How do you calculate the three-day overdue interest? Rest assured that this platform, which focuses on the provision of loan services, has attracted great attention. Many have chosen to apply for borrowing here, but if the loan is three days overdue, how does the specific interest count

You can count on three days' interest

In the first place, interest on loans borrowed with a clear guarantee is calculated using the daily interest rate。

SECOND, IF YOU ARE THREE DAYS OVERDUE, DAILY INTEREST WILL BE CALCULATED ON THE BASIS OF THE AMOUNT OF THE LOAN AND THE RATE OF INTEREST ON THE LOAN. THE FORMULA IS CALCULATED AS: OVERDUE INTEREST = AMOUNT BORROWED X INTEREST RATE BORROWED X DAYS OVERDUE. FOR EXAMPLE, IF YOU BORROW $1,000, THE DAILY RATE IS 0.11 TP3T AND THE OVERDUE DAYS ARE THREE DAYS. SO YOUR OVERDUE INTEREST WILL BE 1000 X 0.11 TP3T X 3 = 3. AT THE TIME OF YOUR REPAYMENT, YOU WERE REQUIRED TO PAY THE PRINCIPAL OF THE LOAN AND THE INTEREST DUE ON THESE THREE DOLLARS。

So, what do you do if you're late

First, to negotiate repayments with the loan platform. Especially after the loan has expired, you need to contact them as soon as possible to tell them that you are not deliberately overdue and to state your current economic situation and level of income in order to express your willingness and ability to pay and to try to communicate and consult with them to set up a new repayment plan acceptable to both sides。

Second, consideration should be given to the sale of surplus items. You can sell your spare clothes, jewellery, and electricity, such as computers and television, to supplement your financial position by selling them on a used website。

Third, to increase their own income and reduce their expenditures. You can try to do some part-time work, such as delivery services, takeout meals, etc., thereby increasing your income. At the same time, you need to try to reduce unnecessary expenses, such as tourism, shopping and entertainment. In this way, you will find that you will have more money in your hand to pay back, and that the problem of the overdue will be solved。