How to pass risk control when there are too many online loans?

After borrowing 5 online loans, I can no longer borrow? These methods can solve the problem

Online loans are easier to apply for than bank loans, but many people may be rejected. In addition to their own incompatibility, it may also be because they borrowed too many online loans. . For example, after a person borrowed 5 online loans and can no longer borrow them, he needs to find a corresponding solution. Let’s learn about it together.

Why can’t I borrow money after borrowing 5 online loans? Today's online loans will authorize the operator and query the borrower's mobile address book when applying. Once you have applied for other online loans before, the relevant SMS verification codes, repayment reminder SMS, etc. will be recorded and can be queried by subsequent online loans. Yes, and each online loan platform has different risk control standards. If you don't like borrowing from multiple online lenders, you may be rejected. For example, the number of five online loans borrowed is relatively large, which can reflect the borrower's financial constraints and high borrowing risks. In addition, there are overdue online loans, and the borrower's repayment ability needs to be discussed, which is also undesirable. If it is easy to borrow money again, especially for products from licensed financial institutions, it will be more difficult to apply.

So, how to solve it? 1. Reduce the number of online loans: Settle part of the online loans through repayment and issue a loan settlement certificate. Although it is simple and crude, it is still a good method. The number of online loans is reduced, and the personal debt ratio is also reduced accordingly. The repayment capacity will be released and the borrowing risk will be reduced. 2. Increase personal income: Personal income can reflect the strength of repayment ability and limits the number of online loan applications. Those with low incomes will have fewer online loans. Unless personal income can be increased and repayment ability can be improved, You will feel more confident when borrowing again, and will rarely be rejected if other conditions are met. The above is the relevant introduction of "I can no longer borrow after borrowing 5 online loans". I hope it will be helpful to everyone. How to pass risk control if there are too many online loans? Teach you step by step

The threshold for online loans is low and easy to apply for. Many people borrow money through this channel. People often borrow money from one person or another, but they don’t know that too many online loan applications can easily lead to risk control, which will affect the application of credit cards or other loans. So, is there any way to help people who have taken out too many online loans pass risk control? Let’s take a look below.

1. Why are there so many online loans subject to risk control? People who always take out online loans must not have very good financial capabilities. They may be short of money, so they want to borrow online loans to obtain funds. Especially if there are too many online loan applications, online lending institutions will think that the borrowers are not capable of repaying, and lending to them will risk overdue loans. It will be troublesome if the loaned money cannot be recovered, and they will definitely carry out risk control for these people. . In addition, some people fail to repay on time after borrowing online loans, which is also one of the reasons for risk control.

2. How to pass risk control when there are too many online loans? There are many online loan applications, and if you don’t want to be constrained when borrowing money, you can try risk control from two aspects. 1) Pay off debts: Too many online loans will increase your debt ratio, which requires borrowers to pay off part of the online loans they owe as much as possible or pay them off in advance. When the debt is reduced, the risk of online lending institutions will increase. Control will naturally become looser. 2) Reduce the number of applications: If you have borrowed a lot of online loans, do not apply for other online loans frequently in the short term. After all, whether it is a bank or other online loan, it will mainly refer to the number of online loan applications in the past 3 to 6 months. If you have borrowed more than 5 online loans during this period, there is a high possibility that your application will be rejected again. The above is the relevant introduction to "How to overcome risk control when there are too many online loans". I hope it will be helpful to everyone. Of course, in addition to the methods introduced above, there must be other methods of risk control. Everyone is welcome to communicate with us. What to do if too many online loans are subject to risk control

If too many online loan applications lead to risk control by banks, institutions and platforms, it is recommended that customers not apply for loans for the time being, but stop for a while and find ways to pay off the loans. hand, and use this time to protect your credit. After the loan is slowly paid off, the debt ratio is reduced and the credit is maintained for a period of time. Perhaps the bank or institution or platform may relax risk control after evaluating the customer's recent good performance. After the risk control is lifted, customers can apply for loans as usual if they need funds.

However, you should still be careful not to handle too many loans at once, otherwise banks, institutions, and platforms may suspect that your economic life is unstable and require risk control again.

1. We should pay attention to the following matters when making online loans. Whether the platform is formal. Before applying for online loans, the most important thing is to understand the formality of the loan platform to avoid falling into the trap of criminals. . A formal online loan platform has three characteristics: it has a formal small loan license; it has a good reputation among users; and the platform has strong financial strength and is backed by large and well-known enterprises.

2. Whether the loan platform has been approved by the China Banking Regulatory Commission and whether it holds a financial license. If it is a small loan platform without a financial license, it is generally formal. It is best for customers to avoid it in case they encounter a loan fraudster and fall into a loan scam. What is the platform’s loan interest rate? Is it high? If the loan interest rate is too high, be careful of loan sharking (the Supreme People's Court stipulates that the annual interest rate of online loans shall not exceed 4 times the floating interest rate LPR). Whether the platform requires customers to pay in the name of guarantee and unfreeze the loan before it is received. You should know that all formal licensed consumer financial institutions generally do not charge any upfront fees before issuing loans. Whether to provide a private account during repayment and require the customer to return the private account. Customers should beware of the other party "running away"

3. We also need to pay attention to platform borrowing fees. When applying for online loans, we must pay attention to the loan fees. Because if you are not careful, you may fall into the trap of loan sharking. In terms of loan fees, annualized loan interest rate = monthly loan interest rate × 12 = daily loan interest rate × 365. If the annual loan interest rate of an online loan exceeds 36, it is considered usury. We can't borrow it. Before taking out a loan, it is recommended to check whether there are any hidden fees after your next repayment. For online loan platforms with hidden costs, it is best not to apply.

4. Also pay attention to the application materials required for loans. When applying for online loans, be careful to avoid disclosing too much private information to online loan platforms. However, necessary personal information should be provided, such as identity information, bank card number, mobile phone number, sesame score, credit report and other basic information, and no fraud is allowed. How to eliminate risk control?

1. Swipe the card mostly in large consumption places: such as department stores, supermarkets, etc. This proves that the user's current card usage is normal.

2. Increase the number of credit card swipes: Pay attention to the limit each time you swipe the card. Do not use up the card limit in just a few times. It is best to spend more and control the consumption limit to 70 of the credit limit.

3. Communicate with the bank: If the risk control is only due to abnormal account status, the risk control can be lifted after contacting the bank customer service.

4. Repay on time: After being risk-controlled, it is best to repay every installment on time and not to overdue, so that the risk control will naturally be lifted after a period of time.

How to lift the risk control of online loans? How long does it take to lift it? Internet genes, operating standards, distinctive business, and effective risk control are all the main elements that constitute the stable operation of P2P online lending platforms. The key to online loan risk control lies in the credit reporting system established behind the transaction to solve the problems of information asymmetry and low cost. How to remove online loan risk control? How long does it take to remove it?

Risk control determines the success or failure of the platform. Obviously, P2P online loan platforms are not all bad kids, but also have many model students.

There are many P2P online lending platforms that have developed into market leaders in car loans, credit loans, goods loans and other industry segments, and have received strategic investments of more than ten million US dollars.

Complying with national policies and insisting on its status as an intermediary, no compensation is involved. Such a platform will not suffer temporary large-scale cash withdrawal runs and capital losses. The platform does not promise guarantees, so naturally there will be no runs, and there will be no Systemic operational risks arise. However, the current prospects of the P2P industry are promising. Many platform newcomers are constantly emerging. Various company platforms are also actively seizing the market. Guaranteeing the safety of investors' principal has become one of the important means for various platforms to compete for customers.

In the final analysis, what can best protect investors’ income and principal security is risk control. Only when risk control is truly in place can the platform achieve true stability and security.

Let’s briefly describe the several necessary stages of risk control:

Initial review, review, final review, loan tracking, debt collection and overdue recovery.

We know that whether it is a credit or a mortgage, the initial review must first collect the borrower’s basic information. Because there is collateral, the information collected for mortgage loans is more targeted. For example, real estate information and ownership information are needed to determine the ownership of the mortgaged property.

The information that needs to be collected in terms of credit is more complicated, including the borrower's education, assets, work situation, ***, credit report, family status, etc., and the above information is only used as a proof of repayment strength. .

In addition, willingness to repay is also an important evaluation indicator.

So, how to determine the borrower’s willingness to repay?

There are many ways. You can determine it by communicating and checking whether there is a credit record, checking the usage of credit card, etc. If you don’t have a credit card, Usage records will not be considered, because credit card repayment records can reflect a person's enthusiasm for repayment and social responsibility. In addition, for all loan customers, the platform will send people to investigate and understand the borrower's situation through others. If there are any bad problems, the loan will not be granted. From this we know that the ability and experience of the risk control team are also very important.

Let’s talk about review. Review is a process of evaluating and scoring the borrower’s overall situation and judging the authenticity of the materials. All details of the borrower have a decisive impact on whether the loan can be successfully borrowed and the level of risk rating. Even if the borrower's hard indicators are met, those with a low overall scoring coefficient or that do not meet the loan score conditions will not be considered.

The final review is also crucial. The risk control team will demonstrate its previous views based on the situation of the borrower and the collateral, focusing on what to do if the borrower fails to repay. Usually the post-loan department will be involved in this process. As long as there are problems that cannot be solved in any link, the loan will not be granted. If the final review is passed, the normal process can begin.