2020 Ping An i Loan has not repaid Ping An Loan for more than three years and has not repaid it for 6 years

Will I go to jail if I owe Ping An Puhui loan for 6 years?

If you just owe money and nothing else, you will not go to jail for it.

If you do not repay the money you owe, it is just a matter of civil debt, not a criminal offense, and you will not be subject to criminal penalties such as "jail". Criminal and civil matters are two different things. They are very different. It is basic common sense. Finished answering.

What will be the consequences if the Ping An Puhui loan is not repaid?

Ping An Puhui will report the overdue situation to the People's Bank of China for credit reporting, so if the loan is overdue due to non-repayment. A bad credit record will be left on the borrower's credit report, resulting in personal credit damage. If you are caught because your loan is not repaid, you can report it to the Supreme People's Court and enter the "list of dishonest persons subject to enforcement", also known as the "list of dishonest people", and you will be banned from traveling by plane, high-speed rail, etc. Certain collection measures will also be taken. During the initial phone call, if the loan cannot be repaid, you can explain your actual situation to the bank and try to apply for an extension. This depends on the regulations of different banks;

Moreover, first of all, you can apply for an extension based on your repayment situation. Choose the installment repayment time to reduce personal repayment pressure; if you cannot repay in installments and you have no money to repay, you can explain to Ping An Puhui that you are willing to repay, but you are unable to repay due to financial problems, and try to postpone the repayment. time; in addition, you can negotiate with Ping An Puhui to extend the repayment and sign a deferred repayment contract. If Ping An Puhui cannot repay the money, remember not to stop repayment voluntarily, so as not to affect your personal credit score or even be affected by Ping An Puhui. On the surface, they appear to be willing to repay, and the best solution is to negotiate repayment. Ping An of China is a lending institution under Ping An Group of China, which mainly provides loan services to small and micro enterprises and individuals. If you apply for a Ping An Puhui loan and fail to repay it, the consequences will be very bad. Ping An has a dedicated post-loan management center, which is not outsourced and is a position within Ping An’s establishment. The salary of these post-loan center customer service staff is proportional to the amount achieved in collections. If the corresponding amount is less, she can only get the basic salary.

In addition, if you still have the ability to repay, then try to repay it. If you can't repay, don't delay telling the other person. You are temporarily unable to repay. There is nothing to escape from. You just can’t pay it back temporarily. The collection methods implemented by normal online loan platforms are relatively formal. First, the borrower is notified by text message (note that the borrower is not a family member or friend of the borrower), then the staff comes to the door, and finally the judicial process is followed. This is the most formal way. If you encounter this kind of collection, you must pay it back in time. As long as this method of collection is not used, most of them are suspected of being illegal.

What are the legal consequences of not having money for a loan owed to Ping An Credit?

I owe a loan to Ping An Credit, and I have no money to repay the most serious suspected loan. The provisions of Article 193 of the Criminal Law shall apply.

Article 193

"Crimes of Loans" Whoever makes a loan from a bank or other financial institution for the purpose of illegal possession and the amount is relatively large shall be sentenced to not more than five years or criminal detention , and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan;

If the amount is huge or there are other serious circumstances, the sentence shall be not less than five years but not more than ten years, and also a fine of not less than 50,000 yuan but not more than 500,000 yuan. ;

If the amount is particularly huge or there are other particularly serious circumstances, the offender shall be sentenced to not less than ten years or, in addition, a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscated.

The bank will take different collection measures according to the overdue time:

If the loan is not repaid in time within 1 month - penalty interest will be taken

The bank will take 1-3 months SMS warnings, account managers calling customers, and various on-site investigations.

For more than 3 months, the bank will remind you by phone, and the account manager will come to collect the payment.

In the meantime, we must constantly check the customer's asset clues, and register the customer's property as a mortgage on the housing authority website to prevent the customer from transferring property.

The bank filed a complaint within 6 months, sent a summons to the borrower's home, and auctioned the collateral (house) to repay the debt.

If the circumstances are serious, in addition to auctioning the collateral, you may also be on the list of scammers.

Then, notify you on the social media that you cannot leave the country or take public transportation such as airplanes and high-speed rails.