What should I do if I receive a reminder letter?

First of all, we should deal with it calmly and get in touch with the loan company in time. Secondly, I told the other party that I was willing to repay, but because I actually met some difficulties, I wanted to see if I could negotiate installment repayment or deferred repayment. If the negotiation fails, I have to wait for the loan company to sue in court.

1. What should I do if I receive the notice letter of online loan dunning?

The collection letter received by online loans is only a collection method of online loans. At this time, users only need to take the initiative to contact the collection agency to indicate that they will repay as soon as possible, and the collection letter cannot be ignored. Of course, if you receive a collection letter indicating that the lending institution knows the specific address of the user, if the user insists on not repaying the loan, you may encounter offline collection. Therefore, the arrears of online loans must be repaid on time, otherwise it will not only affect the collection, but also lead to poor credit information, and it will be difficult to handle credit business in the future. After receiving the reminder letter, immediate repayment is the most important thing, which can be handled in the following ways:

1, try to collect money and repay as much as possible. You can turn to friends and relatives and pay in one lump sum.

2. Take the initiative to contact the loan company to explain the overdue situation and strive for the opportunity of interest-free installment.

3. Strive to increase income and reduce unnecessary expenses.

4. Arrange debts, plan repayment reasonably and avoid being sued.

Second, what are the consequences of overdue online loans?

1, and bear high overdue fees.

For overdue fees, different online lending platforms have different names and different charging standards. Whether it is called overdue penalty interest, overdue management or other various names, the charging standard is very high. Therefore, those who have the ability to repay on time should never be overdue.

2, undertake the platform fancy collection.

3. Credit information is polluted.

At present, most online lending platforms have not been connected to PBOC's credit information system, but it has become an inevitable trend to connect to PBOC's credit information system. In the future, if the online lending platform fails to repay the loan within the time limit, it will be recorded in the credit information system of the People's Bank of China, just like bank loans and credit cards that are overdue, causing credit stains. If the previous consequence is only losing face, then the stain of credit information will affect real life, and there is no way to borrow money if you want to buy a house, no way to mortgage if you want to buy a car, and so on.

The defendant went to court.

After the loan is overdue for a long time or deliberately not repaid, after the amount exceeds 2000, it can already constitute a fraud crime and is in danger of being sued by the online lending platform. Once the court decides that the online lending platform wins the case, the borrower not only has to pay the money that needs to be repaid, but also pays the litigation costs and huge fines of both parties, and even faces jail time.

It can be seen that online loans need to be repaid within the specified time, otherwise it may bring you a lot of unnecessary trouble and bear high interest, if it is because of special circumstances.

The situation really can't be paid off within the specified time, so we must communicate and negotiate the repayment time with the corresponding loan platform in time.