Jingdong Baitiao owes 12,000 yuan. If it is overdue, it is said that it will be sued. Will it really be sued?

Hello, I am a post-90s person who has been engaged in the financial loan industry for many years. I am happy to answer your questions:

JD.com Baitiao is a credit loan product. If the personal credit report is simply overdue, it will only be reflected in the personal credit report, which will have a negative impact on your credit report, and you will receive an overdue reminder from the bank. As long as you repay the loan in time, there will be no Other impacts;

If the payment is overdue for a long time, it is considered a malicious default, which is more serious. In addition to affecting the credit report, there will also be liquidated damages and collections from the bank. If the debt is not repaid after multiple collections, the bank will file a lawsuit with the court. If you are really sued, the bank will send you a lawsuit and send it to the address you originally filled in or the address on your ID card. Your reputation has a huge impact!

Legal Basis

Article 675 of the Civil Code states that the borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return the loan at any time; the lender may urge the borrower to return the loan within a reasonable period of time.

If a loan is overdue for more than 90 days, you may be prosecuted. For bank loans, it is a loan contract dispute. Regardless of the amount, the bank can go to court to sue for collection. Many people have said: If I treat the subpoena as not received, will it be okay if I can't be found? No, according to Article 144 of the Civil Procedure Law of the People's Republic of China, if the defendant refuses to appear in court without justifiable reasons after being summoned by subpoena, or leaves the court midway without permission of the court, he may be absent. judgment.

So, if you are really unable to repay, you can negotiate to repay in installments!

As time goes by, 12,000 may turn into 20,000, or even more. Xiao Bai feels that 12,000 is not much, so he should find a way to pay it back as soon as possible to avoid causing any harm to himself. If you buy a car or a house in the future, you will be greatly affected, which is very detrimental to you.

I hope my answer will be helpful to you, thank you!