Is it really such a good thing that you don't have to receive this notice?

"Hello, your loan has been transferred ..."

Have you ever received such a notice?

Yesterday, a friend who borrowed money from a small loan platform suddenly received such a notice. Seeing that his loan had a "transfer of creditor's rights", he secretly rejoiced and thought that he would never have to continue to repay in the future.

Not only that, he also found an excuse for himself: after the transfer of creditor's rights, I no longer owe money to xx, but to others. But what does that man have to do with me? I obviously borrowed xx, not him. Why should I pay him back?

Do you think what this friend said is reasonable?

Let's take a look at what is the transfer of creditor's rights.

Generally speaking, the transfer of creditor's rights is actually the behavior of creditors transferring their creditor's rights to a third party, which is common in P2P online lending platforms.

To give the simplest example, Xiao has invested 12 months in financial management in a P2P platform. The platform lent the money to the borrower Li and became Li's creditor. Six months later, I wanted to withdraw cash, so the platform transferred the remaining six months of creditor's rights to Xiao B. At this time, Xiao B became Li's new creditor.

In this transaction, the creditor's rights were transferred between Xiao A and Xiao B, and Xiao B replaced Xiao A as a new creditor.

What is the relationship between the creditor's rights transfer and the borrower? The transfer of creditor's rights is clearly the relationship between two creditors, why should we inform the borrower?

Because the contract law stipulates that the creditor must notify the borrower when transferring the creditor's rights. If there is no notice, then the transfer is not effective for the borrower.

In other words, if the borrower Li was not informed when transferring the creditor's rights to Xiao B, then Xiao B has no right to ask Li to continue to pay off the remaining debts.

In fact, the reason why the law stipulates this is also to avoid two misunderstandings:

1. The borrower Li still repays the original creditor without knowing that the creditor's rights have been transferred, resulting in wrong compensation.

2. When the borrower Li does not continue to repay the loan, the new creditor Xiao B can continue to recover the arrears from Li on the grounds that he has been informed of the transfer fact.

So this is also why although the transfer of creditor's rights seems to have nothing to do with the borrower, the law stipulates that the borrower must be notified.

After the creditor's rights are transferred, there is no need to repay them?

Of course not.

After reading the above, I believe everyone has a good idea of whether to continue repayment. With this kind of "I obviously borrowed money from A, not from B, why should I pay back B?" There is no need to paralyze yourself for an excuse.

After all, after the transfer of creditor's rights, B has become your new creditor. Therefore, as long as the creditor's rights transfer notice is received, it is necessary to fulfill the repayment obligation to the new creditor.

Moreover, as long as it is borrowed from the formal platform, it is necessary to pay it back, and there is no need to find various reasons and excuses to deceive others. If you really refuse to repay the loan, it will be too late to regret it when you bear all the consequences after it is overdue.