In addition to overdue bank credit card debts, meeting the statutory conditions can constitute a malicious overdraft of credit card fraud and constitute a criminal act. Others are civil debt disputes and will not be sentenced directly.
In civil debt disputes, the other party can sue you in court, but whether the other party will sue you depends on whether you owe money; If so, it depends on how much you owe, and on the other party's litigation cost.
If you owe an online loan, they will not sue you easily. No matter what kind of online loan it is, since the other party is an online loan, it is easy not to sue you.
Online loans are rarely prosecuted, relying on collection and pressure. They say that the prosecution is basically to scare you, which is false.
As for saying that you are overdue, it is indeed a breach of contract, and there should be penalty interest and liquidated damages, depending on the contract.
In fact, what you should guard against is illegal collection. -they sue you, first of all, the cost. For example, your household registration is Tianjin, and people live in Tangshan for a long time. If you want to sue, you must be in one of these two places; If that company sues in the north, Guangzhou and Shenzhen, the court has no jurisdiction. If there is an agreement in your loan contract where to sue for a dispute, you can sue in a different place according to the contract. )
But under normal circumstances, creditors will not really go to court to sue because the cost is relatively high. If there is no agreement on the jurisdiction of the court in the contract, you will basically not go across Qian Shan to the court with jurisdiction in your domicile or permanent residence. Even if there is a lawyer and the lawsuit has to go to court many times, the cost and time and energy cost of prosecution in different places are also high. They want to borrow so much money, and if they want to go to court for a small sum of money, they will not do business.
And objectively, most of these loan companies outsource the collection work to specialized collection companies. What you really need to guard against is not the prosecution in different places, but the collection methods such as their explosive address book. If the creditor sends you a message that you are being sued, it is basically false.
Such as third-party telecom collection, telephone calls, etc. There is no good way; But if the other party comes to collect money, you can call the police directly. As for the prosecution, don't say that you are only a few thousand dollars, even the travel expenses are not enough, and it is not worth wasting time; Even if it is 30,000 to 50,000, it will not be easily prosecuted.