Today, let us come together to a topic that is often raised — the microcredit platform. In these platforms, millet loans are human capital and, although heavily used, it is distressing that many people often forget to pay off after borrowing. So this leads us to the theme of today: will we affect our letter of credit if we do not repay our rice loan

Can't you agree to postpone the payment

The answer is yes. If you are overdue, the millet loan will result in overdue records and interest, which will be uploaded to the letter service, which will adversely affect your personal letter. It is noteworthy, however, that the millet loan provides a “grace period” repayment programme. This means that if you fail to pay your debt at the required repayment date, you can do so within this “grace period”, so that the overdue record is not recorded, thus avoiding a negative impact on your credit record. But if you miss the grace period, it will be considered to be overdue, and although you can then settle the arrears, the overdue record will remain。

At the same time, in the face of overdue issues, you can also try to negotiate with the millet loan and apply for a deferred repayment. In general, if you do not have a significant number of overdues and show a strong willingness to pay back, the milli loan may agree to a moratorium. Of course, once the consultations have been successful, you should pay back as soon as possible so that the late records are not uploaded to the caller。