I don’t know if you have noticed that the debt situation of many debtor friends is very polarized. Although there are many platforms for arrears, most of them are either a bunch of online loans or not even a credit card. Or you have many credit cards but no loans from online lending platforms.

Xiaosuke has been dealing with debt for many years. In summary, he found that many people over the age of 30 have the habit of using credit cards, but rarely use online loans. Most of the people who use online loans are under 30 years old, and there are many more people who are overdue on online loans than those who are overdue on credit cards.

Everyone knows that whether it is a credit card or an online loan, if you do not repay after the due date, you will very likely be held legally responsible. For banks and online loan platforms, as long as three or more effective collections have been carried out within three months and the debtor still has not repaid, then legal proceedings can be taken directly.

When many debtors are unable to repay their debts, interest and liquidated damages will continue to rise. This is also one of the fundamental reasons why debtors cannot repay their debts. In addition, many debtors use loans to finance loans, which makes more and more debtors unable to repay, or even give up directly.

Credit cards generally have an interest-free period of 30 to 50 days. If you make installment or minimum repayments, interest will accrue. However, these are within the scope of interest stipulated by national laws. The interest rates of online loans are all different and are set by their own platforms. Some platforms even exceed the interest rates stipulated by the state, and there are more tricks. Online loans fall within the scope of private lending. If repayments are not made on time, the platform can pursue legal liability, but it will not constitute criminal law.

This is our priority for repaying online loans and credit cards that are overdue. To put it simply, as long as you have to deal with the bank in the future, you can't offend the bank and pay off the credit card first. In fact, whether it is a credit card or an online loan, it is best not to be overdue. If you really have no choice but to overdue, you should negotiate with the bank before overdue, apply for interest suspension, and other methods to prevent yourself from falling into the crisis of high debt.

In fact, the best way to go ashore is definitely not to escape. Instead, you should actively deal with it. Even if you are unable to repay the situation, you must actively solve the problem, especially after the online loan or credit card is overdue. , if you want to stop the loss in time, you must deal with it quickly, otherwise the debt will accumulate for a long time and enter a vicious cycle until it is unable to repay.

Most credit cards are for local-speaking customers, and the process of applying for a card is cumbersome. Apart from making some co-branded cards with other platforms, they rarely do any kind of advertising on the Internet. This has caused many people to be dissatisfied with it. familiar. Online loans are all online loans, which are simple and easy to operate in comparison.