Periodicals are a micro-credit product launched by Lotte, and users can re-borrow without collateral after receiving a system-based credit. At times, however, users may encounter situations in which they cannot borrow successfully. Today we come to talk about the reasons for the sudden inability to borrow the slots and provide some solutions。

1. Inadequate availability

The minimum start-up for the band is $500. If your account is currently available below that amount, then naturally you cannot borrow. If you have outstanding arrears, it is recommended that the amount be restored first. Once the amount available is over $500, it is possible to try to borrow again, but note that the final success will depend on the results of the system's approval。

2. Suspension of service for system maintenance

In order to provide users with a better experience, the slotted platform will be used for occasional system maintenance and upgrades. During these periods, the Platform will suspend borrowing services. Usually, the official gives advance notice of specific maintenance and recovery times. In such cases, you have to wait patiently and normally return to normal by the next day。

3. Exhaustion of funds

The moneyiers of the bands make only a limited amount of money per day and follow the “first-come, first-served” principle. If it's just in time for the peak of the loan, the amount of the loan may have been exhausted that day, and then you can't borrow. Don't worry, the scale will be recalculated after the next day at zero, and you can choose to try to borrow in a non-peak period, so the success rate is higher。

4. Existence of overdue arrears

Your historical repayment record will affect the credit evaluation of the band. If there are outstanding overdue arrears, it may affect your continued borrowing. It is recommended that you settle your arrears as soon as possible and wait 30 days before you try to borrow. As long as delays are not serious, borrowing functions can normally be reinstated after a month, depending on the results of the system ' s approvals。

Importance of maintaining a good credit record

If you want to resume the borrowing function of the band, you must maintain your credit records. Avoid other credit operations to the extent possible and pay back outstanding amounts on letters of credit in a timely manner and reduce the debt ratio. The success rate is higher when borrowing risks are reduced before it is tried。