Send a text message to the emergency contact the next day after the installment is overdue.

This is a collection, depending on your present situation. Pay it back if you have money. If you have no money, you can't do anything. But you should be prepared. If you can't repay as required for the time being, the next step is to explode the address book. At that time, everyone in your family knew that you would not pay back the money you borrowed. This is even worse. I suggest you make it clear to your relatives and friends first, so that they can get ready and avoid being harassed by the collection. At the same time, installment music will affect big data after it is overdue. You can use a third-party platform to query, such as (WeChat 1, annual data in meow data), etc., to avoid problems such as ID card risk list, small loan risk list and loan blacklist without knowing it. Moreover, most of the employers on this platform are in line with credit reporting, so there will be tainted records after the deadline, big data and credit reporting will be damaged, and basically no loans will be obtained. Therefore, if you want to borrow money in the future, you must always pay back the arrears, but you can negotiate with the platform to reduce interest, and it is best to only pay back the principal.

Read the full text