Credit cooperatives in the loan is really unable to repay, should take the initiative to negotiate with lending institutions to extend the repayment period or installment. It is best to provide proof that I am unable to repay, such as unemployment certificate, bankruptcy certificate, disease certificate, etc. , so that the bank may consider it at its discretion and may agree to the lender to postpone repayment or formulate a personalized repayment plan.

Apply for loan extension: If you can't repay the loan on time, you can apply to the bank for extension.

The purpose of this is to show the bank your determination to repay the loan with a positive attitude, and to apply for a certain extension to gain more time for your repayment. There are only a few issues that should be noted when extending loans. The application shall be filed 30 working days in advance, and if there is a loan guarantor, a written certificate that the guarantor agrees to extend the loan and continue to guarantee shall be issued.

Try to pay the minimum repayment in installments: credit card consumption and installment consumption are a shopping method that many young people like. Once shoppers spend irrationally, it is easy to produce a situation that the shopping amount is greater than their repayment ability. In this case, you can try the minimum repayment amount or apply for bill installment, which will not affect your credit history, but the disadvantages are obvious and will generate a lot of interest or handling fees.

If the debt is not settled for a long time, it is likely to be regarded as malicious default by the bank. At this time, the bank may file a lawsuit, and the daily life of the lender will be restricted. If you owe money, you should still find a way to pay it off. If it is delayed all the time, it will not only solve the problem, but also get the lender into debt.

If the loan of rural credit cooperatives is not paid, the consequences will include:

1. Bad credit records left in personal credit directly affect the borrower's future loans;

2. Generate penalty interest. On the basis of the original loan burden, increase the economic burden of penalty interest;

3. take a lawsuit. If the borrower fails to repay the loan of the credit cooperative after repeated reminders, the credit cooperative may take the borrower to court; If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

4. If collateral is used as collateral, the loan bank may auction the collateral after being allowed to repay the amount owed by the borrower.

Second, what should I do if I owe a loan to the rural credit cooperatives?

What are the consequences of the loan money?

If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

When accepting compulsory execution, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;

If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Basically, it won't affect, and you can repay on time in the future.

Extended data

The simple and popular understanding of loan is to borrow money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

titular

At present, applying for personal loans to spend in advance has become a lifestyle that people gradually accept. Enjoy first, then consume, and get personal loans, so that modern urbanites with an increasingly accelerated pace of life can alleviate the pressure brought by all aspects. In recent years, by continuously expanding personal loan business, banks have launched a series of comprehensive and fast personal loan services. For example, personal consumption loans, including personal study abroad loans, personal travel loans, personal car loans and so on. So, what conditions do all kinds of personal loan businesses need to meet?

Generally speaking, to apply for a personal loan, you need to meet the following conditions:

1. A China citizen who has a permanent residence, permanent residence or valid residence certificate at the place where the loan bank is located, is under 65 years of age (inclusive) and has full capacity for civil conduct;

2. Have a proper occupation and stable income, and have the ability to repay the loan principal and interest on schedule;

3. Have a good credit record and willingness to repay, and no bad credit record;

4. Being able to provide legal, effective and reliable guarantee recognized by the bank;

5. There is a clear loan purpose, and the loan purpose is in compliance with relevant regulations;

6. Other conditions stipulated by the bank.

Generally speaking, for personal comprehensive consumer loans, personal credit loans and other loan types, the conditions for applying for loans are largely based on personal credit accumulation in banks. At this time, when applying for a loan, try to submit some materials that can increase your credit, such as academic qualifications and income certificates. The higher the credit accumulation, the larger the loan amount.

(Baidu Encyclopedia-Loan)

Third, how to deal with the loan owed by my father to the credit union for 20 years?

1, the premise of repaying the loan is to leave enough for the elderly.

2. Old-age insurance, the full name of social basic old-age insurance, is an important part of a barrier system established by the state and society according to certain laws and regulations to solve the problem that workers reach the working age limit stipulated by the state to relieve their labor obligations or because of their basic life after retirement. It is one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with stability.

4. What about loans overdue, Credit Union?

According to the General Principles of the Civil Law, the limitation period for requesting protection of civil rights from the people is two years, unless otherwise stipulated by law.

The limitation of action for a loan contract of a credit cooperative is two years. That is, the bank fails to collect the loan within two years from the date of maturity, that is, it exceeds the limitation of action, and then it will no longer support its claim.

However, if the bank continues to collect the loan after the loan expires, there is no problem of exceeding the limitation of action. Banks have a special legal department, and all loans will be legally collected, which will not exceed the statute of limitations.

In loans overdue, it is best for credit cooperatives to pay off in time or ask for an extension; Otherwise, it will affect personal credit information, or it will.