Is it scary to send a lawyer's letter to Hua Bai?

yes, it can be said that it is used to scare you. The lawyer's letter was sent to you by Hua Bai's lawyer, which has no legal effect and is equivalent to a collection notice. If you sue, you will receive an indictment from the court. However, whether it has legal effect or not, you should repay the loan. As the saying goes, "It's easy to borrow and pay back, but it's not difficult to borrow again."

Hua Bai was sued for overdue, mainly in two aspects, on the one hand, the number of days overdue, and on the other hand, the amount owed. If the borrower has the ability to repay, but refuses to repay, he will take legal measures to punish him and be sentenced to fixed-term imprisonment of not more than three years.

the full name of flower bud is ant flower bud, which is a consumer credit product launched by Ant Financial. After applying for opening, it will receive a consumption quota ranging from 5 to 5, yuan. When spending, users can advance the amount of ant flowers and enjoy the shopping experience of "spending first, then paying". On August 4, 216, the Ant Flower Garden Consumer Credit Asset-backed Securities Project was listed on the Shanghai Stock Exchange, which is also the first Internet consumer finance ABS on the Shanghai Stock Exchange. As of January 218, Ant Financial has actively increased the capital of two small loan companies by 8.2 billion yuan, and the registered capital has increased from 3.8 billion yuan to 12 billion yuan. On May 18th, Huayuan announced its opening to banks and other financial institutions.

For overdue users, Ant Flower Garden will remind users to pay back within 9-13 days after the user's repayment date by SMS, automatic voice, etc. If the user has not paid back, it will manually remind them by phone after 13 days.

According to Article 313 of the Criminal Law of the People's Republic of China, if a people's court refuses to execute a judgment or ruling that is capable of execution, if the circumstances are serious, it shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph. Ant Flower Garden emphasizes that if the overdue amount is large and the user can't be contacted by phone for many times, it will try to remind the user to repay by contacting the related person. This is based on the usual practice of the credit industry, and the purpose is to avoid overdue interest and credit record damage for users.

Take the bank card as an example. If the debtor fails to pay back the loan within 6 days, the bank will generally remind the user by SMS, voice and manual telephone. If the user still fails to pay the bill, or the debtor loses contact, the bank will start to press for collection. Generally, the longer the overdue period is, the greater the amount, the higher the intensity. The methods include contacting related parties, visiting the door, letters and other collection methods, and even taking legal measures in serious cases. Therefore, if the user fails to repay the overdue loan, he will collect it according to the common practice in the industry and even resort to the law. In the end, users not only need to pay the arrears, but may even affect the credit record and smear the credit.