Joke Collection Website - Blessing messages - Can I apply for a payment order for online loans?
Can I apply for a payment order for online loans?
Legal analysis: Yes, if the borrower in peer-to-peer lending fails to repay the arrears within the time limit and still fails to repay after being collected by the platform, the online lending platform can apply to the court for a payment order.
Legal basis: Article 214 of the Civil Procedure Law of People's Republic of China (PRC) Conditions for Applying for a Payment Order If a creditor requests the debtor to pay money or securities, it may apply to the basic people's court with jurisdiction for a payment order if the following conditions are met: (1) There is no other debt dispute between the creditor and the debtor; (2) Payment orders can be served on the debtor. The application shall specify the amount of money or securities required and the facts and evidence on which it is based.
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