Can I get a refund of interest on an online loan borrowed while I was a student?

Depending on the specific loan, the interest refund of high-interest online loans can be negotiated.

1. If the online loan is a bank, consumer finance.

and other licensed financial institutions, then the interest is non-refundable, because the interest on such products is within the legal range. However, online lending is not provided by licensed financial institutions, but belongs to private lending.

Then the user has paid the interest on the part of the interest rate exceeded, and can apply to the lending institution to refund the interest.

2. After the online lending institution accepts the application, the interest will be refunded to the user's receiving bank card. Refusal to refund the interest requires the user to file a lawsuit in court.

2. If it is an online loan and a high-interest loan, first collect your borrowing and repayment records on the platform, and then call customer service**, declare that you borrowed money during your student period, you can provide student proof, negotiate a refund of interest and service fees, and if the customer service accepts, you can wait. Wait for the platform to reply, if the customer service does not accept the screenshot of the loan repayment record on the mobile phone, complain to the major reporting platforms, such as the black cat complaint. Complain about the borrowing software.

There is no guarantee that there will be absolute gains, but if you try it, there is a chance that it will be effective.

Extended Materials. About loans.

1) Loan refers to the lending of monetary funds by banks or other financial institutions at a certain interest rate and on the condition that they must be returned.

A form of credit activity, which is simply understood as borrowing money with interest.

2) Banks can put out the concentrated money and monetary funds through loans, which can meet the needs of the society for supplementary funds for expanding reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

3) When the borrower applies for a loan from a bank or other financial institution, he or she needs to repay the borrowed principal and interest according to the agreed interest rate and repayment method. Common repayment methods include borrowing and repaying, monthly repayment, equal principal repayment, and equal principal and interest repayment.

early repayment, etc.

4) Overdue interest will be incurred, and overdue interest is usually calculated on a daily basis, which means that the longer the overdue time, the more overdue interest needs to be repaid.

The regulations are as follows: 1. China Banking and Insurance Regulatory Commission.

and other five departments issued the "Notice on Further Regulating the Supervision and Administration of Internet Consumer Loans for College Students", prohibiting microfinance companies from issuing Internet consumer loans to college students, and prohibiting non-licensed institutions from providing credit services to college students. The Circular clearly stipulates that microfinance companies shall not set college students as the target customer group for Internet consumer loans, and shall not conduct targeted marketing to this group.

False, misleading, or inducing propaganda and other improper methods must not be used to induce college students to spend ahead of time or borrow excessively; Any violent collection behavior that interferes with the normal study and life of college students is strictly prohibited. In addition, licensed institutions such as commercial banks and consumer finance are also regulated.

2. There are many online loan routines, and college students who are not deeply involved in the world are obviously too "tender" compared with those who have already gone deep into society. This may also be why, when "campus loans" have long been explicitly banned, the five departments are still "further regulated". The so-called road is one foot high, and those familiar and unfamiliar online loans will always change their tricks to recruit college students on board, regardless of the vicious waves behind them.

In fact, as early as 2017, Zhao Jianjun, then deputy director of the Finance Department of the Ministry of Education.

I once took out a loan to college students on campus.

Response: No online lender is allowed to issue loans to college students. Now, the notice of the five departments can be regarded as the concrete implementation of this concept.

After all, it is clear that the education sector alone cannot do the chaos of online loans targeting college students.

3. It is undeniable that there are some college students who do encounter times when they need money. For example, if the family is poor, but this problem can be solved by applying for grants and student loans.

and even social donations and other ways to solve the problem, instead of appealing to microfinance companies and non-licensed financial institutions. In that year, while the Ministry of Education clearly proposed to prohibit campus loans, it clearly pointed out that the total funding for each stage of education in the past five years was nearly 700 billion yuan. For example, if there are college students who need entrepreneurial funds, there are also special entrepreneurial loans for college students.

Many localities, universities and banks also have corresponding preferential policies and support. At the beginning of March this year, Zhengzhou, Henan Province just issued a new policy, stipulating that college students can apply for a guaranteed loan of up to 400,000 yuan to start a business.

Extended Materials. If your interest rate is more than 36% per annum.

If it is calculated, then the part exceeding 36% can apply for interest refund, and if it is within 36%, the online lending institution has the right to refuse the application. First of all, you can apply to the online loan platform.

If the application is denied, you can file a complaint with the China Internet Finance Reporting Information Platform, or you can file a lawsuit with the court.

National Student Loan Repayment Methods:

1) Before graduation, students should pay off in one lump sum or in installments;

2) After graduation, the student's work unit will repay all the loans to the department that issued the loan at one time;

3) After the expiration of the probationary period, the unit will deduct it from the salary of the graduate within two to five years;

4) The employer where the graduates work may decide to reduce or exempt the loan advance according to their work performance;

5) For students who take out loans, if they are expelled from school, ordered to withdraw from school, or students withdraw from school voluntarily due to violating national laws and school discipline, the parents of the students shall be responsible for repaying all the loans.

5) The term, interest rate and amount of national student loans.

The maximum amount per person per academic year is not more than 8,000 yuan. The maximum term is 10 years. The interest rate will be discounted by the government during the school period, and the borrower will bear it after graduation (according to the current benchmark interest rate of the central bank).

1.Clarify the "three prohibitions" of microfinance companies: directly stop setting college students as the target customer group of Internet consumer loans, not targeting college students, and not issuing Internet consumer loans to college students2

The previous policy documents clarifying the "three prohibitions" for lending institutions and outsourcing cooperative institutions did not clearly restrict external cooperative institutions. False, misleading, or inducing propaganda and other improper methods must not be used to induce college students to consume in advance3Banking Financial Institutions:

Online precision marketing and strict implementation of the second repayment shall not be allowed** Banking financial institutions can carry out Internet consumer loan business for college students, after all, they are formal financial institutions. However, it should be small, short-term, and the risk should be controllable.

No, General Principles of the Civil Law.

Article 108 stipulates that "debts shall be paid off." If it is temporarily unable to repay, the debtor may repay it in installments with the consent of the creditor or the ruling of the people's court.

and where they have the ability to repay and refuse to repay, the people's court is to make a judgment to compel repayment. "It follows that it is certain that the debtor must repay the debt.

Extended Materials. 1.Online lending, foreign name is Internet lending, P2P online loan is the abbreviation of online lending, including individual online lending and commercial online lending. P2P online lending.

It refers to the direct lending between individuals through the Internet platform. It is a subcategory within the Internet Finance (ITFIN) industry. Online lending platform.

The number of companies in China grew rapidly in 2012, with about 350 companies active so far, and the total number of companies as of the end of April 2015 was 3,054.

In September, the Leading Group for the Special Rectification of Internet Financial Risks and the Leading Group for the Special Rectification of Online Lending Risks jointly issued the Notice on Strengthening the Construction of the Credit Information System in the Field of P2P Online Lending to support the access of P2P online lending institutions to the credit reporting system.

3.The essence of Internet finance is still finance, and it has not changed the characteristics of financial risks that are hidden, contagious, extensive and sudden. Strengthening the supervision of Internet finance is an inherent requirement for promoting the healthy development of Internet finance.

At the same time, Internet finance is a new thing and an emerging format, and it is necessary to formulate moderately relaxed regulatory policies to leave room and space for Internet financial innovation. By encouraging innovation and strengthening mutual support in supervision, we will promote the healthy development of Internet finance and better serve the real economy.

Internet financial supervision should follow the principles of "lawful supervision, appropriate supervision, classified supervision, coordinated supervision, and innovative supervision", scientifically and reasonably define the business boundaries and access conditions of various business formats, implement regulatory responsibilities, clarify the bottom line of risks, protect legitimate operations, and resolutely crack down on illegal and irregular behaviors.

4.Online lending includes individual online lending (i.e., P2P online lending) and online small loans. Individual online lending refers to direct lending between individuals through Internet platforms. Direct lending on individual online lending platforms is a private lending.

scope, subject to contract law.

General Principles of Civil Law and other laws and regulations.

and the relevant judicial interpretations and norms of the Supreme People's Court. Online micro-loans refer to the micro-loans provided to customers by Internet enterprises through the microfinance companies controlled by them through the Internet. Online microloans should comply with the existing regulatory regulations of microfinance companies, give full play to the advantages of online loans, and strive to reduce customer financing costs.

The online lending business is supervised by the China Banking Regulatory Commission.