Will the online loan be automatically deducted if it is not repaid, and the online loan will be auto

Online loans will automatically deduct money. As long as there is enough money in the bound bank card, it can be deducted, if only one bank card is bound and there is no money in the bank card, the money in your other bank cards will not be deducted, and the bank will only deduct the monthly payment from the repayment account specified in the contract, unless otherwise agreed.

The bank will deduct the repayment from the designated repayment card and will not deduct the money from other bank cards, but in order not to affect the credit history and the future loan is recommended to repay on time every month, otherwise it will be restricted in other aspects when applying for a bank card.

Article 675 of the Civil Code stipulates that the borrower shall return the loan within the agreed time limit. Where there is no agreement on the term of the loan or the agreement is not clear, and it is still uncertain in accordance with the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may demand the borrower to return it within a reasonable period of time.

Yes, online loans are usually automatically deducted when the borrower does not repay the loan on time. Here's why:

1.Contractual agreement: In the loan contract, it is common to clearly stipulate the terms regarding the method and time of repayment. By agreeing to these terms, the borrower authorizes the lender to automatically debit their bank account.

2.Bank authorization: To facilitate automatic debits, borrowers may provide bank authorizations to lenders that allow lenders to make direct debits from their designated bank accounts.

3.Borrower Requirements: In order to ensure the normal operation of the loan**, the borrower will usually require the borrower to provide authorization for automatic deductions. This reduces the risk of overdue and protects the interests of the borrower.

Summary: Under normal circumstances, the online loan company will automatically deduct the loan when the borrower fails to repay the loan on time, which is in line with the loan contract and is also to protect the rights and interests of the lending institution. For borrowers, timely repayment can avoid incurring additional late fees and damage to credit history.

Therefore, borrowers should keep an eye on the repayment date and ensure that there are sufficient funds in the account to avoid late payments.

Extended Information: In China, the online lending industry has experienced a regulatory storm over the past few years, with a series of regulations introduced to protect the interests of borrowers and investors. These regulations include measures such as a limit on the maximum borrowing amount, real-name authentication, and information disclosure.

The borrower should read the loan contract carefully and understand the repayment terms and auto-deduction authorization clauses in it to avoid disputes or unnecessary losses.

If the borrower encounters difficulties in repaying the loan on time, the borrower should communicate with the lending institution in a timely manner and seek a solution as soon as possible, such as applying for a deferment of repayment or installment payment.

Hello, the automatic deduction of online loans is an automatic deduction agreement for the repayment of the due and repayable through the online signing, which is only used to repay the debts due and repaid, and no other payments will be deducted after the repayment is paid.

I'll tell you that money will be deducted, not too much, seven yuan, six yuan, six, twenty-two, such irregular deductions. Consulted with a lawyer to say that the court sues, do you think it is possible? Only cancel the bank card and replace it with one.

Regular ones will not be buckled. There is also a part of hooliganism. 100% will steal your money.

Canceling quick payments is also useless.

If the deduction of the online loan fails, it will be automatically deducted. The online lender may automatically deduct the amount after the deduction fails, but the online lender will only deduct the repayment account specified in the contract, unless otherwise agreed. Online loan repayment will be deducted from the designated repayment card, and other unspecified card money will not be deducted.

[Legal basis].Article 577 of the Civil Code.

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

Article 578.

If 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 it to bear the liability for breach of contract before the expiration of the performance period.

Nowadays, many people who are short of money will borrow money from online loans with their personal information, because this way is fast and the process is fast, so it is popular with the majority of users. However, some online loan fees are inflated, and the borrower will not repay the loan due to subjective or objective reasons, so will it be automatically deducted from the bank card?

To apply for an online loan, you need to bind a bank card, and many people are worried that if you don't repay the loan within the time limit, you will automatically deduct money from your bank card.

Tell everyone:

1. If you have enabled automatic repayment, the money will be deducted from the bank card on a fixed date every month;

2. It is only bound to the bank card for receiving and withdrawing cash, and the money will not be deducted from the bank card if it is overdue.

Banks are the safest institutions to deposit money, so they will not let others deduct money from the card casually, unless you are authorized or active, otherwise who would dare to use online loan software.

There are three situations in which a deduction can be compulsory:

1) Court enforcement

If you go to the court to sue you for non-repayment, and you still refuse to repay after the court judgment, then it is possible that the assets in your name will be frozen, and the court has the right to directly deduct the money to the court's exclusive account.

2) Bank online loans

Nowadays, many banks also have their own online loan products, with credit cards or credit information, if you apply for this kind of products, if the bank card has money, it will also be automatically deducted for repayment.

All in all, many online loans are "unlicensed operations", and you will not go to court to sue for the thousands of dollars, so the situation of enforcing the account to freeze and then deduct the account generally does not occur on the online loan platform, but everyone should also abide by the contract and repay the loan on time, otherwise liquidated damages plus collection will follow one after another, affecting the daily life of individuals.

The following is how to cancel the automatic deduction of online loans:

1. You can go to the counter to handle it, if you are handling it at the counter, you can directly find the staff to cancel the automatic deduction.

3. You can cancel the binding of the bank card on the online loan platform.

4. You can log in to the bank's online banking or mobile banking, enter your personal account, and select "Quick Payment Management".

Select the automatic payment company linked to the debit card, and click on the one you want to cancel the automatic deduction.

Relevant regulations: Article 469 of the Civil Code of the People's Republic of China The parties may conclude a contract in written, oral or other forms. The written form is the form in which the contents of the contract can be tangibly expressed, such as the contract, the original draft, the telegram, the telex, the fax, etc.

Data messages that can be tangibly represented in electronic data interchange, e-mail, etc., and that can be accessed at any time shall be deemed to be in writing. Article 470:The content of a contract is agreed upon by the parties and generally includes the following clauses:

1) The names and addresses of the parties;

b) the subject matter; iii) quantity;

iv) Quality; 5) Price or remuneration;

6) the period, place and method of performance;

Liability for breach of contract;

8) Methods of Dispute Resolution.

The parties may conclude a contract with reference to the model texts of various types of contracts. Article 471:When parties conclude a contract, they may make an offer, accept or other means.

2. If you sign a third-party settlement agreement with the online loan company, and the online loan deducts your bank card through the third-party settlement company, you want to cancel it through the bank, and some banks do not support the cancellation of the third-party settlement agreement. Thank you for your understanding.

3. Due to the agreement problem, the bank cannot cancel the automatic deduction of online loans, and the easiest way is to change the silver card, and the original bank card can only be credited and cannot be paid.

Precautions. At present, the bank cannot prevent the automatic deduction of online loans, nor will it open up a special channel for you, and the best way is to replace the silver card.

When you sign the contract, he should have agreed with you to deduct the money, so unless you cancel the bank account.

Legal Analysis: The bank may automatically deduct the amount after the bank debits, but the bank will only deduct the repayment account specified in the contract, unless otherwise agreed.

The bank will deduct the repayment from the designated repayment card, and do not deduct the money from other bank cards at the banquet, but in order not to affect the credit history and the future loan, it is recommended to repay the loan on time every month, otherwise it will be restricted in other aspects when applying for a bank card.

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 the bank returns the loan and pays interest when due.

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 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.