Which one do you choose between being overdue now or using loans to support loans until the loan reaches 500,000 and then overdue?

In fact, many people were forced to have no other choice. In the end, the capital chain was broken and they overdue. Then they learned a bloody lesson: Don’t use loans to support loans.

Most people understand this truth, but they just can’t do it. Why? Because I am afraid that my family will know, I am afraid that my colleagues will know, and because I feel that I have the ability to make a profit, and I will be able to pay it back gradually as my income increases in the future. If you carefully weigh the following three aspects, you will know that using loans to support loans is really a dead end. What the predecessors said really comes from experience.

1. The concepts of handling fees and interest rates are vague.

Many platforms calculate handling fees based on daily interest. When you see it in front of you, 1,000 yuan a day only costs 50 cents. When you look at it, it’s really cheap. Can you still afford 50 cents? I can afford to pay back 100 5 cents, and then I take out a loan without thinking or calculating. As everyone knows, this daily interest rate of RMB 50,000 is converted into an annual interest rate of up to 18. In 2020, the benchmark interest rate for bank loans with a term of more than 5 years is only 4.65. You calculate how many times this exceeds.

My Alipay and Weilidai each have a quota of 170,000. I contribute 4,000 yuan in interest a month to these two alone. Do you think it’s scary? 2. Be blindly optimistic about your income growth.

Your choice to use loans to support loans to ensure that your debt does not explode is based on the assumption that your income can continue to grow. However, in the current generally bad economic environment, Not to mention whether your income can increase by 18% per year to cover the expensive handling fees, it is still unknown whether you can keep your current job.

In February 2021, Mercedes-Benz, the world-famous international automobile giant, announced that it would launch a larger layoff plan and cut another 10,000 jobs on top of the existing 10,000 layoffs.

Large companies are overwhelmed by the impact of the epidemic, and many small and medium-sized enterprises are even more unsustainable. Why should you be optimistic?

3. Risk control of the platform.

You have taken out a lot of loans. Many platforms will not wait until you are overdue and will directly reduce the amount for you. Think about it because you have no money and you have to borrow one thing to make up for the other. Now they won’t let you borrow money. What should you do? Your set of operations is based on the platform providing you with a loan. The problem is that this foundation is determined by others and cannot be controlled by you. This is a man-made situation. You have no initiative at all. You can control it. It is almost impossible to maintain this cash flow until the debt is paid off. If one company tricks you a little bit, your cash flow will be completely cut off.

Finally, let’s summarize and answer this question:

1. There is no overdue loan to support the loan, the amount is small, and the repayment is quick, 5 years after repayment Credit cleaning is another good thing.

2. If you use a loan to support a huge debt that you cannot repay, it is still overdue, and your family has been greatly harmed. The repayment period is long. After repayment, add 5 years, and your debt will be overdue. Only with credit can you clean up your credit, but by that time you may be over 50 years old, and banks have basically stopped lending to people of your age, so why do you still need to ask for credit?

When you use loans to support loans, it means that your repayment ability is not very good, so you can only choose to use loans to support loans, but those who use loans to support loans have the last There is only one end, more and more debts, and in the end you have no choice but to overdue. Unless you get rich in a short period of time, there is only one way to go overdue. Why are you afraid of overdue? It is just because you are afraid of the people around you. Friends and relatives will treat you badly if they know about it. You are afraid that your address book will be exposed and your credit report will be hacked. If you think this way, it is wrong. People who have bad opinions about you mean that your relationship is not good, so why do you care? In fact, you have a good relationship. They really won’t alienate you because you owe an online loan, but they won’t mention it in front of you. When you really can’t repay it, you will be forced to go ashore overdue. If you don’t have any money to eat, you still care. Then what is the purpose of credit investigation? In short, using loans to support loans is a dead end, and there is still a big pit waiting for you. I started with 10,000 yuan and used loans to support loans for more than two years. In the end, the end of the year I had to pay back the interest even if I didn’t make any money, and I still owed more than a dozen dollars. After thinking about it, I chose to go ashore overdue. After I was forced to go ashore, I found that I felt really relaxed and devoted myself to making money. I no longer had to worry about every repayment day and night. And if you can't sleep, don't be afraid that your family will scold you and disturb you. That's just the beginning. It's best to directly block unfamiliar numbers on your mobile phone. As long as it's not a bank credit card or online loan, you don't have to accept it. Even if you accept it and have no money, you will still be charged. If your address book is exploded, just don’t answer the call, otherwise you will find that you are no longer in the mood to work after you answer the call. Don’t borrow money to support the loan. If you can borrow money from friends and relatives to repay it, borrow it. If you can’t borrow money to repay it, choose Overdue it,

If using loans to support loans can solve the problem, it is still a solution, but it often only allows you to live a few more months. In the end, it is overdue and the problem becomes more serious, so we should face it Just face it and negotiate a settlement after it is overdue. The purpose of the lender is just to get you to pay back the money, not to kill you. There is always room for communication

I will tell you my experience to support you with a loan What a terrible thing it is to take a loan. Let me tell you from my own personal experience the terrible thing about using a loan to support a loan.

Attached is a method for negotiating repayment of only the principal.

I was born in a poor peasant family. My dream since childhood is to be rich when I grow up, so that my parents can live a good life, so that they can stop working and just lie at home and drink every day. Let’s chat over tea, but as big as a person’s dream is, as big as his heart is, the amount of damage he may cause you will be huge.

In the past, I didn’t know how to eat, drink, whore or gamble. No matter how my friends around me tried to guide me, I was always indifferent. I started working outside in 2006 because my starting point was very low. It was easy to be satisfied. I got a salary of 600 yuan a month, sent 500 yuan home, and used 100 yuan for living expenses. It was a very beautiful thing at that time. I have always insisted on one thing, which is that when I pay my salary every month, the first thing I do is send the salary back home. I have persisted for 4 years.

In 2011, my life changed a lot. I met a girl in the factory. Later, we fell in love and eventually came together hand in hand.

Under the persuasion of my girlfriend, I began to make new changes in my life plan. I want to start my own business and can no longer work together. That is a road that has already seen its end.

When we were working, we didn’t work overtime at night, so we started taking clothes and setting up stalls outside. We tried to change our thinking and come up with different ideas, and took them to the market every night to set up stalls. Stall, I can earn forty or fifty yuan a night. At that time, I was very happy, because forty or fifty yuan we added another forty or fifty yuan to the income of our small family.

We persisted for about two months. Later, my girlfriend learned from her friends that it was very profitable to open a small store on the Internet. Then we registered a small store on Taobao. I didn't know how to operate it at first, but after constant exploration, I finally found it and opened the door to the golden key.

Between 2011 and 2015, I made about 500,000 yuan on Taobao in four years. It was really easy to make money at that time. Then my ambition is quite big. Only people with big ambitions can do great things.

Because between 2011 and 2015, his girlfriend had returned to his hometown to have a baby. He went back to his mother-in-law’s home because he said it was best for his mother to take care of him. I Of course I respect his opinion, and I have to send him 3,000 yuan every month. I keep going because I have made money. When his mother helps take care of the children, she still has to give him 4,000 yuan every month, which is quite a lot. Yu spends about 10,000 yuan a month, because he also has to buy milk powder and clothes for his children. The living expenses are high, and it is difficult to keep up with the pace of making money.

So I wanted to expand my business. I wanted to go back to the old path and open a physical store. Later, after constant exploration, I found a store outside and started a store of my own. The Taobao store was also comprehensive. It was moved to a physical store, where three employees were hired to take care of Taobao's online business and also take care of the physical store.

Just because I have done everything, I feel very free and have nothing to do every day. Because my wife is in my hometown, I want to find something to do for myself every day. I often go out with my friends to foot massages, KTVs and other entertainment venues. It is said that people who frequent such places will become evil, and this statement is not wrong at all.

I met some unscrupulous people there. Later, after their recommendation, I started gambling on the Internet. At the beginning, I just created, deceived her ideas, and just followed her. Meaning, because he asked you to play with your rejection of her, he felt that you didn't regard her as a friend, and besides, he was also interested in her.

From the initial curiosity to the subsequent addiction, it does not take a month, because from the beginning of playing, I felt that it was too easy to make money, because I had never been involved in it before. As people say about this kind of thing, curiosity killed the cat. Just because I can't withstand this kind of temptation, I might be able to earn two to three thousand or even ten thousand yuan by spending a small amount of two to three hundred yuan on it every day. This income feels like it comes faster than my own store. So I insist on this idea every day.

It wasn’t until a month later that I counted my funds and found that I had lost about 100,000 yuan while playing there. Then I came up with some ideas for myself. Maybe it was because I didn’t know where I was when I was playing. I lost, so I kept reminding myself every day not to get angry, but how did I know that when gambling, I am not afraid that you will win, but I am afraid that you will not come. Even if you win for 10 days, it will not be enough for him to lose for half an hour. I finally experienced this feeling. In the following days, I thought about constantly making money and turning around every day. Sometimes I really won and won back all the money I lost before. I clearly promised that I would never play again, but I wanted to be greedy for him, and then I lost again.

I entered it again and again and lost more than 400,000 in less than three months. Because I am relatively patient in playing, it took me so long to spend this little money, which is considered good, but these are all shops. Later, the store ran out of money to purchase goods, so he closed the store and fired everyone.

I thought that in gambling, I might win all the money back one day, and I always thought about winning millions, and then I got deeper and deeper into it. After I lost all my movable funds, I deceived my friends and relatives and told them that I would use the money as working capital. Because I ran a shop, it was very convenient to borrow money, and I soon owed 20 Tens of thousands of dollars in debt, but paper can never cover the fire.

I have to send 10,000 yuan home every month, and I have no money at all. I had to send money again, but I had no other choice, so I started looking for loans online and applying for credit cards. It took me more than a month to turn over funds because I was addicted to gambling.

I had a credit card limit of hundreds of thousands, and I used up all of it. Later, because I had to repay the credit card, I had to apply for a loan online and use the loan to repay the credit card. This happened every month. More than 1,000 of the credit cards worth hundreds of thousands of dollars disappeared every month. The interest and wages paid on the loans every month were not enough. I kept repeating this for about 4 months. I really couldn't stand it anymore. Not only was this Repeated actions failed to pay back the money, and more and more money was paid back.

Especially later, I won a loan called Routine Loan. I borrowed 1,000 yuan from a certain loan and got 800 yuan. If I didn’t repay it in time, I would have to pay interest. , and do this repeatedly every week, well, after one month, not only the principal is enough, but also outstanding.

Later, I had no choice but to force myself ashore and stop repaying all my credit cards and loans, because it was impossible to survive by repaying loans, and I couldn’t even survive at the minimum level, let alone survive. No need to talk about repaying the loan.

But as someone who has never experienced big storms, I didn’t know what the consequences would be if I didn’t pay back the money. From the very beginning, I chose not to pay back the money, and the debt collection officers started calling me constantly, trying to keep me in check. The images in the hearts of my wife and mother-in-law suddenly dropped to zero.

But this blow was just the beginning. I had no budget for the impact and consequences. Collection calls began to come to my home, and they hit all my relatives and friends, and later all my friends. I explained everything one by one. I said don't pay attention to that kind of phone call. It was because I had offended others and they were retaliating against me. He deliberately said that I owed money.

But there is no way to get rid of this kind of thing just by explaining it verbally, because it directly affects the normal life of others. He is no longer attacking me, he is attacking my friends around me, using high Frequency calls were made to their mobile phones, and high-frequency text messages were sent to their mobile phones, making them unable to use their mobile phones normally. They attacked me from the side and asked my friends to force me to pay back the money.

Later, I upgraded directly to sending a lawyer’s letter, which was sent to the village committee and my home. People at home were also in an uproar. The news spread in the village, and I suddenly became a celebrity in the entire village. .

What’s even more serious is that after a period of time, they sent text messages directly to relatives and friends, saying that if they didn’t pay back the money, they would come directly to their door. Relatives and friends were scared to death.

Later, I told all my relatives and friends directly that they called me after everything was done and said that I had gone abroad and was not in the country. This was also a strategy that I had no choice in, and it was also a strategy mentioned by the old timers. sexual transference.

After three years of continuous hard work, I finally made some achievements. In these three years, I did not contact any company, nor any credit card, nor did I contact any relatives or friends. Because I know he can track me down.

When I stood up, I decided to negotiate with them to repay the money. My priority was the credit card, because the credit card is a bank, a national institution, and no matter what I do in the future, It is closely related to them. You must be clear about your own debts, what should be paid back and what should not be exchanged, and which part should be dealt with first.

Today I will talk about the methods of two companies. One was sued and the other was not.

Guangzhou Bank’s credit card, because I have been sued by this bank’s credit card. Although I have been sued, I have not dealt with it, so my first priority is to deal with this bank. The following It’s my negotiation process.

①I took the initiative to call the customer service number of this bank and asked the customer service how to deal with this debt.

②The customer service gave the phone number of the business manager of the collection department, and then called the phone number of the lawyer according to their request.

③When the lawyer talked to me, he said that he had to pay back all the interest and principal on the credit card. Then I asked him if he could get a discount? At that time, he refused. Later, we couldn't chat anymore, and no one got a happy solution.

④I called the business manager of the collection department again and told him that I intend to repay this loan. If you can reduce the interest for me, I am willing to deal with it immediately. Otherwise, I won't deal with it, because I have been washed away by you. It doesn't matter. You can't execute my money anyway. I hung up the phone unhappily during this conversation.

⑤ I know, bargaining is like buying clothes. Finally, two days later, I got good news. The interest company called me and said that I only need to repay the principal.

For me, this is not a small amount of money, because the principal of 6,000 yuan has increased to 21,000. It almost tripled, so I had to get it, and I finally did.

There is also a credit card from Everbright Bank that has not been sued

① When I was sorting out all the debts, I looked through the previous text messages on my mobile phone, which contained the final collection call. , and I called back the text message they reserved on the mobile phone using this method, and I said I was willing to negotiate with you to repay the money.

②. The other party is not a bank, they are a collection company. They replied disdainfully that this thing is no longer in their hands and they are no longer processing it, so when they received the collection text message, this Things are time-limited, so don’t stupidly call that number after a while. If the collection agent asks you to send money to him, it will really be a waste of money.

③. I can only contact customer service. When I first called, I reported my home address. Later, they directly said that I was overdue and asked me why it took so long for it not to be processed. I told him: I called now to negotiate the repayment, and the customer service responded directly to me, saying that they did not negotiate the repayment. Then I said, please help me contact the collection department. Fortunately, I had this experience last time, and he was very impatient and transferred it to me. Maybe they had already given up on my bill and didn't send a new collection person to collect it.

④. After receiving the call, the collection department hung up. Later, they directly told me that they would call me later. Within half an hour, they called me and told me that I only need to pay back the debt. Just the deposit is enough, and they will handle the rest for me. And as long as I pay back the principal, they will cancel the card directly.

Finally, the hard work paid off and this one was solved.

Later I also dealt with CITIC, Minsheng, and Industrial and Commercial Bank of China.

Summary: If a loan is overdue, never repay it with a loan, otherwise you will only get deeper into trouble. In the early period when it is just overdue, you should find ways to borrow money from relatives and friends and fill it in first. If it is overdue, your credit report will be affected, and it will be very difficult to buy a car or a house in installments. The consequences of being overdue are also very serious. I have analyzed it very clearly above, and I hope it can help you. [Compare your heart][Compare your heart][Compare your heart]

I am a person who has been here before. Using loans to support loans is just to tear down the east wall to make up for the west wall, and it has no effect at all.

I was originally afraid of overdue credit cards, and then I came into contact with online loans. Every time I couldn't pay for my credit card, I tried various online loans. Every time I applied successfully, I felt relieved and felt that I finally didn't have to overdue. Who knew that I would just walk into a deeper quagmire step by step and finally be unable to extricate myself. Using loans to support loans only solves short-term problems, but does not fundamentally solve the problem at all. If this continues, everything will eventually be overdue. Before we get deeper into trouble, we should think of ways to make money and pay back the money we owe.

I am committed to debt planning and debt restructuring. I hope it will be useful to you!

Using loans to support loans will only cause your debt to continue to increase, not decrease, forming a vicious cycle, and the final result will be overdue!

As for what to do after the due date, it is actually very simple. Pay it back if you can. If you really can't pay it back, don't pay it back. Especially after it is overdue, it is said that you have to pay the minimum payment, and the rest They all arrange installments for you. What is the difference between this and bill installments? Wouldn't it be better in the end? What's the point? If it is overdue, take the initiative to contact the platform or Mihang to inform you of your current situation. You are indeed unable to repay. When applying for personalized installment repayment, do not directly say that I want to apply for personalized installment repayment. It will definitely not work. Yes, it is impossible to communicate well in one go. You need to persist. It may be a week or 5 days, so the time is uncertain. For the WD platform, when you have saved enough principal and a little interest on this platform , negotiate a settlement, pay it off in one lump sum, and then ask the platform to issue you a settlement certificate.

I am seeking death myself. I used a credit card to decorate my new house, and I was short of money when it came time to pay it back, so I borrowed 20,000 yuan. At that time, the limit was not high, only 30,000 yuan. I'll pay it off with a credit card in the next bill period, and I actually got 320,000 in online loans. Weibo suddenly stopped lending money in early June, and it was only after I calculated that I realized that a big mistake had been made. 32 online loans and 15 credit card loans are about to become overdue, and I can’t even pay back the interest. What should I do? After struggling for three days, I finally told my father. The old father was confused when he turned 75. Fortunately, he took out his coffin book and a little of his own balance to scrape together 150,000 to pay off all his credit cards in advance and close the account. The remaining 32 can only face the overdue deadline. Therefore, it is right to stop losses immediately and never touch online loans again. The lesson is painful, and if you don’t experience it, you don’t know the pain. Don't regret it until it's too late!

So, do you want to never finish it? Or don’t you want to pay it back? Using loans to support loans is the former, and overdue loans are the latter.

Choose for yourself!

In the final analysis, the purpose of using loans to support loans is not to lose face. The frequent borrowing of online loans is also because of not losing face. In fact, in the end, the turnover cannot be made and the loan is overdue. At this time, think about what "face" can gain. ?

My first platform loan was when I jointly opened a snack bar with a friend. At that time, my family didn’t have much money, but we also had no debts. Then after I was defrauded of financial management, I wanted to make money, so I came up with an idea. I just started working when I was young and started to lose money. I don’t know why my credit is so good. My friend said that she used 360 to borrow money, because no one took any money from home, they all swiped their cards and borrowed money. It turned out that her loan limit was small, so I didn’t think much about it. I just thought I would pay it back when the time came, so I said I would lend it out, but I ended up borrowing a lot!

The business of opening a store was not that good, and there was a lot of work during the renovation. I told my family that I would work part-time, but actually I invested the money myself, and I got most of it from here. Later, I paid back a little bit, but the interest was also high. I kept running the business for half a year. Later, I transferred some money to another store, but it was not enough to repay the money. When I asked my friends, she always said no, and it took a long time. , in order not to be overdue, they exchanged with each other... (I invested more than 100,000 in the early stage, and later spent more money to add things, and the rent, water and electricity bills were also high)

A lot of things happened in the later period. I took out a loan for these things, which led to my current situation. This time I couldn't get around the overdue payment, and I knew that the more I paid, the more I paid, so I forced myself to go ashore, because being overdue is not terrible, but the terrible thing is the debt collectors. Just remember one thing "It is natural to pay back debts," so when you find that your income cannot cover your expenses, you quickly stop losing money on the debts and negotiate to settle the family. As someone who has used loans to support loans, I say, don't do this, it will snowball too much. It’s terrible. If you are overdue, you can only overdue it and force yourself to go ashore. Only then will you have the motivation to make money^_^!

Currently I am using loans to support loans. Let’s talk about my situation

I currently have 5 bank cards with a limit of ***141,000, and then I made installments for them all. , it has been divided for up to three years, please pay it back slowly. I borrowed 40,000, and I feel that the interest is very high. The monthly interest is more than 500, and I plan to pay it back in the next two days. There is also a bank loan of 100,000, which is interest first and principal later, which means paying 1,000 interest first a month, and the principal will be returned after one year, and then you can pay it back and then borrow it out.

First of all, let me talk about why I use loans to support loans. First of all, I have a house and a car, and the house is still being paid monthly. If these are overdue, I don’t know if my RV will be taken away, and then it’s overdue. I thought that I couldn't bear the bombardment of phone calls and threats from third parties, and I was also afraid that my family would have physical problems, so I was using loans to support them

I also want to go ashore now, so the plan is to pay off the credit cards first , and then next year, take out all the money from the credit card to repay the loan, close the loan, and pay the credit card in installments, one by one after paying off.

Although I know that using a POS machine to repay a credit card can be done once every two months at most, which is equivalent to 10,000 yuan a month with only a 30 handling fee, why do I still choose installments? Because every time When I arbitrage money back and forth, I feel like I still have money, and I always spend some of it unknowingly. If I don’t feel like I have a thousand dollars, I will spend it all at once. In order to avoid unnecessary expenses, I always choose to pay in installments. In this way, you can collect money tightly every month and pay it in installments, and then no longer take it out. This way, the account will gradually become smaller, which is also a disguised form of saving money. Give yourself three years, and I believe that you will be able to see the bright future.