Will I be prosecuted if I am overdue by more than 600 yuan?

Generally, online loan companies will not sue you for such a small amount of money. After all, this small amount of money is not enough to cover the prosecution fees. It just means that people still have to be honest and the money they borrowed still has to be paid back. If your credit report for online loans this time will still have a great impact on your future home loans and car loans, the future will be an era of big data, and everyone will understand each other's data, so you still have to be cautious.

If the following situations are illegal for an online loan platform to collect debt, you can file a complaint:

1. Calling the number in the borrower’s address book without the borrower’s permission Call relatives or friends and harass them multiple times

2. Intimidate and threaten the borrower or relatives and family members in the address book through WeChat, text messages, etc.

3. Every day after the borrower is overdue More than 3 collection calls

4. The collection calls after the borrower is overdue are not between 8:00 am and 9:00 pm

5. The borrower’s personal information is exposed

6. Going to the borrower’s home or workplace to collect debt, causing serious damage to personal reputation

7. Overdue fees after overdue are higher than the overdue interest rate stipulated by the People’s Bank of China

8 , Use inducements to induce borrowers to borrow money from other platforms and repay loans from this platform

9. Use illegal software to bombard borrowers’ mobile phone numbers with text messages and phone calls

10. Pretend to be staff of national law enforcement agencies. Borrowers engage in illegal activities such as intimidation and violent debt collection