China People's Property Insurance Co., Ltd. will deduct the premium from the loan principal after the money is received from Jiufuwanka loan.

It is reported that the premium charged by China People's Property Insurance Co., Ltd. Foshan Branch stipulates that if the borrower fails to repay the loan on time, the insurance company will bear the repayment responsibility. And you can't ask for a refund of the premium. The reason is that there is a clear prompt on the loan page, and the applicant agrees to buy this insurance before borrowing. Therefore, the winning rate of prosecution is not high.

Jiufuwanka can't afford it. Users can choose to negotiate repayment with Jiufuwanka. First of all, you need to show your attitude and explain that you are willing to repay, hoping to reduce some interest. Then Jiufuwanka will decide whether to approve the user's application according to the actual situation. If it is agreed, the user will repay the loan according to the agreed time. The application was rejected, so the user can only repay the loan according to the original contract.

Even if the interest cannot be reduced, users can apply for an extension of repayment, and after the extension, they can have more time to collect the repayment amount.

Extended information

If Jiufuwanka fails to pay back, it will affect the credit information, which will affect the personal credit information. Moreover, Jiufuwanka will not charge 5% of the unpaid principal in the current period as a late fee, and .1% of the unpaid principal as a penalty interest, thus aggravating the borrower's debt. In addition, after Jiufuwanka fails to pay back, there will be a staff member who will make a dunning for the borrower. If the borrower fails to repay the loan after withdrawing the dunning, it will even be sued by Jiufuwanka.

Jiufuwanka will grant a corresponding credit line according to the user's credit standing, and the maximum amount can reach 15, yuan. However, compared with banks, the interest on borrowing on this platform is relatively high, but it is not usury. The limit of the annualized rate of usury is 36%, so Jiufuwanka is still a legal lending platform.

phoenix. com-44,2 yuan of loan will be deducted from the premium of 16,2 yuan! Jiufuwanka and PICC are controversial

What should I do if Jiufuwanka can't afford it?