Can I negotiate to repay the principal if I borrow money from Weibo?

Weibo can negotiate to repay only the principal when borrowing money, but in this case the borrower must be overdue for a long time, and the loan may become a bad debt. At this time, the borrower negotiates with Weibo Borrower and indicates that he is insufficient in repayment ability, but is willing to return the principal. Weibo Borrower will waive part or all of the interest based on the actual situation. At this time, the borrower only needs to repay the principal.

But generally speaking, when borrowing money from Weibo, they are not willing to negotiate and only repay the principal. After all, there is a time cost involved in borrowing money. Is it true that Weibo borrowed money to repay the principal and write off the account?

It is true.

Weibo can negotiate to repay only the principal when borrowing money, but in this case the borrower must be overdue for a long time, and the loan may become a bad debt.

Weibo Loan is a credit service product under Weibo. Its operating entity is Weiju Future Technology Co., Ltd. It mainly provides financial services to people in need on Weibo. It was launched in March 2017. moon. Weibo Lending mainly provides financial services to urban white-collar workers, individual practitioners, young people in small towns and other groups in need on Weibo. The average age of users is between 25-45, and the credit limit is mainly between 500-50,000 yuan. How to negotiate repayment when borrowing money from Weibo

If users want to negotiate repayment when borrowing money from Weibo, they first need to submit an application for deferred repayment before it is overdue. Here, you can choose to proactively call manual customer service. After explaining the reasons for applying for deferred repayment to customer service, Weibo Loan will conduct a comprehensive evaluation based on the user's application reasons, product usage, etc., which means that there is a certain chance that the application will be successful.

However, a small number of times, users must repay on time. After all, if users are allowed to defer repayment, the risk for Weibo settlement is greater.

You need to pay attention to several points during the repayment negotiation process: your attitude must be sincere, and secondly, you must insist on making several phone calls or go directly to the bank branch to negotiate with staff in person, because the ultimate goal of the bank is to recover the money. In addition, there may be a high amount of interest during the negotiation process, which is also negotiable. One customer owed China Merchants Bank 8,000. For two years, the cumulative repayment was close to 50,000, and finally negotiated to repay 13,000;

Reminder: Regardless of loan or credit card, if you encounter an overdue payment, you must remember to call the bank to communicate and negotiate, and pay back more or less every month to show the bank that your attitude is good. Never change your phone number or refuse to answer the call, otherwise a blacklist in your credit report will affect all aspects of your life.

Methods for negotiated installment after overdue:

1. Go to a civil law firm to find a lawyer to negotiate on your behalf. This method is faster, but you need to pay a certain fee to the lawyer. I believe you all I don't want to take the money either. Then you can try the second one.

2. Complain to the Banking and Insurance Regulatory Bureau of the overdue credit card bank about the bank’s unreasonable behavior, request the Banking and Insurance Regulatory Bureau to intervene in coordination, and indicate that it is willing to resolve the dispute in the form of negotiated installments.

If the Banking and Insurance Regulatory Bureau accepts the request, the bank will stop the reminder and call to negotiate installments. So please don’t shut down your phone to avoid payment.

Notes on self-negotiation:

1. Be sure to negotiate with people at the bank’s credit card center, not with personnel from third-party outsourced debt collection companies.

2. If the credit card is overdue for less than two months, this is not the best time for negotiation, because the bank has not paid much attention to the cardholder. When the debt has been collected for 1-2 months and is probably 2-6 months overdue, you can negotiate.

3. Talk about difficulties, express strong willingness to repay, and clearly state your repayment ideas. How to negotiate for deferred repayment when borrowing money from Weibo

After the loan from Weibo is overdue, the user needs to call the customer service hotline of Weibo Borrowing, first explain the reason for the overdue payment to the customer service, and then submit an application for negotiated repayment. . After customer service receives the application, it will ask the user to submit relevant supporting materials for review. If relevant materials cannot be submitted, the probability of successful negotiation will be reduced. If relevant materials can be submitted, the probability of successful negotiation will increase.

If the negotiation is successful, the user can repay according to the negotiated agreement, that is, the repayment of the debt can be postponed. If the negotiation fails, the user must repay according to the previous repayment plan. If the loan is not repaid on time, Weibo's loan will be regarded as overdue. In order to avoid overdue payments, users are asked to try their best to repay on time. If they are unable to repay on time, they should also find ways to raise money to repay.

Overdue borrowing money from Weibo will generate overdue records and overdue interest. Overdue records will seriously affect personal credit, and overdue interest will increase the user's repayment burden.

Notes:

1. Negotiate with the overdue platform to extend the payment and use the delayed time to raise repayment funds.

2. Truthfully explain your situation to your family. In this case, only your family can help you for free and borrow money from friends to make up for the debt.

3. Mortgage the assets on hand to repay the loan to reduce credit and property losses caused by overdue loans.

"Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 26 If the interest rate agreed between the borrower and the borrower does not exceed the annual interest rate 24, the People's Court shall require the lender to request the borrower to pay interest at the agreed interest rate. be supported.

Any interest agreement that exceeds the annual interest rate of 36% between the borrower and the borrower is invalid. The People's Court shall support the borrower's request that the lender return the interest paid in excess of 36% of the annual interest rate.