluded from taking legal channels.

Provided that you are no longer able to repay, abnormal penalty interest such as late fees, management fees, etc., can be waived as in the banking system.

Calculation formula: overdue interest = overdue amount overdue days interest.

At the same time, if Alipay's borrowing is overdue, Alipay will collect it. For example, through ** and text messages and other forms of collection, according to the specific borrowing situation, the more serious circumstances are not excluded from taking legal channels.

Overdue borrowing will also affect the user's online black index score, if the online black index score is too low. A low score on the Internet black index will not only affect the success rate of the mortgage, but also affect the user's Huabei and borrowing amounts, and even cause Huabei and borrowing to be closed.

The impact of the online loan blacklist on individuals is that they are applying for new loans, and it is difficult to approve them again. Although online loans are very convenient now, you must consume rationally, pay attention to repayment on time, and maintain your credit history. When applying for an online loan for a long time, you must pay attention to your online loan big data to prevent it from becoming an online loan blacklist due to blind application.

Compared with the personal credit report of the central bank, the scope of online loan big data is more extensive, and the institutions issued are more diverse, which is part of the personal credit record and is a useful supplement to the traditional personal credit report.

No, I've already asked, it's a comprehensive evaluation of the system, and it can't be modified manually, so it's really better not to owe money, it's really not cost-effective, and the interest is 2 times the principal!! What is the bad thing to do with this money, eat and drink it It is considered to know what Ma Yun Alipay relies on to make money.

After the online loan is overdue, I always negotiate the repayment in this way, and after the negotiation, it is either reduced or reduced, or only the principal is repaid! You can directly ask the collection to help you apply, but the price of negotiating repayment is after being ruthlessly collected.

The penalty interest for overdue borrowings is charged at multiple times of the original interest. At present, the official has not made it clear how to reduce the overdue penalty interest. Therefore, if you want to reduce the penalty interest, you can contact the customer service staff of the borrower and apply to the customer service staff for the reduction of penalty interest.

As for whether it can be reduced or reduced, it depends on the official decision of the borrower. However, there is basically no way to reduce it, after all, it is impossible for the borrowing official to make an exception for you.

Therefore, when you repay the loan, you must pay attention to avoid overdue repayment. You must know that not only has to pay penalty interest when borrowing is overdue, but also has a bad impact on personal credit. Therefore, it is necessary to develop a good habit of repaying on time.

If you are really overdue, you should also pay off the arrears as soon as possible to avoid high overdue fees and a greater impact on your personal credit.

The overdue interest of the loan cannot be negotiated or reduced, this is the rule of the platform, and it is impossible to change it for you alone.

Some relevant people said that some fees could be waived. I called customer service and said yes.