Borrowing platforms, such as voice and comfort, are often used to address short-term financial distress. Sometimes, however, delays in repayment may occur due to a number of factors. How should we deal with such a dilemma

What if we're late

First of all, there is a principle to be observed: no new or old. The overpayment of new loans could not solve the problem, but could lead to a worsening of the debt problem. This means that you are caught in a vicious circle of indebtedness, and you will find that more and more loan companies are asking you for money, and that the pressure to collect the debt is increasing, even affecting your life and your work. Thus, new and old, in no way is a healthy solution to the problem of overdue payments。

If you fail to pay back on time, it would be best to approach the borrowing platform as soon as possible to explain that your overdue payments are not malicious and to list your income and economic situation, showing them that you are interesting and able to pay back. Through communication and consultation with the Platform, you can work together to develop a viable repayment plan. In this process, it may be necessary to produce some relevant material, such as a certificate of income. Not every consultation will succeed, but it will always yield。

It is also important that we adopt many strategies to avoid the serious consequences of overdue payments. First, to plan your financial situation in advance and to ensure that the repayment date is within your means. You can even advance the repayment date by a few days in case of unforeseen events. Another strategy is to rationalize the loan scheme, taking into account all the factors such as the amount of the loan, the manner of repayment and interest rates, in order to avoid delays. Short-term loans are also a wise option, if possible, because of the more flexible duration of short-term loans and relatively low interest rates, which are better suited to meet urgent borrowing needs。