Can I negotiate a second installment if the online business loan is overdue?

During the negotiation, you should first explain that you do not have the ability to repay the loan for the time being, and at the same time you can provide certain supporting evidence.

Materials, such as proof of termination of the employment contract.

Unemployment certificate, etc., and then express your willingness to actively repay the loan, and finally submit an application for an extension of the repayment period and a second installment to repay the arrears.

Extended information] 1. Although the online business loan does not provide deferred services, if the customer really can't afford to pay it back, and it is indeed for a reason, and it is not intentional to repay the overdue arrears, then you can still contact customer service for negotiation (dial ****95188, turn to "3" key for consultation).

2. Explain your personal situation to the customer service staff, explain clearly the reasons why you are not able to repay the loan for the time being, and provide corresponding information to support it (such as unemployment certificate, proof of termination of labor contract, etc.), and at the same time express your willingness to actively repay the loan, and then you can try to apply for extending the repayment period and repaying the arrears in installments.

Consideration will be given as appropriate.

3. If it is finally approved, then the customer only needs to repay the arrears on time and in installments according to the new repayment plan agreed upon. Of course, customers should also be prepared for rejection, and can find other ways to raise funds to pay off their debts, such as trying to borrow money from family and friends. If you have money, try to pay it back a little bit, and don't just run away and not pay it back.

Fourth, the second installment, also known as personalized installment, generally speaking, in the case of financial difficulties of the borrower, after negotiation, modify the original repayment plan, reformulate the repayment plan, and before reaching an agreement, will negotiate the number of installments and the specific plan of the repayment amount of each installment. According to Article 70 of the Measures for the Administration of Credit Cards of Commercial Banks, the maximum number of negotiation periods shall not exceed 60 periods, and the specific details of the negotiation will depend on each person's situation.

5. In the process of negotiation, we can state our own reasons for overdue and cooperate with the bank to submit corresponding materials to strive for interest reduction. It is relatively easy to negotiate with the bank for the second installment after the credit card is overdue, but after the second installment, if the overdue problem occurs again, it is likely to face the embarrassing situation of the installment plan being recovered, and the bank will be forced to pay off the arrears at one time, so it is best for us to maintain good credit and repay the loan on time.

If the online business loan is overdue, you can contact customer service to try to negotiate a second installment.

During the negotiation, you should first explain that you do not have the ability to repay the loan for the time being, and at the same time you can provide certain supporting materials, such as the certificate of termination of the labor contract, unemployment certificate, etc., and then express your willingness to actively repay the loan, and finally submit an application for extending the repayment period and repaying the arrears in two installments.

The online merchant loan will consider it as appropriate to find out that it does not have the ability to repay the loan, and it is not deliberately overdue after the second installment application may be agreed.

Of course, if the review finds that there is still the ability to repay, the second instalment application may not be agreed.

Therefore, it is also recommended to prepare for second-hand, if the online merchant loan finally does not agree to the second installment, and must repay the arrears in time, you can also raise funds through other channels for repayment, such as trying to borrow money from relatives and friends around you to repay (note that do not borrow another loan to repay, the practice of repaying the loan with a loan is prohibited).

Now is the era of credit, once there is a stain on credit, many things will be difficult to move forward. Online lending is also the source of big data, once the big data is chaotic, and is included in the credit high risk, it will affect credit and life restrictions, people who do not understand credit and big data can check in the small seven letters, view their credit data, understand their credit data, loan records and risk conditions, etc., to help everyone pay attention to protecting their big data credit records.

Extended information: Can I buy a car in installments if my online loan is overdue?

Most online loans are connected to the credit system, and their lending behavior is directly linked to the borrower's credit, if you can repay the loan on time, you can develop a good credit record, but if it is overdue, it will be reported to the credit information system to leave a bad credit record, and then it is difficult to handle other credit business.

For example, if you buy a car in installments as a credit business for credit checking, if you find that the borrower's credit report has an overdue record of online loan during the approval process, you may reject the borrower's application.

However, it is still necessary to judge the degree of overdue in combination with the specific situation, which can be divided into these situations.

1. The overdue is not serious: after the online loan is overdue, it has been repaid before buying the car in installments, and there is no overdue at present, and the number of overdue times is not much, and the time is not long, and the borrower has provided sufficient information to prove that there is sufficient solvency, and there is still a chance to succeed.

If you are worried about failure, it is recommended that you apply again 3 months after you have paid off the arrears.

2. Serious overdue: Generally speaking, if there are three consecutive or six cumulative overdues within 2 years, even if the overdue arrears of the online loan are paid off, the loan will still be rejected.

However, it does not mean that you have to wait for the overdue record to disappear before you can buy a car in installments, as long as the borrower does not have any bad behavior that affects personal credit in the next 2 years, and the solvency is good, there is also a chance to pass.

Under normal circumstances, it is not possible to negotiate repayment when the online business loan is overdue, but if you are willing to repay, you can choose to negotiate repayment. When you don't have the money to repay, you can take the initiative to call **95188 ext. 3 (the service time is from 8 am to 24 pm) and contact MYbank.

The customer service staff negotiated and applied for an extension of the repayment period and repayment in installments. However, whether the online merchant loan agrees with you to negotiate repayment depends on the situation, because the other party will also review and deal with you. Of course, during the negotiation process, we must make our personal situation clear, show that we are not maliciously overdue for repayment, but really have no ability to repay, and provide various information to prove it when necessary.

Extended information: 1. Overdue will face the following consequences:

Not good for personal credit. Overdue records will be uploaded to the People's Bank of China Credit Information Center.

the basic financial credit information database, which has an adverse impact on personal credit;

Late penalty interest is charged. If the online merchant loan is overdue, a penalty interest will be charged at multiple times the normal interest rate. That is, overdue interest = overdue bill amount (overdue principal plus interest) * interest rate * number of overdue days (not counting the day).

Facing collections. The borrower will be collected, and the normal life and work will be disturbed to a certain extent, and the subsequent online business loan will be affected.

In short, it is difficult to negotiate with the MYbank to postpone the repayment, and the only way to repay the loan is to raise funds as soon as possible, otherwise it will face a penalty interest rate of multiple the normal interest rate during the outstanding period, and will be collected by the MYbank. In addition, if you don't pay off the arrears, your bad credit history will always be displayed in the credit report.

, you also need to wait 5 years before you can delete it.

2. The interest rate paid by the borrower within the performance period agreed in the loan contract shall not violate the loan interest rate of the relevant financial institutions of the People's Bank of China.

The upper and lower limits of the provisions, including private lending.

If it is not more than 4 times the interest rate of the bank loan, the overdue interest of the overdue loan can be calculated according to the interest rate. At the same time, the loan during the performance period of the contract and after the expiration of the loan shall be settled on a quarterly basis (of which the short-term loan can also be settled on a monthly basis within one year), and the quarterly interest settlement date shall be the 20th day of the last month of the quarter, and the interest shall be calculated as compound interest if the borrower cannot pay the interest on time.

If the online loan is overdue, you can negotiate with the other party in installments, as long as you make the other party feel that you are not deliberately defaulting on the debt, and there is a detailed repayment plan, the other party will agree.

Of course, you can negotiate with the other party to solve the problem.

Summary. Dear, glad to answer for you! The consequences of the second overdue after the negotiation of the online loan are very serious.

The credit report will be re-recorded for overdue, penalty interest will be rolled over, and the bank will sue the borrower. In addition, the bank will directly invalidate all the previously negotiated plans, and most of the money that has been repaid before will be counted as interest, and the fees that have been reduced or reduced will also be recalculated again, requiring the borrower to repay again.

Dear, glad to answer for you! The consequences of the second overdue after the negotiation of the online loan are very serious. The credit report will be recorded as overdue, the penalty interest will be rolled up, and the bank will also sue the borrower.

In addition, the bank will directly invalidate all the previously negotiated plans, and most of the money that has been repaid before will be counted as interest, and the fees that have been reduced or reduced will be recalculated again, requiring the borrower to repay again.

Extended information: Online lending is online lending, which is a subcategory of the Internet finance industry. Individuals can borrow directly on the Internet platform.

At present, the platform of online lending has grown rapidly, and there are more than 3,000 active online lending platforms, which have the advantages of convenient loan repayment, low threshold for application, fast payment, and rich product variety. However, there are also many fake online loan platforms that rely on high interest rates and simple liquidated damages to make profits.

Online merchant loans cannot be repaid after they are overdue. The amount of each installment is calculated by the system when you borrow successfully, and some online loans will have overdue fees, which the bank will generally not agree to, because the bank cannot verify whether you really have no money or fake no money.