What if you say you want to sue after six years?

If loans overdue has been in for six years, and now the other party says that it is necessary to collect money at home, it is suggested to contact the loan platform as soon as possible. It's best to pay off part of the arrears first and then postpone the rest.

Loans overdue can be divided into short-term and long-term, and different overdue time will lead to different consequences. But most people have a lot of misunderstandings about loans overdue, and they don't realize their regret until the consequences are serious.

According to the provisions of Article 22 of the Measures for the Administration of Bank Card Business, the issuing bank charges 5% of the overdue fine and 5% of the over-limit fee for the credit card holder's outstanding minimum repayment amount and the over-limit credit card respectively.

Article 675 of the Civil Code, 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.

Article 676 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 the relevant provisions of the state.

Consequences of non-repayment of loans:

1, and bear high overdue fees.

For overdue fees, different online lending platforms may use different names, and the charging standards will be different. Whether it is called overdue penalty interest, overdue management fee, or other various names, the charging standard of overdue fee is very high. So, if you have the ability to repay on time, don't be overdue.

The defendant went to court.

If the borrower fails to repay the loan after repeated dunning by the dunner, the creditor has the right to sue the court for the amount of the loan owed.

3. Personal credit problems.

In modern society, personal credit survey has become an important evaluation basis. If the online loan platform is overdue in the future, it will be recorded in the credit information system of the People's Bank of China like bank loans and credit cards overdue, causing credit stains. Personal credit problems will have an impact on real life, such as being unable to get a house loan and buying a car by mortgage.