Is there any way to repay Renren's loan by remittance to the public account directly provided to Renren?

Most loan companies will collect the money when the borrower is overdue, which is the most cost-effective method. Therefore, if the borrower is overdue, the first thing to face is the "telephone bombing" of everyone's loan collection personnel.

2. Home visits

Many borrowers have received short messages from everyone after the deadline, saying that they will send staff to their homes and the public security organs will collect evidence. In fact, from the feedback of netizens, it seems that Renren Loan has not taken such measures, probably because the overdue amount of the borrower is not particularly large, and serious overdue cases will generally be solved directly through litigation.

In addition to collection, there are also these effects: penalty interest+management fee+credit rating decline.

Step 3 pay part in advance

Some borrowers said that if it is difficult to repay everyone's loan in full after receiving the dunning call, they can repay part of the amount first and then repay the remaining arrears. For this collection method, the borrower should keep a certain vigilance, and it is best to repay in full as soon as possible in accordance with the contract. If possible, part of the repayment should also be made through official Renren Loan APP, official website and other channels. Don't directly transfer the other party's private account to avoid fraudulent phone calls.

Step 4 sue

If the amount is relatively large and overdue for a long time, everyone can sue the borrower to get back the arrears. If the borrower fails to repay the loan within 15 days after receiving the payment order from the people's court, and does not raise a written objection, the loan for everyone has the right to be enforced by the people's court.

To sum up, if you choose to borrow from Renren.com, you must pay back the money on time according to the contract, and consider whether you have the repayment ability before lending, otherwise it will cause a series of troubles.