firstly, if the borrower fails to repay the loan, the customer service department of the platform will call the borrower to remind him of repayment. Secondly, the door-to-door collection, if the phone collection is not recovered, the platform will collect money at home, then at this time you will suffer endless debt pursuit, and may also have an impact on your life. Finally, if it can't be recovered, it will sue the court and get the loan back through legal channels.

Therefore, no matter how much you borrow, don't have the idea of not returning it. In the Internet age, credit is very important. If the loan is overdue for a period of time, it will enter the credit information system of the central bank. The relevant records of overdue users will be transmitted to the personal credit information system of the central bank. Loans overdue interest. Loan contracts are divided into commercial loans and private loans according to the nature of lenders. Commercial loans refer to loans made by commercial banks or other financial institutions as lenders; Folk loans are loans between natural persons and between legal persons and natural persons.

the calculation method of overdue loan interest varies according to the nature of the loan contract. 1. In the loan contract, if the borrower has an agreement on the loan term, interest during the loan period and overdue loan interest, the autonomy of the borrower should be respected. As long as the overdue interest of commercial loans does not exceed the interest rate standard stipulated by the People's Bank of China, and the interest rate of private loans is not higher than 4 times that stipulated by the Supreme People's Court, it should be calculated according to the agreed interest rate. 2. In the loan contract, the borrower only agreed on the interest during the loan period, but did not agree on the interest on overdue loans.

To sum up, if you can, you should pay it back as much as possible. Don't listen to what is said on the Internet. If you don't pay it back, he won't dare to do anything to you or sue you. Maybe he won't sue you, but he has many ways to make you pay back the money. If you can't touch this thing, don't touch it. If you can't provoke it, you won't not only affect yourself, but also bring trouble to your family. Although it is now a society ruled by law, it is only natural to owe money and pay it back. Don't think about any loopholes that can be exploited. There must be many ways for people in this business to deal with this situation of borrowing money and not paying it back.