No matter how much the negative loan is, the first thing is not to use the loan to support the loan. The annualized interest rate of 17% can nearly double in 4 years.
If the total amount does not exceed 50,000, the best solution is to explain it to family and friends, enlist their help, and land as soon as possible. I only found out last month that my daughter-in-law had a debt of 560,000 yuan. If she had told me three years ago that she was still within her ability to repay her debt at that time, I am afraid she would have laughed out loud in her dreams compared to now.
If it exceeds 50,000 yuan and it is difficult for ordinary families to take it out at once, then it is recommended to force the bank to go ashore, that is, all cards will only repay 100 yuan a month, waiting for bank negotiation.
Don’t trust any companies here that “help negotiate and suspend debts”. They just want to suck an extra bite of blood when you are anxious.
At this time, we cannot pay off all our debts at once. What we are most worried about are four points: 1. Unsafe credit, 2. Contact list exposed, 3. Home visits, 4. Being prosecuted or even sentenced.
Faced with my wife’s debt, we currently cannot pay it off at once. We have already planned to ignore the credit report. Anyway, it is like this. Just to maintain the credit report, the debt of 300,000 has been dragged down to 560,000. , labor and management don’t take high-speed trains and planes, is that okay?
Regarding the explosion of the address book, I have taken the initiative to call my relatives and friends, saying that the epidemic has caused unemployment and foreign debt. If I receive a call, I will tell you that we have also borrowed money from you. If you see a debt collection, I can help you. Just remind him to pay it back, and he will clear up the relationship.
If you want to visit your home, just come. I will record on my phone at home. You can come to the debt collector to interview and understand the situation. If there is any illegal behavior, I will report it to 110. The number of debt collectors who have been aggressive these days is probably much more than those who owe debts.
Finally, let’s talk about the court’s decision. Generally, it will not come to this point. If it does come to this point, the bank will think that you have no intention to repay the money. This is an approach that loses both people and money. The Supreme Law stipulates that if your assets are sufficient to offset the debt, the assets will be auctioned. If you no longer have assets in your name, you may go in, but you must meet the following three conditions at the same time: 1. The bank has called for 3 times and failed to pay off the debt (definitely satisfied) 2. The defendant has lost contact (so do not refuse to answer the call at all) Paying the phone, saying a few words and hanging up the phone after getting through are not considered lost contact) 3 The defendant has absolutely no willingness to repay (so it is necessary to repay 100 yuan every month to prove that you have the willingness to repay, which is not enough to pay off the debt now) ).
Only after these 4 tricks fail, the bank will honestly negotiate with you to suspend the account suspension. Time is on the side of the debtor. At this time, you propose to waive the interest and repay the principal in up to 60 installments. The longer the delay, the easier it will be for the bank to reach this agreement with you. Don't look at the 2,580,000 yuan they grabbed when collecting debts. Debts that could be used to collect the principal have turned into bad debts, and the bank has a headache. Last month, a bank sold a batch of bad debts at a 0.2% discount. It turned out to be bad debts, and the bank was more unfair than you.
Then work hard to make money, save up enough money to pay off one card, and pay it off at once. Do not pay it in installments. Installment will only further expand the debt and eventually turn it into debt. slave.
I don’t know if it can pass the review, let’s wait and see.
Organize the finances you owe, prioritize them, and plan a repayment list.
Living in this society, people will always be in debt for various reasons. When faced with debt, many of them, like me, had no experience at the beginning and were scared. But like this What can we solve? It won't change where your debt is. All we can do is go out, put down our dignity, and put down our bodies. Do what you can.
I remember a piece of news about an old couple in Jiashan. In order to protect their conscience, they paid off a debt of 480,000 yuan in their 70s after 16 years. Debt is not terrible, what is terrible is that people are knocked down by pressure. Pressure is a double-edged sword. If used well, pressure can become motivation. If used poorly, it can easily push people to a dead end.
Summary: Youth is hope. As long as you work hard and work hard, society will not let down those who work hard. Debt is a debt, but it is the heart that is tested.
With hope in your heart, all difficulties will be solved!
As of January 2020, I have 90,000 online loans, 300,000 credit cards, 370,000 mortgage loans, and 40,000 Ping An Puhui. My repayment strategy mainly focuses on repaying online loans and Ping An Puhui. High interest rates, ensuring that the credit card will not be overdue. During the period, the credit card limit was reduced. The traffic limit was reduced by 15,000. I filled up the card and stopped using it (the money to fill in the card continued to be loaned online). Everbright was reduced by 4,200 from 20,000, and the Agricultural Bank of China was reduced by 38,000. The amount reaches 26,500. Divide online loans into small amounts, fill up the small ones, and then loan out the larger ones with low interest and high interest. Then wipe out the small loans. While ensuring that each bill cannot be overdue, you must also ensure that you try not to repeat it again. Come on, saving is very important. Don’t do anything blindly. It’s better not to do anything if you make a mistake. It’s better to be quiet than to move. Repaying debt is nothing more than extending the time and lowering the interest rate. If the money in hand is very limited, then extend the time. You can borrow 36 installments. Things, or relying on relatives, just negotiate how much money you can guarantee every month. As of today, my online loan is gone, and I still have 240,000 unfilled on my credit card. My monthly mortgage payment is still over 2,000, and I am still short of 40,000. I personally repay 1,000 every month, plus the mortgage. The rest is to fill in the credit card and credit card fees. Haha, my monthly income is about 8.9 thousand, although I don’t work every month. That’s it. In addition to the mortgage and personal expenses, I fill in the credit card every month, which is 3,500. The rest is all expenses
If a family is in debt, it will be under a lot of pressure, and it may even feel that there is no hope for the future, it is very slim, and it makes people breathless. If you encounter this situation, Calmly deal with it, how to get through the current difficult situation, sell what can be sold, find a job that can make money, and pay off the debt as soon as possible. This is the main thing. Being called for debt every day makes me feel collapsed.
Life is not smooth sailing. Sometimes it will be rough, and sometimes you will be in debt. How to get out of the trough when you are in debt, personal opinion, for reference only:
Don’t be afraid of being in debt. First of all, don’t be knocked down, otherwise there will be no hope of turning around.
Find out the reasons, why this happens, and where it is best to fall and get up.
Don't break the pot, think about it, you still have family who need you, cheer up, start from scratch, don't be too high-minded and too low-handed.
You must work hard to earn back the money you owe others and return it to others. Don't let others lose credibility with you.
Life is not easy, come on strangers!
Debt is not terrible, the terrible thing is using loans to support loans!
There are generally three types of liabilities: 1. Failure to start a business; 2. Excessive consumption; 3. Gambling or being cheated (including but not limited to pyramid schemes, financial fraud, guaranteeing others, acquaintance fraud, etc.); 4. , home loan and car loan.
I won’t go into details here about why you are in debt. You just want to know what to do if you are in debt. If you owe money to a credit card or online loan, I advise you to stop as soon as possible before it is overdue. If you need a loan to raise a loan, confess it to your family immediately, seek their forgiveness, and face it together. If you are overdue, then give priority to negotiating with the bank for interest-free installments, try to negotiate 60 installments, and wait until the bank's debt is resolved before handling the online loan
After working for three years, once you return to Jiefang Before, how cool I was before, but how embarrassed I am now. Trying your best to pay back the money while maintaining a living, and pay it back early to be liberated. It is really a race against time.
It depends on the reason.
Your reason is that your relatives are anxious to use it
I am just a little more relaxed. I owed a lot before, but they were all from my relatives, so I didn’t push them much, but I knew it in my heart.