Joke Collection Website - Public benefit messages - After the deadline, he was also accused of maliciously defrauding loans.

After the deadline, he was also accused of maliciously defrauding loans.

Legal analysis: If the borrower still fails to repay the loan after debt collection, it will generate a certain penalty interest, resulting in a bad credit record for himself.

Legal basis: the Supreme People's Court's opinions on people's courts' handling of loan cases.

Article 10 A loan relationship formed by one party against its true meaning by means of fraud, coercion or taking advantage of others' danger shall be deemed invalid.

Article 11 The lender knows that the borrower borrows money to engage in illegal activities, and its lending relationship is not protected.