How to reply to the collection after the online loan is overdue?

The most useful thing to reply to online loan collection is that I repay the loan. I suggest that you actively repay the loan after the online loan, and don't overdue it. Overdue will have a great impact on your and your family's future life.

1. How much interest is legal for online loans?

In recent years, there have been a lot of negative news about P2P lending. In the eyes of most people, online lending is almost equal to usury. This kind of cognition also hurts the formal online lending platform. Whether the online loan is legal or not mainly depends on whether the interest exceeds the legal red line. With regard to loan interest, China's General Principles of the Civil Law stipulates that the interest rate of private lending can be appropriately higher than that of bank lending, but not higher than four times that of bank lending, otherwise it will be regarded as usury. Even if it is recognized as usury, the lender's principal is still protected by law, and the principal can be repaid, and the interest exceeding the national standard should never be repaid.

Second, how to collect online loans:

After the online loan collection call is finished, overseas visit collection is the most direct. After the telephone collection is unsuccessful, the P2P platform staff will receive the most direct overseas call. As far as overseas collection is concerned, it is mainly to make up for the shortage of telephone collection. On the basis of telephone collection, visit overseas borrowers on the spot to improve telephone collection and form a three-dimensional sense of depression. Visiting abroad for collection should not only visit the borrower himself, but also visit his relatives and neighbors to understand the situation and urge him to repay the loan. Overseas collection is a very direct and effective collection method, which is now being adopted by many financial institutions.

In summary, even if the online loan is not credit, the bad record will remain in the online loan big data. Online lending big data is a third-party credit inquiry system for lending institutions, which uses big data technology to integrate loan records of various online lending platforms. Get the online loan big data report from the official account of Li You Data WeChat, including online loan history, overdue details of online loans, liabilities, untrustworthy information, online loan blacklist and other information.