What if Yixin loans overdue is sued?

Consequences of CreditEase's failure to repay the loan

CreditEase loan will not face the following five consequences: 1, and the platform loan officer will continue to call the company for dunning. This loan will be deducted. 3. The platform will safeguard rights and interests through legal procedures, including auction of collateral or enterprise assets, and recovery of joint liability of the guarantor. 4. Loans from other financial institutions will not be available, and there will be bad records in the personal credit information system. If it is not returned, the record will be kept. If it has been returned, the bad record will be cancelled after five years. If the loan is not repaid, you will be sued. If you can't find the defendant, you will find the accused family. CreditEase loans will be collected by SMS, telephone, door-to-door and legal proceedings. Collect the loan when the arrears are overdue, and bring a lawsuit to the court if they are overdue for more than 90 days: 1. Financial institutions bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing deposits in all bank accounts of lenders and loan guarantors and sealing up pledged property. 2. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. 3. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, all litigation costs arising therefrom, and related expenses incurred when the collateral is realized.

Yixin texted me. What should I do about it?

The first is to actively respond to the lawsuit. After CreditEase loans overdue is sued, the borrower should actively respond to the lawsuit, negotiate with the platform about repayment, provide relevant proof of inability to repay (such as poverty certificate, unemployment certificate and serious illness certificate), and inform the other party that it is not maliciously overdue, and see if it can apply for partial interest reduction and settlement.

2. If the borrower is unable to repay due to the violent collection of CreditEase Platform, the borrower should prepare relevant evidence as a bargaining chip for negotiating repayment with the platform.

3. If the interest charged by CreditEase is unreasonable, you can also provide relevant certificates to ask the other party to reduce part of the interest before repaying.

What if Yixin loans overdue is sued?

If loans overdue is sued, he should actively respond to the lawsuit, and actively perform the court judgment and repayment obligations after the court judgment. If it is not executed after the judgment, it may be executed by the court. If there is no property available for execution, if the people's court finds that the debtor is really incapable of execution, it shall make a ruling to suspend execution. After the suspension, resume execution.

legal ground

Article 675 of the Civil Law of People's Republic of China (PRC) stipulates that 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.

According to Article 676 of the Civil Code of People's Republic of China (PRC), if the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or relevant state regulations.

If loans overdue is sued, he should actively respond to the lawsuit, and actively perform the court judgment and repayment obligations after the court judgment. If it is not executed after the judgment, it may be executed by the court. If there is no property available for execution, if the people's court finds that the debtor is really incapable of execution, it shall make a ruling to suspend execution. After the suspension, resume execution.

How to deal with CreditEase's loan?

How to deal with non-repayment of CreditEase loan;

1. The overdue interest and overdue fine will not be calculated during the grace period, but after the grace period. The overdue fine is 5% of the arrears, and the interest is calculated at the daily interest rate of 0.05%.

2. If it is overdue once, it will be repaid immediately in a short time, which will not affect personal credit.

3. It has a certain influence on exit.

4. If it is overdue for more than 60 days, the overdue record will be uploaded to the personal credit information system.

5. If loans overdue lasts more than 90 days, CreditEase will mark your credit as bad, which will affect your re-applying for a loan in the future.

: the risk of non-repayment of online loans

1, late fee

Basically, every credit product, as long as it fails to repay within the time limit, needs to pay liquidated damages. Each online lending institution has different requirements, and it is also overdue by 10,000. Some institutions may be fined several yuan a day, while others may be fined several hundred yuan a day. Therefore, it is recommended that you repay in time to avoid overdue, otherwise the principal and interest penalty interest will be quite expensive.

2. Bad credit

At present, many online loans have begun to collect credit information one after another, or authorize institutions such as Sesame Branch and People's Credit Information. In short, in the era of big data, your loan application records, breach of contract and credit details can be found. Once it is overdue, it will eventually suffer. When you encounter financial problems, you can no longer borrow money by credit, so you can only choose mortgage or credit card TX, which is very troublesome.

If you leave a bad record in the central bank's credit report, buying a car and buying a house will be affected in the future, and the amount will be reduced, and the expenses will rise in proportion, which is not worth the candle.

3. Facing all kinds of fancy collections

Generally, on the first day in loans overdue, the loan platform will start dunning. First of all, it must be a telephone message. The collection stage of telephone messages is long and violent. In the early stage, it may just be a phone message reminder. If there is no repayment after collection, the collection platform will directly explode the address book.

4. Being sued by the platform

Under normal circumstances, after the online loan is overdue, the platform will urge the user by SMS, telephone, etc. If the user refuses to pay back the money, the platform will go to court to sue the user. If the bank decides to force repayment and the user still fails to repay according to the court's requirements, he needs to bear criminal responsibility.