Should Baiqian Finance collect the arrears of 5,000 yuan?

This is not true. Baiqian Finance will not sue immediately after it is overdue, but it will have the following effects: it will be reported to the central bank's credit information system. High penalty interest. Fantasy urges the defendant to go to court. 2. After hundreds of financial means urging, if the borrower is still unwilling to repay and the loan amount is too large, it is possible to take the borrower to court.

1. The meaning of credit reporting mainly includes credit reporting system and credit reporting service. Credit information system refers to a system based on credit system (including social credit system and financial big data credit system, etc.). ) as the data source, the credit information of social natural persons, enterprise legal persons and other organizations is collected, sorted, saved and processed as data according to law, and the data is processed through standardized scoring model. Credit information service refers to the credit report, credit evaluation, credit information consultation and other services provided by credit information institutions through the credit information system.

2. usury refers to a loan that requires a particularly high interest rate. Usury creditors are often called big ears or underground money houses; In Malaysia, Singapore is also called "Aaron". The high interest generated by loans is usually called expensive interest. Because usury is illegal or restricted by law in many areas, these contracts must be mortgaged or even written. The illegal usury loan contract is not protected by law and is likely to be declared invalid in court.

3. In the financial field, loans (or loans, financing, commonly known as positions, etc. ) is money lent by one or more individuals, organizations or other entities to other individuals and organizations. The receiver (that is, the borrower) assumes the debt and is usually responsible for paying the interest on the debt until the debt is repaid and the borrowed principal is repaid.

Most of Hong Kong's judicial system originated from Britain. The judge sits in the center of the front row with the regional emblem of the Hong Kong Special Administrative Region hanging on the back wall. The court staff are in front of the judge, the defenders (lawyers) of the prosecution and the defense are in front, and the public gallery is behind. At the hearing, the prisoner's yard where the suspect was sitting was nearby and was guarded by the bailiff. At the formal hearing, the judge was the last to enter the court. When the judge enters the court, the court staff will shout "court session", and everyone needs to stand until the judge enters the seat and bows to each other before sitting down together. When leaving the court, the court staff will also shout "court", and everyone needs to stand until the judge and everyone bow to each other.