Divide the time by 8 thousand and you won't be prosecuted

If you don't pay back the time, 8 thousand yuan may be sued.

Detailed description:

1. Contract: In the process of applying for installment payment, the user signs a contract with the installment payment company. According to the contract, the user needs to make repayment according to the agreed time and amount.

2. Overdue default: If the user fails to repay the loan on time, overdue default will occur. According to the contract, overdue breach of contract will lead to legal proceedings.

3. Prosecution procedure: The installment company can take legal measures to prosecute overdue users. Overdue debts may constitute a breach of contract and involve civil litigation.

Summary:

An installment loan of 8,000 yuan may also cause legal disputes. Overdue repayment leads to breach of contract, which gives Times Company the right to take legal procedures to recover debts. Therefore, overdue repayment may be prosecuted.

Extended data:

According to the relevant provisions of China's civil law, a contract is a legal document voluntarily concluded by both parties. When one party fails to perform its contractual obligations, the other party may require it to perform or bear corresponding responsibilities according to law. Overdue repayment belongs to non-performance of contractual obligations, and creditors have the right to take legal measures to safeguard their rights and interests according to law. Of course, the specific solution needs to be based on the actual situation. For example, installment companies can take the form of collection or prosecution to recover debts.