What will happen if Mangli's loan is overdue?

Once the borrower fails to repay the loan within the time limit, the common contacts will be bombarded first, and your closest people such as parents, spouses, relatives and leaders will be bombarded first according to the number notes in the address book. The purpose is to let everyone around you know that your name will be destroyed in disguise. If you refuse to repay the loan, the severity will rise from exposure to harassment, and you will keep calling and texting your parents.

Home collection.

It is impossible to collect ordinary online loans at home because the cost is too high. If it is a local loan company or bank financial institution, you can arrange someone to come to know the situation. Since the country began to crack down on gangs, the violence of those usurers has been greatly reduced. Now advocate civilized collection. If you encounter usury, remember to keep the evidence and call the police for help.

Negotiate repayment.

The original intention of online lending is still to make money. The minimum standard is to recover the cost, not to force the borrower to death. So you can seize the opportunity to negotiate repayment, meet the requirements of national laws within your own tolerance, and negotiate repayment. Remember to go through the formal channels and don't be cheated by the collection.