The online loan sent a text message saying that it had applied for property preservation.

Contact the other loan company for negotiation. If negotiation fails, the respondent shall respond to the lawsuit.

Formal online loans are found in credit information when the loans are not overdue, and information such as loan amount and installment times can be found in credit information. In such a formal situation, when overdue, overdue records are naturally uploaded, which affects the credit investigation. There is no need for special SMS notification, which will affect the credit information.

On the contrary, there are some irregular online loans that can't be found in the credit report, and credit records can't be uploaded when they are overdue, and sending such short messages will not affect the credit report.

Property preservation is also called litigation preservation. It refers to the protective measures taken by the court according to its functions and powers to prevent the parties (defendants) from transferring, hiding or selling their property before making a judgment, so as to ensure the smooth implementation of future judgments after they take effect.

Specific measures generally include seizure, seizure and freezing. Property preservation is generally applied by the parties, and the people's court examines and decides whether to take property preservation measures.

Property preservation can also be interpreted as a temporary measure taken by the people's court to restrict the disposition of the parties' property or the object of the dispute, or to prohibit the parties from carrying out or not carrying out an act in order to ensure the smooth execution of the judgment or avoid property losses.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 674

The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.

Article 675

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 676

If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.