Excuse me. What if I miss the deadline? Will I go to jail?

Overdue loans are civil disputes and generally do not go to jail. Unless a lawsuit is filed with the court, the court enforces it, the user refuses to implement it or there is a fact of fraudulent loans, then it will rise to a criminal case, so it is possible to go to jail. Most overdue loans are civil disputes, so there is no need to bear criminal responsibility, so there is no need to go to jail.

However, if the court decides to repay the loan because of overdue prosecution, it will constitute a crime and will be sentenced.

According to the provisions of China's criminal law, those who refuse to execute the judgment or ruling of the people's court, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.

If you don't repay the loan, you won't go to jail, which will generally affect your credit information and bear the liability for breach of contract. Need to bear the liability for breach of contract such as continuing to perform, taking remedial measures or compensating for losses. If the breach of the contract causes losses to the other party, the amount of damages shall be equivalent to the losses caused by the breach of the contract, including the benefits that can be obtained after the performance of the contract. Other provisions of the law.

Legal basis;

Article 313 of the Criminal Law of People's Republic of China (PRC) refuses to execute the judgment or ruling of the people's court, and if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.

Article 577 of the Civil Code of People's Republic of China (PRC)

If one party fails to perform the contractual obligations or fails to meet the contractual obligations, it shall be liable for breach of contract, such as continuing to perform, taking remedial measures or compensating for losses.

Article 584

If one party fails to perform its contractual obligations or fails to perform its contractual obligations in conformity with the agreement, thus causing losses to the other party, the amount of damages shall be equivalent to the losses caused by the breach of contract, including the benefits that can be obtained after the performance of the contract; However, it shall not exceed the losses that the breaching party foresaw or should have foreseen when concluding the contract.