Did you get a text message from Gitzo, not my name, calling loans overdue a liar?

The specific content of Article 193rd of the Criminal Law, in any of the following circumstances, is to defraud banks or other financial institutions for the purpose of illegal possession, which constitutes criminal responsibility:

(a) fabricating false reasons such as introducing funds and projects;

(two) the use of false economic contracts;

(3) using false documents;

(4) Taking false property rights certificates as collateral or repeatedly guaranteeing beyond the value of collateral;

(5) obtaining loans by other means.

In other words, as long as the borrower does not use false ID cards or false information for online loans or credit cards, it hardly constitutes fraud. Therefore, the content of article 193 of the criminal law is basically not applicable to online loans. At least at present, there is no such case. The online lending platform should deliberately confuse lending disputes to scare borrowers.

Lending disputes have nothing to do with criminal cases, let alone filing a case. The online lending platform can only sue the borrower to the court at most, and then ask the court to force the borrower to repay or do so.

For most borrowers whose online loans are overdue, it is a good thing to sue on the online lending platform. On the one hand, it can repay a lot of interest beyond the state regulations (court support: principal +24% annual interest rate); On the other hand, it can also guarantee its legitimate rights and interests (for example, the other party does not accept payment after private consultation).

Generally speaking, if the online loan is overdue, especially after the overdue, the annual interest rate seriously exceeds 24%. It is recommended to wait for the other party to sue or negotiate with the other party to let them sue you, which is beneficial to both parties.

First, the consequences of loans overdue:

Consequences of overdue repayment 1: If the loan is subject to credit investigation, whether the overdue repayment is short or long, it will affect the personal credit investigation. If you are a bank with strict repayment requirements, even if you are only one day overdue, the bank will record your overdue records in the central bank's credit information system, and once the overdue records enter the credit information system, it will have a serious impact on subsequent credit card applications and loans.

Consequence 2 of overdue repayment: If overdue repayment occurs, the loan contract may be violated. If you don't repay for a long time, you may be sued by the lending bank. At this time, the court will take a series of property preservation measures, and the assets under the borrower's name may be frozen.

Two. Legal basis:

Article 16 of the Regulations on Credit Management

The retention period of personal bad information by credit reporting agencies is 5 years from the date of termination of bad behavior or incident; More than 5 years, should be deleted. During the retention period of bad information, the information subject may explain the bad information, and the credit reporting institution shall record it.