The online loan is overdue. They bombarded my address book with text messages. What should I do?

Timely repayment, solve the fundamental problem.

Paying off debts is a matter of course. Therefore, even if online loans are not repaid, online loan users need to find ways to pay off their debts. Don't shirk your debts. This will only make everyone owe more and more money. Generally, only borrowers have the determination to pay off their debts, so it is not impossible to go ashore. Here are some ways to help you get ashore quickly:

First, immediately stop raising loans with loans.

When many online loan users are unable to repay their debts, they will go to the road of raising loans with loans. The loan needs to pay interest. If you support loans with loans, it will only make everyone farther and farther away from the shore. Therefore, if there is a situation of supporting loans with loans, it must be stopped immediately.

Second, sort out your debts.

General online lending platforms will provide microfinance services. If borrowers owe more than they can pay, most of them will borrow from multiple lending platforms. If you don't know the overdue situation of your online loan, you can make a credit inquiry in Sino-Swiss Data.

There are detailed data such as multi-head loan records, overdue days, overdue amount, overdue platform and blacklist. Just find this official WeChat account. In the case of multiple debts, borrowers need to sort out their debts. In order to avoid more loan interest expenses, it is suggested to pay off the debts with higher loan interest first.

Third, negotiate with lending institutions to make a scientific repayment plan.

When it is difficult to repay the debt, the borrower should take the initiative to contact the lending institution, and then consult with the institution to see if it can apply for extension or reduction of part of the loan interest fee, and then the user can repay the debt on time according to the negotiated treaty.

Extended data:

Online lending is essentially private lending, and the state has some strict regulations on the interest of private lending. Only the part with an annual interest rate below 24% is protected, and it is illegal to exceed 36%, which means usury.

However, the actual situation is that in order to obtain higher interest and profits, online lending platforms increase the interest of borrowers in various forms. For example, beheading interest, membership fees, handling fees, deposits and even deliberately let borrowers overdue, thus charging high overdue fees.

Once the borrower fails to repay the loan on time, the online lending platform will bomb the borrower through violent collection, which will not only affect the borrower himself, but also affect relatives and friends. They will also be harassed and even maliciously send photos of the borrower, which will have a very serious impact on the borrower's life.