What should I do if the online loan says that I have violated Article 193 of the Criminal Law?

Legal analysis: if it is really unable to repay, it should negotiate with the lending institution to extend the repayment period or repay it in installments. Failure to repay will lead to the following consequences:

1. Bear high overdue fees. For overdue fees, different online lending platforms have different names and different charging standards. Whether it is called overdue penalty interest, overdue management or other various names, the charging standard is very high. Therefore, those who have the ability to repay on time should never be overdue.

2, undertake the platform fancy collection, the first stage, just a few days overdue, the platform customer service quietly reminded, warm reminder, telling you that it is overdue, please repay on time; In the second stage, if it is overdue for a long time, the platform customer service will seriously warn that it will face serious consequences if it is overdue; In the third stage, it was overdue for a long time, and the platform stopped trying to convince the other party and began to take practical actions.

3. The credit information of China People's Bank is tainted. At present, most online lending platforms have not been connected to the People's Bank of China's credit information system, but it has become an inevitable trend to access the People's Bank of China's credit information. In the future, if the online lending platform fails to repay the loan within the time limit, it will be recorded in the credit information system of the People's Bank of China, just like bank loans and credit cards that are overdue, causing credit stains.

4. If the defendant goes to court and fails to pay back for a long time or intentionally, he can file a lawsuit after the loan amount exceeds 20,000 yuan, which is in danger of being sued by the online lending platform. Once the court decides that the online lending platform wins the case, the borrower not only has to pay the money that needs to be repaid, but also pays the litigation costs and huge fines of both parties.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 673 Where the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.

Article 674 The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.