Joke Collection Website - Public benefit messages - The loan is overdue. Is it true to send a message saying that Tik Tok's video will be sent?

The loan is overdue. Is it true to send a message saying that Tik Tok's video will be sent?

This is not true. After loans overdue, creditors may take a series of collection measures, but asking for videos in Tik Tok is not a common collection method. Under normal circumstances, the creditor can contact the borrower by telephone, SMS, email, etc. to remind him to repay the loan, or entrust a collection company to collect the loan. If you receive such a request, you are advised to ask the creditors or relevant financial institutions for details before responding.

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In China, creditors generally have the right to take legal measures to collect overdue loans, such as written notice, telephone notice and home visit. According to the Contract Law of People's Republic of China (PRC) and the Tort Liability Law of People's Republic of China (PRC), the creditor has the right to require the borrower to fulfill the repayment obligation and can bring a lawsuit to the court. However, the specific collection measures may be different due to factors such as regions and financial institutions. If legal issues are involved, it is recommended to consult a professional lawyer for correct legal advice.