What happens when online loans owe money?

Consequences of not repaying online loans:

1, resulting in overdue interest;

2. The online lending platform will conduct frequent collection;

3. The debtor may face the risk of being sued.

The borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan term or the agreement is unclear and still uncertain, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time. If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.

If the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated according to the actual loan period. ? The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest.

If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.