I owe a lot of online loans, but it's okay.

First of all, someone will be prosecuted. This is not a joke, but a true story. Don't think that the online lending platform will not sue the debtor, but it will. Generally speaking, it is mainly based on the debtor's debt amount. If the debt amount is relatively large, it is easy to be sued, especially if it is overdue for about one year. All kinds of collections, still no money. At this time, it is most suitable for online lending platforms to recover arrears through legal means.

Secondly, besides the accused, I also saw another situation. After some debtors are overdue for one year, the frequency of collection is getting less and less, or even no one has collected them for a long time. As for the reason, Bian Xiao won't tell you more. This situation generally happens to people who owe less. Personally, I feel that if I am an online loan platform, I will feel that there is no need to sue for this money, and even the cost of prosecution is not enough. On the contrary, collection is the best way. After all, outsourcing collection companies all commission according to the payment amount. If the outsourcing company can't get the money back, it doesn't need to pay the commission.

Peer-to-peer lending includes personal peer-to-peer lending (P2P peer-to-peer lending) and online microfinance. Personal peer-to-peer lending refers to direct lending between individuals through the Internet platform. Direct lending on the personal peer-to-peer lending platform belongs to the category of private lending, which is regulated by the Contract Law, General Principles of Civil Law and other laws and regulations as well as relevant judicial interpretations in the Supreme People's Court. Network micro-loan refers to the micro-loan provided to customers by Internet companies through their holding micro-loan companies. Online small loans should abide by the existing regulations of small loan companies, give full play to the advantages of online loans, and strive to reduce the financing costs of customers. P2P loan business is supervised by CBRC.