What if I am threatened by the loan platform?

Legal analysis: Don't panic. First of all, I can tell you responsibly that the formal online lending platform will not be threatened. They usually ask the second contact to collect money. If they don't repay the loan, they will sue you in court, and the court will enforce the collection. Because these formal loans are protected by law, they can use legal weapons, and there is no need to intimidate you.

Legal basis: Article 266 of the Crime of Fraud in People's Republic of China (PRC), whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.