JD.COM gave me a reminder letter. Do you want to accept it?

You don't have to sign for it. If the online loan fails to repay in time, the loan center has the right to issue and mail a repayment reminder to the borrower, but this reminder has no relevant legal effect and does not need to be signed, but it can be used as evidence for the loan center to sue the borrower.

1. Do you want to sign the dunning letter issued by online loan?

The reminder is not a legally binding court notice, so it is not necessary to sign for it. But if the dunning letter is rejected, it means that there is no repayment. So in this case, the other party may take other measures to collect the money, such as directly taking the defaulting party to court and asking the court to enforce it. If malicious fraud is involved, relevant criminal responsibility shall be investigated.

Second, what are the consequences of overdue?

1. If it is overdue, penalty interest will be added.

No matter what kind of online loan is applied for, once the repayment is overdue, the lending institution will not only inform the borrower to repay in time, but also charge a penalty interest (some products also have liquidated damages) according to the corresponding standards.

Take JD.COM White Bar as an example. If you don't pay in installments, you can enjoy a 30-day interest-free period, and normal repayment will not generate any fees. For installment, in addition to the monthly installment fee, if the repayment is still not made after repeated reminders, the penalty will be charged at the daily interest rate of three ten thousandths.

For example, in Bai Hua, once the repayment is overdue, a penalty interest will be charged at the daily interest rate or the loan interest rate by 50%. The longer the time, the more penalty interest. The penalty interest will roll up, which is very scary.

2. Overdue records are recorded in credit information.

Although the application for flowers, borrowings and IOUs mainly refers to the sesame credit score and the third-party credit score of the parties. Only when the credit score reaches the standard can you apply. However, once overdue, it may be reported to the central bank's credit information system, such as Alipay. Although many online loans have not yet been connected to the credit information system, it may not be long before they are connected to the credit information system.

3, will be a variety of collections.

If the borrower fails to repay the loan within the time limit, the lender will go through the collection procedures in order to recover the arrears, such as SMS collection, telephone collection, door-to-door collection and so on. At that time, not only will your life be affected, but if you leave emergency contact information or read the address book, then the relatives and friends of the parties will also be harassed by various collection calls.

4. Will be blacklisted by the bank.

People blacklisted by banks will not be able to take planes, high-speed trains, accommodation, etc. More seriously, children will not be able to go to key schools; There will be more punishments in the future, so it can be said that life is hard.

5, will be sued by the court to seal up the collateral.

If you don't pay for more than three months, it will be very serious. If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.

The dunning letter issued by online loan has no relevant legal effect in law, and it is not necessary to sign for it. However, the failure to sign for it shows that the parties have no intention to repay the loan and have not taken active measures to raise funds. Therefore, the loan center has the right to bring a lawsuit to the court to force repayment.