Recently, a piece of news has spread in the circle of friends: "The borrowing is comprehensively reformed, as long as the user is overdue, the remaining loans will be fully recovered." "Is this true? Let's do it. Let's take a look at what borrowing is. Borrowing is a small loan service launched by Alipay, users can apply through mobile Alipay, the approval speed is fast, the operation is simple, and it is deeply loved by users. However, any loan is risky, especially a small loan, which can have a serious impact on personal credit once it is overdue. 
Regarding the news that "the borrowing is comprehensively reformed, as long as the user is overdue, the remaining loans will be fully recovered", is it true? After verification, we found that this statement is actually a misunderstanding of the operating rules of borrowing. But there are many netizens who said that it doesn't matter if it's closed, anyway, the amount given is not high, and now many people have used Jinbei on WeChat*** to replace Huabei to borrow, and the amount given is high and convenient. 
In fact, the borrowing and repayment of the loan were carried out in accordance with the contract. If the user fails to repay the loan within the time limit, the borrower will first remind the user to repay the loan through **, SMS, etc. If the user still does not repay the loan, the borrower will take further measures, such as reporting the user's overdue information to the credit bureau, which will affect the user's credit history. However, borrowing does not recoup the remaining loan just because the user is overdue once. This is because the original intention of borrowing is to help users solve their short-term capital needs, rather than to put users in deeper difficulties. If all the loans are repaid because they are overdue once, it will undoubtedly be worse for those users who really need help. Therefore, the practice of borrowing is that as long as the user can pay off the overdue amount as soon as possible, they can continue to use the remaining borrowing. 
Of course, we also want to remind everyone that although small loan services such as borrowing have provided us with convenience, we must also be rational and avoid excessive borrowing. Once there is difficulty in repayment, it is necessary to communicate with the borrowing institution in time to seek a solution, rather than choosing to escape. The news that "the borrowing is comprehensively reformed, as long as the user is overdue, the remaining loans will be fully recovered" is not accurate. We must correctly understand the rules of borrowing, and at the same time, we must cherish our credit, borrow rationally, and repay on time.