I borrowed 9000 yuan from Baiqian Finance. Can I not return it?

I'm a little speechless about your question. It is natural that you should pay off your debts. No matter who you borrow money from, it is very normal to pay back the money after borrowing it. Now many people go online to borrow those online loans at will. Although these online loan products are not formal, it doesn't mean that you don't need to pay back the money, because you signed a loan agreement when you borrowed money. If you deliberately choose not to return it, this situation will become malicious and overdue, and you may have to bear legal responsibility.

1. What is Baiqian Finance?

Baiqian Finance is an online loan product of a credit institution in Shenzhen. Strictly speaking, Baiqian Finance is not a formal loan product. This product is actually a black online loan. The main target customers are those who have no good financial awareness. No wonder you think you don't have to return this product if you borrow it. I can only say that even if you don't want to return it, the other party has n ways to urge you to return it. Even if you don't pay it back, the loan company can still sue you in the end, and the court will review such cases. Even if the case is not returned, the other party can still apply to the court for enforcement.

Second, I advise you not to be an old lai.

Some people think that they may not need to buy a house in the future, cherish personal credit, or even deliberately owe money. For this kind of behavior, your logic seems impeccable, but when you deliberately owe money and don't pay it back, you need to bear the corresponding legal responsibility, and you directly become a deadbeat.

Third, Baiqian Finance is not a formal loan product, but it also needs repayment.

Because when you borrow money, you will also sign a loan agreement. For the interest part exceeding 35%, these interests are not protected by law and do not need to be returned. However, you need to repay the principal and interest within this period in full on time. Many users are not only weak in financial knowledge, but also imperfect in legal knowledge, which is very dangerous, so don't touch these online loans at will. Otherwise it will make your life very troublesome.