If the borrower has been in arrears after the deadline, the online loan platform is invalid after repeated reminders, and the amount of arrears is relatively high, in order to recover the money, it is very likely that the borrower will choose to sue and use legal means to achieve the purpose of making the borrower repay.
If an online lending platform chooses to sue an overdue borrower, it will generally do so through the following steps:
1. Submit a complaint to the court, and the court accepts it;
2. The court issues a summons, and the creditor and the debtor begin mediation;
3. If the mediation fails, the court will issue a second summons to determine the time and accept it;
4. If the defendant is absent from the court, the judge will send the judgment after the judgment; If the loan is not repaid when it is due, the online loan company will apply for compulsory enforcement, freeze the bank card, etc.
It should be noted that if the repayment is overdue, in addition to the possibility of legal liability, it will also have a negative impact on the individual's credit, such as affecting future loan applications. Therefore, it is recommended that borrowers should fully consider their own repayment ability when borrowing to avoid overdue repayment. If there is an overdue date, you should communicate with the online lending platform as soon as possible to seek a solution.
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