Ante, excuse me. How long will it take to be prosecuted? The standard of overdue prosecution is open!

There has never been an accurate statement about how long ants will be sued if they borrow it. Some say it is overdue 1 month or more, while others say it is overdue for more than 3 months. So what is the specific situation? What is the standard of overdue prosecution? This time, I will tell you about two or three ants who were sued for borrowing money.

The loan contract does not specify the time of prosecution.

As can be seen from the loan contract of Ant Borrowing, if the borrower fails to repay in full and on time as stipulated in the contract, it has already constituted a breach of contract, then Ant Financial can solve the dispute through legal channels, such as providing the borrower's information to the collection company, law firm, court, arbitration commission and other competent departments.

It can be seen here that if the borrower's information is provided to law firms, courts, arbitration committees and other competent departments, it is basically preparing for prosecution, but it is really unclear how long it will take to sue ants for IOUs.

Guess one: if the overdue amount is large, you may be sued.

The loan amount for ants to borrow is 1 0,000-300,000 yuan. If the overdue amount reaches tens of thousands or more, then the overdue situation will be worse. If the borrower still doesn't repay the loan after the short message reminder and telephone reminder from the staff, Ant Financial will send a dunning letter to the borrower after the account is frozen. At this time, it is basically preparing for prosecution.

Conjecture 2: You may be sued if it is overdue for more than three months.

Generally, if the loan amount is overdue for more than three months, it will basically be judged as malicious overdue, and regardless of the amount, you can sue. If sued, the court will ask the borrower to pay off the loan in full, and at the same time calculate the overdue penalty interest on a daily basis for products such as Ant Borrowing. It can be said that the pressure to pay off the loan at one time is very great. If it refuses to be executed after being recovered by the court, Ant Financial can request the court to enforce it.

Although it is said that ants are overdue for a few days and a small number of them are overdue, the risk of being sued is small, but overdue will definitely have an impact on credit reporting. I suggest that you don't take advantage of the loopholes in the law, use ants to borrow money in time, and don't take any chances if you haven't been prosecuted for a long time. It is important to pay off the debt as soon as possible. Otherwise, your personal credit record will definitely have a disgraceful overdue record.