The installment company said that it would sue me to the legal department of their company.

If a customer is told by installment that he will sue, it is mostly because the borrowed money has not been returned. In this regard, customers can pay off their debts before the staged music platform brings a lawsuit to the court. If a lawsuit has been filed, it can be filed before the court accepts it. There will naturally be no problem if the lawsuit is withdrawn by installment.

If the debt is not paid for the time being, the customer should not avoid not paying it back. You can take the initiative to call the customer service of installment music platform to explain the situation, tell the other party that you didn't intentionally overdue, but you really don't have the repayment ability, and then try to apply for extending the repayment period to repay the arrears in installments.

If installment music agrees, the lawsuit will be withdrawn naturally, and then a new repayment plan will be discussed with the customer, who can repay the loan in installments on time according to the new repayment plan. Of course, although the staging club will consider the customer's application for extension as appropriate, it is also likely to refuse, so customers can also try to borrow money from their close family and friends to pay off their debts.

People's Republic of China (PRC) Civil Code

Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.