All right, tell me in stages. Is the prosecution true?

Legal analysis: Compared with court prosecution, online lending platforms tend to violently collect borrowers. The online lending platform will not choose to sue the borrower through the court unless it is absolutely necessary. Then, why does the online lending platform prefer illegal and violent collection rather than suing the borrower through the court in a formal way?

First of all, violent collection has a better short-term effect, and the arrears can be recovered as soon as possible. Many borrowers are afraid of being exposed to their address books and being known by relatives and friends that they owe money, so collectors like to threaten borrowers with repayment by means of violent collection. The income of the collection personnel mainly depends on the arrears collected, so in order to make more money, the collection personnel violently collect the borrowers.

Secondly, online loan prosecution is time-consuming and labor-intensive, and it takes a long time to prepare a large amount of information. Generally, it takes several months or even longer from prosecution to trial. It's not worth the one or two thousand dollars owed by the borrower. Compared with the effect of violent collection, the online lending platform will only choose violent collection.

Another point is that most online lending platforms are illegal usury platforms. These online lending platforms are inherently problematic and illegal, and will not be brought to court at all. Even if the borrower is sued, the court will only decide to repay the principal and legitimate interest. Therefore, violent collection can bring more benefits, and it is not worth suing the borrower.

Therefore, under normal circumstances, don't worry too much about being sued by online lending platforms. If you are sued, you only need to collect evidence and actively respond to the lawsuit. The principal and legal interest can be repaid at most, which is beneficial to the borrower.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.