What should I do if I owe dozens of online loans? What if the online loan suddenly stops calling?

What should I do if I owe dozens of online loans? What if the online loan suddenly stops calling?

What should I do if I owe dozens of online loans?

At present, the problem of peer-to-peer lending has attracted people's attention. Some people benefit from the online lending platform, some people get convenience from the online lending platform, but some people fall into debt abyss because of the online lending platform.

Some online loan users owe dozens of online loans, so what should borrowers do in this case?

It is natural that the money owed should be paid back. Faced with this situation, borrowers should face it positively. Running away won't solve the problem. As long as you find a way, you can always solve it.

Don't think about running away, and don't feel that you can't bear the economic pressure and choose to commit suicide. You have to bear it bravely

If there is not much debt in each loan platform, you can try to negotiate repayment with the platform staff and then work hard to pay off the debt.

If the user owes a large amount, it is recommended to borrow money from relatives and friends around him, pay off the arrears of the online loan platform first, and then repay to relatives and friends. After all, there is no need to pay interest on borrowing money from relatives and friends.

The loan interest of the online lending platform is not a small expense, so that borrowers can pay off their debts as soon as possible and then live a normal life.

What if the online loan suddenly stops calling?

Generally speaking, it is not that the online loan suddenly stops the collection, but the collection method does not allow the platform to recover the arrears, so the online loan platform may have changed the collection strategy.

The platform may outsource the collection work to a special collection company, so borrowers may face more frequent telephone collection or even door-to-door collection. The loan platform outsources the collection work to the collection company, which does not rule out that the collection company will violently collect the borrower.

Another possibility is that the platform stops collecting calls and the platform is ready to sue the borrower. If the overdue amount of the user is large and the arrears are long, and the arrears have not been recovered after repeated collection by the platform, then the platform can sue the borrower.

So the platform suddenly stopped calling. It is very likely that the platform is going to collect relevant information to sue users who owe money. Therefore, it is suggested that the borrower take the initiative to contact the loan platform to explain the situation and repay the arrears.