Is it true that the online loan overdue arrest warrant?

This is a lie. Leaflets distributed by judicial units are all in written form, which will be stamped with the official seal of judicial units and the names of the competent leaders of judicial units, and will never be distributed in any other form, such as telephone calls, text messages, chat software and so on.

I went to loans overdue on this platform and sent a message saying that if I used my ID card, I would be arrested immediately. This is fake. At most, they will only go through legal procedures to make you pay back. However, since you are in loans overdue, I still need to repay the loan as soon as possible to avoid bad records in the credit report.

Loans overdue, just return it as soon as possible.

I think it's necessary to teach you a lesson about loans overdue. In fact, there are short-term and long-term differences in loans overdue, and different overdue periods have different consequences. But most people have a lot of misunderstandings about loans overdue, and they will regret it when it has serious consequences!

Short-term overdue loans and their consequences

Different financial institutions have different definitions of short-term overdue time. In view of short-term overdue, institutions generally do not take compulsory measures, but will remind them to collect repayment, and the consequences are:

1, high fines and liquidated damages

After loans overdue, in addition to interest and principal, you also need to pay a high penalty interest and liquidated damages.

2. Leave a personal credit stain

The overdue records will remain on the credit report, and even after repayment, the overdue records will be retained for 5 years. Overdue records will affect almost all the subsequent financial activities of the overdue person.

3. Receive text messages and collection calls.

Lending institutions will continuously send short messages and telephone calls to collect overdue funds, inform borrowers of the serious consequences of overdue, and order borrowers to return overdue principal and interest within a time limit.

Long-term overdue loans and their consequences

Generally speaking, overdue for more than 90 days will be regarded as malicious overdue by lending institutions. Banks can sue for recovery if they are maliciously overdue for more than 90 days, regardless of the amount. After the court's decision, the information of the person who has broken his promise (Lao Lai) will be announced to the public, limiting his high consumption and taking the high-speed rail.

With the supervision bureau becoming more and more strict, the online loan platform is becoming more and more standardized and strict. Now many online loans are receiving credit information, so the credit information record is a matter of great concern to all borrowers. Today, I will tell you some knowledge about online loan credit reporting, hoping to help you.

1. The handling of online loan credit records is very "humanized";

Compared with traditional banks, online credit information is much more humane, which means that you will be given a certain grace period for your unintentional overdue due to temporary negligence. However, if you default for a long time, it is easy to have the borrower's tainted record, which is also the key reminder in the credit information system, which is very serious for personal influence!

2. The retention period of bad credit record of bank loan default is 5 years.

According to the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident. Bad records will not be discovered by other banks after paying off the principal and interest and liquidated damages for more than 5 years. It is worth noting that the credit stain will remain until the loan is settled. So everyone must cherish their credit records.

3. The retention period of bad credit records of overdue credit cards is 2 years.

Credit card repayment information will be recorded by the central bank's credit information system for 24 months. If the card is cancelled, the record will be kept for a long time. Therefore, it is recommended that credit card users continue to use their cards for two years after paying off their debts. During this period, they can maintain good credit and delete bad records from the credit information system by rolling records.

All three are based on short-term default. If the overdue information has been uploaded to the People's Bank for too long, pay off the debt and the system will automatically eliminate it after 5 years.

legal ground

Article 19 of the Criminal Procedure Law of People's Republic of China (PRC) Criminal cases shall be investigated by public security organs, except as otherwise provided by law. Crimes such as illegal detention, extorting confessions by torture, and illegal search. The people's procuratorate may file a case for investigation of illegal acts found by judicial personnel in the process of legal supervision of litigation activities. If a major criminal case of a functionary of a state organ under the jurisdiction of a public security organ needs to be directly accepted by a people's procuratorate, it may be placed on file for investigation upon the decision of a people's procuratorate at or above the provincial level. Cases of private prosecution are directly accepted by the people's courts.