How to apply for an overdue loan?

1. Get a loan from a pawn shop

If the borrower can provide collateral, even if there is an overdue record, he can also get a loan from a pawn shop Banks can obtain loans, but this method is only suitable for short-term cash flow.

2. Find a loan company

Some loan companies have looser requirements for borrowers, and the borrower has a higher chance of successfully obtaining a loan. However, the loan interest rate of the loan company is higher than Banks are much higher, so borrowers need to be careful.

3. Private lending

Private lending does not have high requirements on the borrower’s credit. The loan amount and interest rate are agreed upon by both parties. However, private lending interest rates are higher and the borrower must We must act within our capabilities.

Being overdue will have a great impact on you. Everyone should pay more attention to it in life. You must take good care of your credit report. If you are on the bank's blacklist, you must protect yourself. What a trouble it brings!

4. Loan intermediaries

If you really need money but cannot successfully apply for a loan, you can also go to a loan intermediary for help. Loan intermediaries have a very good understanding of the industry and know exactly which financial institutions the borrower meets for loan application. They can even handle a series of processes from loan application to successful loan disbursement.

5. Credit card borrowing

If the borrower has a credit card in his name, he can also borrow money using a credit card.

According to bank regulations, half of the credit card limit can be borrowed directly in cash. Even if your credit report is overdue, the success rate of borrowing money using a credit card is relatively high. If you have a lot of credit cards, the amount of money you can borrow will be quite large.