After online loans and credit cards are overdue, many friends are often overwhelmed by the pressure of collection, and it is difficult to keep calm and think, and it is difficult to calm down and analyze whether what the collection staff said is true or not, let alone how to plan repayment.

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Suggestion 1: Don't blindly repay the debt

Blind debt is difficult to pay off

Although you rack your brains to keep paying back, the interest generated after overdue debt is still steadily generated. You also paid a large amount of money to deduct high penalty interest and liquidated damages. If you haven't realized this fact and have been paying back blindly, then your state is that interest is rolling. Therefore, the loan is finally supported and the debt is getting higher and higher!

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Recommendation 2: Stop the loss in time and stop the repayment

Loan abyss

Many friends around me who have credit cards complain to me. They support their credit cards with credit cards and loans every month. This monthly cycle of life is unbearable and finally close to the brink of collapse. This situation is a common problem for most people. If they can't repay it, it will increase their living burden!

since you have lost your repayment ability and can't repay your debts, stop repayment and stop loss in time! Plan the monthly repayment ability, and then negotiate with the platform to stop, pay in installments or repay the principal in one lump sum, and reduce a small amount of interest at most.

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Advice 3: Avoid procrastination and cooperate as soon as possible

Plan rationally and avoid risks

Many friends around me will ask, negotiate with the platform to repay only the principal or add a small amount of interest. Will this platform agree? This is entirely possible, because many debtors have proved its feasibility. In fact, this is not difficult to understand, because many platforms themselves have many unreasonable behaviors, such as exploding address books, soft violence, illegal collection, etc., and the cost of suing the court is relatively high, instead of turning debts into bad debts, it is undoubtedly a better choice to recover the principal. In fact, debt is not terrible. What is terrible is that many people don't know how to plan their debts, their thinking is confused, they borrow money to support loans, and finally, all the money is used to repay the high penalty interest and liquidated damages. Plan debts correctly and reasonably, make clear your repayment concept, avoid risks and plan your future life.