When you can't repay the loan, you can only ask people around you for help as much as possible. Therefore, it is suggested that lenders apply for loans according to their own economic strength;

2. Apply to the bank for extension:

If the lender fails to recover the loan for many times, the creditor will directly deal with the collateral to pay off the remaining debts. If there is a reason, you can apply to the bank for a loan extension 30 days in advance. If the bank's investigation is true and it is considered qualified, it will be approved, reducing the monthly repayment amount and extending the loan period.

3. Share the loan with the guarantor:

In principle, owing a bank loan is not a civil dispute. If the bank obtains the effective judgment of the court, it can apply for compulsory enforcement of other fixed assets of the parties, such as row houses and cars. If the parties maliciously fail to repay the bank loan, it may constitute a crime of refusing to execute the judgment at this time. In this case, there is the possibility of being investigated for criminal responsibility.

At present, no matter whether lending in rural commercial banks or other banks, it is necessary to provide relevant materials such as identity documents for review according to the requirements of banks, and the loans will only be released after the approval. Of course, for some online loan users, we must pay attention to our ability to repay after the event. After all, the online loan has not been repaid, and it will face various collection and litigation activities.