Received Nanping arbitration notice owing online loan.

Legal analysis: the parties can first get in touch with the online loan platform, negotiate with the staff of the other party about repayment, and ask the other party to withdraw the arbitration application. If not, the parties can also choose to collect valid evidence, actively respond to the lawsuit and safeguard their legitimate rights and interests. However, after the arbitral award is made, it must be executed according to law.

Legal basis: Article 675 of the Civil Code states that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 680 of the Civil Code prohibits high-interest lending, and the lending rate shall not violate the relevant provisions of the state. 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.

Article 62 of the Arbitration Law stipulates that the parties shall perform the award. If one party fails to perform, the other party may apply to the people's court for execution in accordance with the relevant provisions of the Civil Procedure Law. The people's court to which the application is made shall execute it.