Is it a loss to reply to the text message after the online loan is overdue?

It is not a loss to reply to the text message after the online loan is overdue. Although SMS reply is a repayment method, I think the overdue online loan should be based on the real repayment behavior. The following is my detailed explanation:

First of all, replying to SMS is just a simple way of communication, and it can't really solve the problem of overdue repayment. SMS reply can not guarantee the timely arrival of funds, nor can it solve the problem of overdue penalty interest and liquidated damages. Therefore, simply replying to text messages is not a real repayment behavior.

Secondly, overdue online loans need to be repaid according to the contract and negotiation between the two parties. Under normal circumstances, the online loan contract will clearly stipulate the repayment method and time limit, and both parties need to make repayment according to the contract. If you just reply to the text message and don't actually repay it according to the contract, it can't be regarded as a real repayment behavior.

In addition, overdue repayment of online loans will have a serious impact on personal credit records. Personal credit record is an important basis for financial institutions to evaluate personal credit status. If you are in arrears with online loans for a long time and only reply to SMS without repayment, your personal credit record will be damaged. This will make financial activities such as personal loans and credit card applications difficult in the future.

In summary, online loans that only reply to SMS after the deadline cannot be counted as lost. The real repayment behavior should be based on the actual repayment, not just replying to text messages. At the same time, the overdue repayment of online loans should be carried out according to the contract and negotiation between the two parties, otherwise it will face the consequences of personal credit record damage.

Extended data:

Overdue repayment of online loans is a common problem. According to the data of China Internet Finance Association, by the end of 2020, the overdue rate of online loan industry will be about 4%. Online lending platforms usually use various means to collect overdue payments, including telephone notifications, SMS reminders, and door-to-door reminders. However, just replying to SMS is not enough to solve the repayment problem, and the repayment person needs to take practical actions to fulfill the repayment obligation.

For borrowers, timely repayment is an important way to protect personal credit records. The evaluation of personal credit records is not only concerned by financial institutions, but also involves other aspects, such as employment and renting houses. A good credit record will help individuals get more financial convenience and credit support. Therefore, when borrowers encounter overdue online loans, they should communicate with the lending platform in time and actively take repayment measures to avoid the impact of bad credit records.

In short, online loans that only reply to text messages within the time limit cannot be counted as lost. Repayment should be negotiated with both parties according to the contract, actual repayment actions should be taken to solve overdue problems, and personal credit records should be maintained.